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

Travelers O&G Rolls Out Emergency Response Plan for Managing Blowouts

Travelers Oil & Gas recently launched an emergency response planning guide for managing well blowouts that occur on U.S. oil and gas land drilling operations. According to the company announcement, it is the first-ever such resource to provide a framework …

La. AG Says Contractor Fraud Fugitive Arrested in Fla.

Attorney General Charles C. Foti, Jr., recently announced that his office has arrested an individual suspected of defrauding numerous homeowners in Orleans, Jefferson and St. Charles Parish who were trying to repair their Hurricane Katrina damaged homes and who were …

Ind. Baker & Daniels Add Former Insurance Department Chief Counsel

Amy E. Strati has joined Baker & Daniels LLP as counsel, practicing with the firm’s insurance and financial services group. She will concentrate on the area of insurance regulatory law. Strati joins Baker & Daniels from the Indiana Department of …

Indiana Insurance to Hold Safer School Seminar at Illinois State University

Indiana Insurance, a member of Liberty Mutual Group, has announced that it will host its third of four free, day-long Safer Schools Seminars on Mar. 20, 2007 at Illinois State University in Normal, Ill. Michael Dorn, an expert in school …

Two Giant Glass Repair Firms Become One as Belron Acquires Safelite

Belron S.A., a large vehicle glass repair and replacement company, has completed its acquisition of another, Safelite Group Inc. According to Dan Wilson, president and chief executive officer.f the new joint organization will be known as Belron US. The new …

Iowa Winter Storm Damage Tops $65 Million; Governor Seeks Federal Aid

Iowa Gov. Chet Culver sent a letter to President Bush, requesting a presidential disaster declaration for 46 Iowa counties. Damage assessment for potential eligible expenses from winter storms that battered parts of Iowa in the past week totaled $34.7 million, …

Berkshire Reports 29% Jump in Earnings; Seeks Buffet Successor

Chief Executive Warren Buffett said he plans to hire a young investment manager to help succeed him at Berkshire Hathaway Inc. as the insurance giant recorded a 29.2 percent jump in net income in 2006, helped by a lack of …

Mo. Senate Votes to Change Liability for Crop Damage

Farmers whose crops are destroyed by someone else may have an easier time getting paid for them under a bill that recently cleared the Missouri Senate. The legislation changes the liability standard for crop damage or destruction. Under current law, …

Georgia’s Oxendine Defends Main Street Agents in Compensation Battle

Exclusive Video Interview Oxendine: Insuring Coast Against Wind, Big Insurers Georgia Insurance Commissioner John Oxendine, who was recently elected to his fourth four-year term, thinks Main Street insurance agents are being treated unfairly in the debate over agency compensation and …

Royal & Sun Management Team Completes Buyout of U.S. Businesses

Arrowpoint Capital Corp. has completed the acquisition of all Royal & SunAlliance USA businesses formerly owned by Royal & Sun Alliance Insurance Group plc of London. Arrowpoint Capital Corp. was formed in June 2006 by the senior management and outside …