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

Business Moves

Northeast Bank, Palmer Agency The insurance subsidiary of Northeast Bank, Northeast Bank Insurance Group, Inc. has acquired the Palmer Insurance Agency of Turner, Maine. Palmer has six employees and generated $4 million in gross premiums over the past year. The …

News Currents

Mass. employee smoking over firing A Massachusetts man has filed a lawsuit against The Scotts Co., alleging the lawn and garden company violated his privacy and civil rights when it fired him because he smokes. Scott Rodrigues, of Bourne, claims …

N.Y. auto profits hit

Auto insurance companies are profiting at unprecedented levels from New York drivers who are spending more on insurance premiums while the industry pays out less in claims, New York City Comptroller William C. Thompson Jr. charged. He called for insurers …

In Mass., Big Dig lawsuit cites 3 insurers among 15 defendants

Massachusetts Attorney General Thomas F. Reilly has filed a civil lawsuit against 15 companies including three insurers that provided surety bonds for the general contractor of the Big Dig Interstate 90 connector tunnel that collapsed on July 10, killing Milena …

MORE PUNCH FOR

N12 Profits lure new players into the ring 10 Big Dig civil suit Mass. Attorney General Reilly targets 3 insurers among 15 defendants

N.Y. agent runs for disabled veterans

John W. Bailey, of Dryden, N.Y., executive vice president of George B. Bailey Agency Inc., is an independent insurance agent who goes above and beyond to help those around him. Bailey completed the New York City Marathon last month and …

People

The van Aartrijk Group LLC, a Washington, D.C.-area marketing and communications firm, is augmenting its branding and public affairs capabilities with the promotion of one executive and addition of another, according to Peter van Aartrijk, chief executive officer. Maureen P. …

Editor’s Note: Keeping the faith

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 …

Are Actuaries Prepared for Nanotech, Avian Flu, Other Emerging Risks?

Actuaries should draw on the lessons learned from the notorious exposures of asbestos and pollution to be better prepared to handle new emerging risks like nanotechnology and the avian flu, attendees at the CAS Annual Meeting were told. Harrison Oellrich, …

W.Va. Probe Finds Lightning Set Off Sago Mine Explosion

After nearly a year of studying the Sago Mine disaster, West Virginia state investigators have concluded that an unusually powerful lightning strike somehow ignited methane gas underground, a United Mine Workers official says. Lightning is the only possible cause investigators …