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

New Markets

Workers’ Comp: Middle Market Nuts & Bolts: Workers’ compensation for middle market and loss-sensitive plans, with broad risk appetite, is being offered by PointSure Insurance Services. Premiums are in excess of $130,000 with guaranteed cost and loss-sensitive plans. Experience modification …

Rising tide of lawsuits-EPLI

The reality of today’s workplace is that a wide variety of employee grievances may escalate, almost without warning, into costly lawsuits. Any time an employee objects to a company employment practice that is perceived as unfair, an employment-related action may …

People

Minneapolis, Minn.-based ING named Susan Anderson president and CEO of ING Trust USA. Anderson will report to ING Advisors Network President Valerie Brown. Anderson will lead the growth and development of personal trust and directed institutional trusts nationally. ING Trust …

Business Moves

Arthur J. Gallagher, Lemac & Associates Itasca, Ill.-based Arthur J. Gallagher & Co. announced that its subsidiary, Risk Placement Services Inc., acquired Lemac & Associates Inc., headquartered in Los Angeles, Calif. Terms of the transaction were not disclosed. Established in …

Two legal cases in the eye of Hurricane Katrina

Say Hurricane Katrina and you immediately think of New Orleans; say Hurricane Katrina and insurance coverage, and the story is different. At the nine-month anniversary since the storm made landfall, of all the Mississippi coverage cases that have been filed, …

People The National Association of Insurance Commissioners unanimously elected New Hampshire Insurance Commissioner Roger Sevigny as secretary-treasurer of the association at the NAIC summer meeting last month in Washington. D.C. The elction places him in position to be president of …

News Currents

Mass. agents seek 4% auto pay raise Massachusetts independent insurance agents have filed for a four percent hike in the commission they receive on private passenger auto insurance polices. If approved by Insurance Commissioner Julianne Bowler, the increase would mean …

New Currents

Liberty expansion Liberty Mutual Group has begun construction of a 350,000 square foot office building located on 225 acres of land the company owns in Dover, New Hampshire. The company expects to begin occupying the building in late 2007. Joining …

Geico defends auto rating criteria in N.J.

New Jersey state Senator Nia Gill, D-Essex, has sponsored a bill to ban auto insurance companies from taking education and occupation into account when setting policy prices, arguing that the practice is discriminatory and circumvents laws against using race and …

Healthcare liability moves beyond hospitals to specialized facilities

Someone once said “change is inevitable” and in the health care arena that especially rings true. It wasn’t so long ago that the only place a person would go for immediate treatment was the emergency room of their local hospital …