Idaho News

Merck Weighing Options After Legal Setbacks in Vioxx Cases

Reacting to a couple of legal setbacks related to its embattled arthritis medication, Vioxx, U.S. drug manufacturer Merck & Co. said it is weighing legal options in regards to separate rulings in New Jersey and Louisiana in cases involving Vioxx. …

N.H. Flood Insurance Sales Up 26%

The purchase of flood insurance in New Hampshire has risen by 26.2 percent since May of last year — a jump attributed to October’s flooding and some updated maps that identified new areas at risk. Policy purchases in New Hampshire …

Jimcor Debuts Apartment Program for N.J.

Jimcor Agencies has unveiled a new apartment program for New Jersey on its online system. The program is designed for habitational risks with five to 15 apartment units in buildings of up to four stories. It can accommodate property values …

Mass. Becomes 28th State to Join Interstate Compact

Massachusetts has become the 28th state to join a program designed to modernize state regulation of life insurance, annuity, disability and long term care products. Gov. Mitt Romney signed legislation into law today that allows Massachusetts to become a member …

Hallmark Files for Public Offering; Elects New CEO

Hallmark Financial Services Inc., an insurance holding company based in Fort Worth, Texas, announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed public offering of up to $80.5 …

NYMAGIC: Premiums Up 36%, Led By Excess Workers’ Comp

NYMAGIC, Inc. reported net earnings for the three months ending June 30, 2006 were $6.1 million, or $.67 per diluted share, compared with $5.0 million, or $.56 per diluted share, for the second quarter of 2005. Net earnings for the …

News Currents

Ark. town puts down uninsured pit bulls Pine Bluff, Ark., officials have euthanized 85 pit bills since June 16, when a new ordinance took effect, requiring owners to obtain $100,000 insurance policies to cover dog attacks. An additional 26 pit …

Mercury General Announces Second Quarter Results

Los Angeles-based Mercury General Corp. has reported net income of $37.8 million ($0.69 per share-diluted) in the second quarter 2006 compared with $73.6 million ($1.35 per share-diluted) for the same period in 2005. For the first six months of 2006, …

Thin ice

Identity theft costs American businesses and consumers a reported $50 billion and victimizes an estimated 10 million people in the U.S. a year, according to the Federal Bureau of Investigation. Recent reports suggest those numbers are going to continue to …

Idaho, Alaska, Hawaii lead nation for drownings

A lack of fences around backyard pools and lapses in adult supervision are some of the reasons Idaho ranks fourth in the nation in drowning deaths per capita, a medical doctor says. “Almost 80 percent of children who drown, drown …