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

Spitzer taps investigator Dinallo to be N.Y. insurance chief

Incoming New York Gov. Eliot Spitzer will nominate Eric Dinallo, a former lead investigator in his office of attorney general and currently general counsel of Willis Group Holdings, to be superintendent of insurance. Dinallo worked with Spitzer from 1999 to …

State liquor store, homeowner blamed in N.H. drunk driving death

The family of a New Hampshire man killed in a drunken driving crash two years ago is suing the state Liquor Commission and the woman who owns the home where his friends were drinking. Randy Holmes, 24, was a passenger …

NFIB Groups Earn Texas Mutual Dividends

Texas Mutual Insurance Company announced a $302,815 dividend to the National Federation of Independent Business (NFIB) workers’ compensation purchasing group for the construction industry. The company also announced a $160,210 dividend to the NFIB workers’ compensation purchasing group for the …

Ark. Starts Insurance Program for Low-Income Workers

Low-income workers without health insurance are the targets of a new program announced by Arkansas officials. Enrollment began Dec. 20 for a program partly paid by Medicaid dollars that will eventually offer insurance to 80,000 low-income workers, an initiative that …

La. Judge Denies Move to Block Citizens from Hiking Rates

A judge has denied a request from a homeowner to immediately block Louisiana Citizens Property Insurance Corp. from raising rates, but will consider arguments that the state’s insurer of last resort is insolvent. State District Judge Louis DiRosa took the …

Oregon Bakery Fined $6,240 After Worker Trapped in Dough

The owners of a Franz Bakery where a worker nearly suffocated after he was trapped face down in a giant trough of dough have been fined $6,240 for safety violations. Oregon Occupational Safety and Health Division investigators found five “serious” …

Storm Closes Cheyenne Government Offices, Interstates

A major winter storm hit southeastern Wyoming on Wednesday, closing interstate highways, stranding travelers and sending government workers home early in Cheyenne. Mike Sowko, forecaster with the National Weather Service in Cheyenne, said Wednesday evening that the storm was the …

Colorado Airport Singing Holiday Blues; Losses Just Now Rolling In

Stranded travelers lined up at ticket counters at snowbound Denver International Airport early Thursday, hoping to get out of town amid a powerful snowstorm that paralyzed Colorado’s biggest cities with up to 2 feet of snow. The news wasn’t comforting: …

In Memoriam: Robert Hoye Dies

Robert M. Hoye, formerly of Arrowhead General Insurance Agency, has died of natural causes. Hoye was born in Harvey, N.D. on March 23, 1923, the son of Scandinavian immigrants. After graduating from Harvey High School in 1941, he joined the …

Aon Places California Earthquake Catastrophe Bond

Aon Corp., based in Chicago, announced that its investment banking group, Aon Capital Markets, completed the private placement of $190 million of principal at- risk variable rate notes for Munich Re. The placement provides Munich Re with collateralized catastrophe protection …