December 11, 2006
Liquor distributors cannot be held liable for a drunken driving crash during an Indian casino promotion that injured a Las Cruces, N.M., family, the state Court of Appeals has ruled. The May 2003 crash injured Joseph and Peggy Chavez and …
December 11, 2006
Countrywide Financial Corp. announced that Countrywide Insurance Group’s automobile insurance product is now available to consumers in Colorado, Illinois, Indiana and Nevada. The product was first introduced in Arizona in Sept. 2006. According to a company statement, residents can obtain …
December 11, 2006
The market of last resort may soon become the only option for thousands of policyholders if the Terrorism Risk Insurance Act (TRIA) sunsets and property/casualty carriers stop offering terrorism coverage. With a recent government report suggesting that TRIA should not …
December 11, 2006
California Attorney General Bill Lockyer has released the Department of Justice’s “Crime in 2006, January Through June” preliminary report showing property crime decreased by 2.8 percent compared to the same period in 2005, while violent crime increased by 4.1 percent …
December 11, 2006
The Second Applegate Court of California has ruled in Six Flags Inc. vs. Workers’ Compensation Appeals Board, et. al. that it is unconstitutional to award a $250,000 worker’s compensation death benefit to the estate of an employee who suffers fatal …
December 11, 2006
The Board of Directors of Fireman’s Fund Insurance Co. has elected Joseph J. Beneducci as CEO of the property and casualty insurance company. His appointment takes effect on Jan. 1, 2007. Beneducci previously served as president and chief operating officer. …
December 11, 2006
Santa is in the malls, families are stringing lights across the fronts of their houses and placing menorahs in windows, and the music of various faiths can be heard on radio stations. The holidays — from Christmas to Hannukah to …
December 11, 2006
The Associated Press is reporting that the recent appointment of Juan Vargas to serve as Safeco’s vice president of external relations is creating controversy. “The appointment of the San Diego lawmaker to one of the largest insurance companies in the …
December 11, 2006
The University of Washington Law School dean is facing an ethics complaint over his use of school time and computers for e-mail relating to his work as a State Farm Insurance board member. W.H. “Joe” Knight Jr. could be fined …
December 11, 2006
The former president of Crop Hail Management Inc. in Bigfork, Mont., has been sentenced to more than three years in prison and ordered to pay $512,000 in restitution for money laundering and fraud. Myron “Mike” Felt, 77, earlier admitted defrauding …