February 10, 2008
States aim to prevent residential fires by requiring ‘fire safe’ cigarettes Movies — think Lauren Bacall and Humphrey Bogart in “The Big Sleep” — often make cigarette smoking look glamorous. Of course, in reality, the practice is anything but. In …
February 10, 2008
214 Million Some statistics from the Society of American Florists worth noting for Valentine’s Day: The estimated number of roses produced for Valentine’s Day in 2007 is 214 million. Valentine’s Day floral purchases by gender: 63 percent are made by …
February 10, 2008
Susan Doyle has been named president and COO of Wisconsin-based Wausau Insurance, part of the commercial markets business unit of the Boston-based Liberty Mutual Group. Doyle replaces Mark Fiebrink, who retired. Doyle joined Wausau as a senior vice president in …
February 10, 2008
Prison Inmates File Suit “Many clients believe they have lung problems attributable to asbestos.” Jeffrey Donnellon, of Columbus, Ohio, comments as the attorney for 33 inmates who filed a federal lawsuit that accuses prison officials of lying about removing asbestos …
February 10, 2008
The Coalition reports that nearly one of four Americans say it’s ok to defraud insurers. Some 8 percent say it’s “quite acceptable” to bilk insurers, while 16 percent say it’s “somewhat acceptable.” No matter how many times we read the …
February 10, 2008
Hit by an increase in catastrophe losses, Northbrook, Ill.-based insurer Allstate Corp. saw its profit drop by more than 37 percent in the fourth quarter of 2007 compared to the same period in 2006. The fourth quarter net income of …
February 10, 2008
With the 2008 legislative sessions now in full swing, many states are taking another look at the issue of insurers using credit scoring to underwrite or rate auto or homeowners insurance. Insurance trade groups are stepping up efforts in state …
February 10, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Health Club Nuts & Bolts: Sports & Fitness Insurance is a national underwriting facility specializing …
February 10, 2008
Maine Governor John E. Baldacci has nominated Mila Kofman as superintendent of the Maine Bureau of Insurance. Kofman has experience in the academic, government and not-for-profit sectors. She currently serves as Associate Research Professor at the Georgetown University Health Policy …
February 10, 2008
Leonard Crouse, Vermont deputy commissioner of captive insurance and a fixture in the state’s captive insurance industry for 18 years, has announced his plans to retire effective June 1. For more than 30 years Crouse has been a nationally recognized …