Monthly Archives: <span>May 2009</span>

Engineer Distances Himself From Storm Damage at Cowboys’ Facility

A structural engineer maintains he had limited involvement with the Dallas Cowboys’ training facility that collapsed during a thunderstorm on May 2 and left a team employee paralyzed. “I was there just a few months,” said Enrique Tabak in a …

Named Storm Deductible Bill Passes Louisiana House

Two bills of interest to the insurance industry are making their way through the Louisiana legislative session, which convened April 27. House Bill 333, by Rep. Kleckley, which places limitations on named-storm, hurricane, and wind and hail homeowner insurance deductibles, …

Pennsylvania Supreme Court Upholds Denial of Coverage for Late Notice

The Property Casualty Insurers Association of America (PCI) is trumpeting a decision by the Pennsylvania Supreme Court that it says upholds the importance of enforcing the plain meaning of insurance contract language. The Supreme Court’s decision in Ace American Insurance …

Bollinger Acquires Gail Steinberg & Co. Inc.

New Jersey-based insurance brokerage Bollinger Inc. has acquired Gail Steinberg & Co. Inc. of New York, New York, the company announced. In connection with the merger, Gail Steinberg, president and chief executive officer of her namesake firm, will join Bollinger …

Colorado Legislature Ends Session With Insurance-Friendly Session

The Colorado General Assembly, which adjourned yesterday, took a commonsense approach to insurance-related legislation during its 2009 Session, according to the American Insurance Association. Bills of primary concern to the AIA included HB 1344, SB 246, SB 61 and SB …

Oregon Summer Forest Fire Risk Said to be High

A combination of predicted hot, dry weather, lightning and a widespread beetle infestation are spawning predictions of a summer wildfire season in Oregon worse than last year’s. Dan O’Brien, spokesman for the Northwest Interagency Coordination Center in Portland, said forecasts …

One America Transfering Jobs from North Dakota

An insurance company in Fargo, N.D., is transferring 23 positions to its home office in Indianapolis. One America, formerly Pioneer Mutual Life Insurance, informed the affected employees this week. Spokesman Paul Branks says the workers are being offered severance packages …

Employers Holdings, Inc. Reports $20.9 Million Q1 Net Income

Employers Holdings Inc. headquartered in Reno, Nev., reported first quarter 2009 net income of $20.9 million or $0.43 per share compared with $25.5 million or $0.51 per share in the first quarter of 2008, a decrease of $4.6 million or …

North Carolina Court: ‘Reasonable Suspicion’ Requires Multiple Factors

An anonymous tip and a police officer’s observation of a driver swerving in his lane were not enough to reasonably suspect drunken driving, judges on the North Carolina Court of Appeals ruled this week. The three-judge panel ordered a new …

Michigan Objects to Chrysler-Fiat Deal Over Workers’ Compensation Funds

Michigan is objecting to the sale of Chrysler LLC assets to Italian automaker Fiat, claiming the new company won’t meet obligations to a state workers’ compensation fund. State Attorney General Mike Cox filed papers in bankruptcy court in New York …