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

Judge Upholds $1 Million Workers Comp Fine in The Station Case

A judge last week upheld a $1.07 million fine imposed against the owners of The Station nightclub for failing to carry workers’ compensation insurance at the club, the site of a 2003 fire that killed 100 people, including four employees. …

Mass. Employee Sues Firm for Firing Him Because He Smoked

A 30-year-old Massachusetts man who has smoked for more than a decade filed a lawsuit last week against The Scotts Co., alleging the lawn and garden company violated his privacy and civil rights when it fired him because he smokes. …

Gov.-elect Crist Optimistic Fla. Will Address Insurance Costs

Florida’s Gov.-elect Charlie Crist expressed confidence Friday that lawmakers would be productive in a special session to address the state’s homeowners insurance problem. He said he favors some of the goals in a bill prepared by Gov. Jeb Bush’s office, …

Pa. High Court Revives Suits on Non-Profit Insurers’ Surplus

Pennsylvania’s highest court has breathed new life into lawsuits that ask the state’s four nonprofit Blue Cross and Blue Shield insurers to use some of their cash surpluses to lower health-insurance premiums. The Supreme Court acted last week on a …

Little Rate Relief Found First Year After N.J. Auto Reforms

A year after New Jersey enacted auto insurance regulation changes meant to reduce rates, state residents were still paying through the nose, according to the latest survey compiled by the National Association of Insurance Commissioners. The report found New Jersey …

Ill. Arthur J. Gallagher Acquires William H. Connolly

Itasca, Ill.-based Arthur J. Gallagher & Co. recently announced the acquisition of William H. Connolly & Co. of Montclair, N.J. Terms of the transaction were not disclosed in the written release. William H. Connolly & Co. is a retail insurance …

Ill. Attorney General: Contingency Commission Practice Ends Jan. 1

Ill. Attorney General Lisa Madigan has announced that her office, under agreements reached earlier this year, has notified three of the nation’s largest insurance companies that beginning January 1, 2007, they can no longer pay contingent commissions to agents and …

Chicago Aon Closes Sale of Warranty Group, Construction Program

Aon Corp. announced the close of the sale of Aon Warranty Group (AWG) and its worldwide operations (including Virginia Surety Company) to Warrior Acquisition Corp., an affiliate of Onex Corp., and the close of the sale of Construction Program Group …

Mich. Bill Would Give Discounts to Seniors Taking Drivers Ed Class

When Michigan retirees Willie and Lois Gales asked for a way to ease a $200 increase in their auto insurance rate, they ended up at a two-day safety class in Detroit designed for older drivers. They got tips to prepare …

Insurer Group to La. Lawmakers: Avoid Hasty Decision-Making

Louisiana’s special legislative session begins Dec. 8 and insurers are urging lawmakers to exercise caution in when it comes to making decisions regarding solutions to insurance issues or how to spend the state’s surplus. In an announcement released by the …