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

New rules mean bytes of electronically stored info could have big bite

Insurance agents want to avoid litigation, but it is not always possible. When agents become involved in litigation in federal court, it is important for agents and their attorneys to understand the new Federal Rules of Civil Procedure governing electronically …

8 N.H. private school sues insurer over flood policy

Travelers claims buildings were in flood zone 8 Lloyd’s and former R.I. governor at odds Sundlun denies he owes funds to London broker 8 Conn. to get new insurance commissioner Cogswell to stay in department but step down as chief …

News Currents

Conn. Gov. Rell to replace Cogswell as insurance commissioner Connecticut Governor M. Jodi Rell has accepted the resignation of Insurance Commissioner Susan Cogswell and said she will name a replacement soon. Cogswell is not leaving the department, however. She has …

Figures

0.9% The workers’ compensation voluntary loss cost decrease approved by the New Hampshire Insurance Department, along with a reduction in assigned risk rates of 0.6 percent. The new figures went into effect Jan. 1. The decision mirrors the request made …

Insurance priorities for the U.S. Senate

Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit and other financial services markets. The …

Declarations

One New York “Every policy, every action, every decision we make in this administration will further two overarching objectives: we must transform our government so that it is as ethical and wise as all of New York, and we must …

People

Zurich Financial Services Group has appointed Maine Insurance Superintendent Alessandro A. Iuppa as head of Government and Industry Affairs for General Insurance, and as chief government affairs officer, North America. Both appointments are effective Jan. 15, 2007. Based in Washington, …

Editor’s Note: Bi-cycling

What a difference a year makes. The U.S. property/casualty industry posted a $24.4 billion net gain on underwriting through the first nine months of 2006. For the same period in 2005, it lost $2.5 billion. Insurers and policyholders have Mother …

Former R.I. Gov. Sundlun and Lloyd’s at odds

The London insurance market Lloyd’s has sued former Rhode Island Gov. Bruce Sundlun, accusing him of failing to pay about $300,000 in principal and interest. But Sundlun says he doesn’t owe Lloyd’s any money, and his lawyer has asked a …

N.H. private school says insurer didn’t do flood insurance homework; sues for buildings’ damages

St. Paul’s School in Concord, N.H. has filed a lawsuit accusing its insurer of refusing to cover most of the $5 million the school has spent repairing buildings and grounds damaged by flooding. In May, floodwaters tore up the road …