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

Nebraska Legislator Pushes for Change in Seat Belt Law

A Nebraska state senator wants to change the state’s seat belt law. Sen. John Harms of Scottsbluff wants to make the law a primary violation, which means a driver could be pulled over for not buckling up. Under current law, …

Tropical Storm Fay Reaches Florida, Fails to Reach Hurricane Status

Tropical Storm Fay remained at tropical storm status when it arrived on Florida’s mainland. As of 8 a.m. EDT (Aug. 19), Fay’s center was north of Immokalee and about 20 miles south of LaBelle and moving toward Lake Okeechobee, according …

Amerigroup Lawsuit Settled for $225 Million in Illinois Fraud Case

An insurance company giant has agreed to pay $225 million to settle a lawsuit that accused it of discriminating against pregnant women and other high-risk patients in Illinois. The Illinois attorney general’s office announced the settlement with Virginia-based Amerigroup on …

Agents’ Group Promotes Wright to Assistant Vice President

The Independent Insurance Agents & Brokers of New York has promoted Regina Wright to assistant vice president of finance. Wright most recently served as director of finance for the DeWitt-based trade group for agents. In addition, Wright is the latest …

Summer is Good Time to Tackle Business To-Do Lists

The last few weeks of summer can be a useful time for small business owners whose companies are going through a slow period– they have a chance to tackle some of those tasks they’ve been putting off. Some owners use …

Best Affirms Generali’s ‘A+’ Ratings

A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings of “aa-” of Italy’s Assicurazioni Generali S.p.A., as well as the debt instruments issued or guaranteed by Generali. The outlook for all ratings remains …

Willis Names Tracey to Head Global Professional Services Group

Willis Group Holdings announced the appointment of Keith Tracey as Chairman of Willis’ Global Professional Services Practice, effective immediately. He will report to Roland Avery, Chairman, FINEX (Willis’ Financial, Executive and Professional risks division) and to Joe Trotti, CEO, Global …

Flagstone Re Holdings to Merge Bermuda, Swiss Operations

Bermuda-based Flagstone Reinsurance Holdings Limited announced that it will restructure its global reinsurance operations by merging its two wholly owned subsidiaries, Flagstone Reinsurance Limited of Bermuda and Flagstone Réassurance Suisse SA into one operating platform – Flagstone Réassurance Suisse SA …

Aon Launches UK Extortion Consulting with Police Expert

Aon announced from its London office that its Crisis Management Unit has hired the former senior investigating officer for multinational extortion at the British police to head up a new extortion consulting team. The decision came in the wake of …

Insurance Staffing: Industry Needs “Innovative Mindset”

Looking into the future of the insurance industry, Julie Davis, executive vice president for Aon Corp. said there are internal challenges to climbing the corporate ladder with an innovative mindset. Speaking at a recent California Women’s Network event in Sacramento, …