Newsbriefs

Aetna to cut 650 jobs

Hartford-based health benefits giant Aetna said that it would cut about two percent of its 30,000 workforce or 650 positions as part of a new streamlining effort. The layoffs will include nearly 200 employees in management positions. “These actions are …

ARIZ., CALIF. RANK HIGH IN ID THEFT

The Consumer Sentinel database, maintained by the Federal Trade Commission contains more than 1 million consumer fraud and identity theft complaints that have been filed with federal, state and local law enforcement agencies and private organizations. In 2005, the most …

SIDE AIR BAGS COULD SAVE LIVES

Driver deaths in side-impact collisions dropped by more than half in sport utility vehicles equipped with head-protecting side air bags, according to the Insurance Institute for Highway Safety. Side air bags offering head protection could save the lives of about …

COURT RULES HURT PRISON GUARD NOT ENTITLED TO WORKERS’ COMP

A California correctional officer who was hurt while helping at an accident while on his way to work is not entitled to workers’ compensation benefits, the Third Appellate District Court of Appeal has ruled. The Court affirmed the Workers’ Compensation …

COUNTRYWIDE LAUNCHES AUTO PRODUCT IN ARIZONA

Countrywide Financial Corp. has announced that Countrywide Insurance Group’s auto insurance product is now available to consumers in Arizona. Quotes can be obtained by calling a licensed auto insurance agent at 800-669-6656 or in person at one of Countrywide’s home …

PRICING PREDICTIONS

Pricing for D&O coverage is soft, according to panelists Lance Dalzell-Piper of Marsh FINPRO, David Bradford of Advisen Ltd., and Patrick Kelly of Wilson Elser, who summed up the Plus D&O West Symposium discussing “D&O Litigation Trends and Predictions of …

POTENTIAL AGRICULTURAL WMDS (WEAPONS OF MASS DESTRUCTION)

Bacterial Agents Anthrax Brucellosis Cholera Glanders — B Plague, Pneumonic — A Q Fever — B Tularemia — A Viral Agents Ebola Hemorrhagic Fever — A & Malburg Hemorrhagic Fever — A Smallpox — A VEE — B Biological Toxins …

FLA. HOMES FACE 2% SURCHARGE

Florida homeowners will likely pay a little more than 2 percent extra on their insurance premium when they renew to help bail out the state-backed insurance company for people who can’t get coverage from private insurers. The charge will be …

STATE PATROL VETERAN HIRED FOR ANTI-FRAUD HIT

Washington Insurance Commissioner Mike Kreidler has appointed a veteran of the State Patrol to manage the agency’s newly authorized insurance anti-fraud program. Capt. Robert Veliz of Yakima, a 26-year veteran of the State Patrol, will head the special unit that …

STATES TRY TO STRENGTHEN FLOOD INSURANCE TRAINING FOR AGENTS

The National Association of Insurance Commissioners has adopted a model bulletin regarding training requirements for insurance producers who offer policies through the National Flood Insurance Program. This effort relates to Section 207 of the Flood Insurance Reform Act of 2004, …

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