Monthly Archives: <span>July 2006</span>

French Executive Pleads Guilty in Executive Life Case

A former managing director of a subsidiary of Credit Lyonnais plead guilty Monday to four felony counts of causing the bank to make false statements to the Federal Reserve Bank. Jean-Francois Henin, 62, of Paris, entered his plea in federal …

U.S. Corps Finds Some Sacramento Levees Not Up to Standard

The U.S. Army Corps of Engineers has withdrawn its endorsement of levees protecting parts of Sacramento, reversing a 1998 evaluation that has facilitated a construction boom in the Natomas area. In a letter released Tuesday to The Associated Press, the …

Old Republic Hosts Conference Call on 2nd Quarter Results Today

Old Republic Internationalannounced that it will hold a conference call on Thursday, July 27, 2006, at 3 p.m. EST to discuss second quarter results. The call can be accessed live on Old Republic’s website at http://www.oldrepublic.com . Investors may access …

U.S. Risk Names Moeser AVP – Marketing

Dallas-based U.S. Risk Insurance Group announced that April Moeser has been named assistant vice president of marketing. Moeser will assume the primary strategic and operational responsibilities for the sales and marketing support activities of U.S. Risk Insurance Group. She will …

Commissioner Calls on Allstate CEO to Discuss Plan to Shed La. Coverage

Louisiana Commissioner of Insurance Jim Donelon announced he has requested a meeting with Allstate Insurance Company CEO Edward Liddy after failed attempts by company officials to convince the Commissioner of the legitimacy of their plan to drop wind and hail …

London American Professional Liability, LLC introduces a new Errors and Omissions Program

Fort Lee, New Jersey – London American Professional Liability, LLC (LAPL) a Program Administrator and MGA, introduces a new program for Independent Property & Casualty Insurance Agents Errors and Omissions. The program will be offered on a nationwide basis and …

Colorado Workers’ Compensation Premium To Remain Unchanged

Colorado employees are likely to see their workers’ compensation costs remain unchanged for 2007. State Insurance Commissioner David Rivera said the National Council on Compensation Insurance will not be filing for any changes in the workers’ comp insurance loss costs …

Anti-Abortion Student Group Sues Arizona State University

\Arizona State University has been sued by an anti-abortion student group which alleges the university discriminated against students trying to voice their opinions on the issue. ASU Students for Life filed the suit in federal court Monday, contending the university …

Californians Expect Another Sweltering Day, Threating Dairy Production

The California heat wave blamed for deaths and blackouts simmered into an 11th day Wednesday as residents waited for a promised temperature drop to end their misery. State and local authorities reported at least 56 possible heat-related deaths, and utility …

Employers’ Costs for Workers’ Comp Rose Faster than Benefit Payments, Study Reveals

Employers’ costs for workers’ compensation grew faster than combined cash benefits for injured workers and medical payments for their treatment, according to a new study issued today by the National Academy of Social Insurance. The cost increase in 2004 (the …