Monthly Archives: <span>February 2008</span>

And the Award for the Riskiest Movie to Insure Goes to…

What was the riskiest movie of this year’s crop of Oscar-nominated films? Movie-goers might be surprised. Was it the western crime thriller that won Best Picture- — “No Country for Old Men” — or the nominated “Michael Clayton” where a …

Annotti Leaving Insurer Trade PCI to Head National Fraternal Congress

The National Fraternal Congress of America (NFCA) has named Joseph J. Annotti as its new president and chief executive, effective March 24, 2008. Annotti fills the position vacated by Frederick H. Grubbe, who resigned on May 24, 2007. Since that …

Mich. House Bills Open Door to Scrutiny of Auto Insurance Fee

An insurance panel that sets rates for coverage of severely injured motorists would be subject to more public scrutiny under terms of legislation that passed the state House on Thursday. Some deliberations by the Michigan Catastrophic Claims Association would be …

Mich. Acting Commissioner Ross Staying on the Job

Michigan’s acting insurance commissioner is staying on the job. Ken Ross was named commissioner of the state’s Office of Financial and Insurance Services by Gov. Jennifer Granholm on Friday, Feb. 22nd. Ross has been the acting commissioner since Linda Watters …

Progressive to Sell Mass. Auto Insurance Online Starting in May

Progressive Insurance said it plans to begin selling personal auto insurance in Massachusetts starting May 1 if state regulators approve the company’s rate filings, which it submitted to the Bay State’s insurance department this morning. The Mayfield Village, Ohio-based company …

Neb. High Court Nixes Reinstatement of Suit against State Farm

The Nebraska Supreme Court has refused to reinstate a lawsuit against State Farm in a dispute over whether the insurance company delivered the medical coverage it promised in its automobile policies. The Supreme Court’s ruling on Friday, February 22nd upheld …

University of West Georgia Investigating Suspected Arsons in Dorm

University of West Georgia authorities are investigating a string of suspected arsons in a campus dorm. Director of Public Safety Tom Mackel says all three fires were set within weeks of each other in the middle of the night in …

The Hartford Promotes 2 Key Execs

The Hartford Financial Services Group Inc. has promoted two senior execs to corporate leadership positions. Lizabeth H. Zlatkus, 49, has been named executive vice president and chief financial officer of The Hartford, replacing CFO David M. Johnson, who earlier this …

Former Marsh Execs to Appeal Conviction in Bid-Rigging Case

Two former executives at Marsh Inc, a unit of Marsh & McLennan Cos. Inc., were found guilty on a monopoly charge Friday for participating in an insurance bid-rigging scheme, court officials said. William Gilman, a former executive in Marsh Inc.’s …

Wilson Joins Virginia State Police Insurance Fraud Program

Daniel Wilson, a former insurance defense attorney, has been named legal specialist for the Insurance Fraud Program of the Virginia State Police in Richmond. Wilson’s responsibilities include acting as a liaison between the insurance industry and the Insurance Fraud Program, …