Monthly Archives: <span>December 2005</span>

Okla. Senators Say More Money Needed for Rural Fire Departments

Oklahoma State Senate President Pro Tempore Mike Morgan and two members of his leadership team said they agree with Assistant Majority Leader Jeff Rabon that something needs to be done immediately to address the needs of rural fire departments that …

William Gallagher Promotes Bolick

William Gallagher Associates has promoted Louisa C. Bolick to senior vice president in the firm’s Employee Benefits Practice. Bolick has 15 years of experience in employee benefits, on both the carrier and brokerage side. She joined WGA’s Employee Benefits Practice …

FTCR: Insurers Inflated Med-Mal Claims to Justify Rate Hikes

In documents filed with state regulators and in statements to public officials, medical malpractice insurance companies consistently inflated the amount they estimated they would pay out in claims, according to a study by the nonprofit Foundation for Taxpayer and Consumer …

Allianz Moves Ahead with RAS Merger

German’s Allianz AG has released a series of documents in furtherance of its plans to merge its German and Italian operations into one European Group. As announced last September (See IJ Website Sept. 13) Allianz plans to merge with Riunione …

New Viennese Dogs Must be Insured

Any dog born in Vienna on or after the first of January 2006 will be costing its owner something extra in the form of liability insurance. According to an article from AP, the City’s authorities have made such coverage mandatory …

S&P Rates Arch’s Flatiron Re ‘BBB-‘

Standard & Poor’s Ratings Services announced that it has assigned its ‘BBB-‘ counterparty credit rating to Flatiron Re Ltd. and its ‘BB+’ senior secured debt rating to Flatiron Re’s $256 million term loan facility, both with a stable outlook. S&P …

Allstate Warns Northern Calif. Residents on Minimizing Flood Danger, Damage

With Northern California rivers and reservoirs at their highest levels in seven years and with additional storms forecasted over the coming week, Allstate urges residents to be prepared in case floods threaten your family, home and belongings. Be Prepared * …

From New England to Virginia, Courts Made Insurance Headlines in 2005

From Maine to Virginia, many of the insurance headlines in 2005 dealt with compensation and reinsurance probes, just as they did across the country, casting the industry’s reputation in a bad light. But much of the most interesting regional and …

Louisiana National Guard Helps with Texas Fires

Responding to an Emergency Management Assistance Compact (EMAC) request from Texas, Louisiana Governor Kathleen Babineaux Blanco has committed Louisiana National Guard firefighting assets to help Texas with its ongoing battle against major fires. According to the governor’s office, three UH-60 …

Texas Farm Bureau VP Elected Chairman of ICT

The Insurance Council of Texas has elected James Langford, chairman of the board of directors beginning Jan. 1, 2006. Langford is the assistant vice president of compliance, regulatory and governmental affairs and training at the Texas Farm Bureau Insurance Companies …