Monthly Archives: <span>January 2007</span>

Ark. Bankers Group Names Travelers Preferred Provider

St. Paul, Minn.-based Travelers today announced that the Arkansas Community Bankers Assn. has chosen the company as its preferred provider for bank insurance products. The Arkansas Community Bankers Association represents 161 community banks and thrifts throughout Arkansas. Travelers SelectOne(SM) for …

Largest Ill. Medical Malpractice Insurer Lifts Moratorium on New Business

The largest medical malpractice insurer in Illinois plans to lift a four-year-old moratorium on new business, citing an improved economic and legal climate. ISMIE Mutual Insurance Co., which provides malpractice coverage for 13,000 doctors, announced this week that it plans …

Fountains, Pipes Freeze as Las Vegas Endures Record Chill

Chilly Las Vegas is shivering beneath a blanket of cold the likes of which it hasn’t seen for a decade. A fountain at a casino east of the Las Vegas Strip froze into a four-tiered ice sculpture and landscaping pipes …

NAS Offers its EPLI Insureds Stand-Alone D&O

Encino, Calif.-based NAS Insurance Services has a new stand-alone, simplified D&O writeNOW! insurance program for its EPLI insureds. The D&O program features limits up to $1 million with a self0insured retention of $0, $5,000 /$5,000 or $0, $10,000/$10,000. The minimum …

Mo. Director Provides Tips to Residents Affected by Deadly Ice Storms

As Missourians continue to recover from the deadly ice storms of last weekend, newly-appointed Director of the Department of Insurance Doug Ommen, issued a statement offering some helpful advice. “The weight of ice on trees is causing them to fall …

Pa. Maternity Clothier Settles Suit Alleging Bias Against Pregnant Workers

A Pennsylvania maternity-clothing retailer has agreed to pay $375,000 to settle a lawsuit alleging it refused to hire qualified applicants because they were pregnant — and then fired an assistant manager who complained about it. The suit filed last year …

Fla. Insurance Costs Seen Behind Shorter Stays by Snowbirds

Florida’s mild climate and world-class beaches continue to draw Northern retirees seeking temporary refuge from harsh winter weather, but tourism experts say many of these snowbirds are shortening their stays. Rental rates have risen to keep up with spiraling property …

Insurer to Investigate Vermont Diocese’s Handling of Priest Sex Abuse

An insurance company for the Roman Catholic Diocese of Burlington wants to investigate the church’s conduct in 27 cases of alleged child sex abuse by a former priest before paying the costs of litigation associated with them. The state’s Roman …

Ill. Developer Plans to Build 11 Homes on Segal’s Estate

A developer’s preliminary plans for jailed insurance executive Michael Segal’s estate include building 11 new residences and turning the coach house into two homes. Lincolnshire, Ill.-based Orren Pickell Designers & Builders closed on the $17.6 million suburban estate last month. …

OneBeacon Signs Trident Managers for Ocean Marine

OneBeacon Insurance has signed an agreement with Trident Marine Managers, Inc. to represent its ocean marine division in the commercial hull and casualty marine markets. A marine-specialty Managing General Agent (MGA) with a 25- year history of writing such business, …