March 12, 2007
Susan M. Ivey, chairman and chief executive of Reynolds American Inc., received a compensation package valued by the company at $6.4 million for 2006, according to a proxy statement filed last week. Ivey received a salary of $1.14 million, incentive …
March 12, 2007
Employees of the Los Angeles County sheriff’s and fire departments retire on disability pensions at a nearly 50 percent higher rate than their counterparts in 19 other California counties, according to a report by a human resources consultancy. The 73-page …
March 12, 2007
It was nearly 19 months ago, but Sara Weidenhaft is still haunted by the animal’s amber eyes just moments after it ripped her lips apart. It remains a part of every word that escapes her mangled lips, every stare from …
March 12, 2007
North Dakota Insurance Commissioner Jim Poolman believes that creating a uniform producer licensing system is a top priority, not just for North Dakota, but for every state. “We’ve worked hand in glove with our independent agents at home, because of …
March 9, 2007
Franklin W. Nutter, president of the Reinsurance Association of America (RAA) said reinsurance regulation goes beyond the narrow issue of collateral, and is pleased that the National Association of Insurance Commissioners (NAIC) Financial Condition Committee has directed its Reinsurance Task …
March 9, 2007
The ninth and last defendant in a staged auto accident insurance fraud ring was convicted of Engaging in Organized Criminal Activity in Dallas County District Court on February 27, 2007, the Texas Department of Insurance announced. Jerry Lockhart was found …
March 9, 2007
A five-judge state appeal court panel has refused to revisit its Feb. 7 decision to slash a New Orleans jury’s 2004 verdict that required four big tobacco companies to pay $591 million to help Louisiana smokers kick the habit. Attorneys …
March 9, 2007
The Thomson Corporation, based in Eagan, Minn., announced the acquisition of Tulsa, Okla.-based Oden Insurance Services Inc., a provider of insurance compliance and advisory information and workflow tools. Oden will be aligned with Thomson West in the company’s legal segment; …
March 9, 2007
With its financial records in disarray, Louisiana’s state-run insurance company of last resort will get a new chief administrator and beef up its management with a chief financial officer and internal auditor, Insurance Commissioner Jim Donelon said. The board of …
March 9, 2007
RSI International Inc. announced the promotion of Holly Ballard to commercial lines underwriting manager for their Texas offices. In this newly created position, Ballard will oversee the Commercial Lines Department, and will work directly with CEO Colin W. Rainey and …