Monthly Archives: <span>May 2006</span>

Fla. CFO Candidates Have Feisty Debate on Insurance, Spending

Democrat Alex Sink joked after participating in a chief financial office candidates forum with Republicans Tom Lee and Randy Johnson that she wanted to crawl under the table during the event in Orlando, Fla. Not that she embarrassed herself, but …

Anthem Sends Out Checks Erroneously

A Paducah, Ky. insurance company is trying to recover money it sent by mistake to 10,400 people in western Kentucky. The checks were sent May 15 to teachers and other state workers covered by Anthem Blue Cross Blue Shield last …

Avondale Settles With Insurance Company for Train Wreck Damages

Just one day after announcing it would close or sell all its plants in Alabama and two other states, Avondale Mills Inc. said it has reached a $215 million settlement with its insurance company for damages caused by a train …

Dale Sets Public Hearing on Proposed Miss. Windpool Rate Increase

Insurance Commissioner George Dale has scheduled for June 5 a public hearing in Jackson, Miss. on a proposed rate increase by the Mississippi Windstorm Underwriting Association, which provides coverage for high-risk homes in coastal Mississippi. The hearing is scheduled for …

State Farm Refusing Appraisal in Miss., Despite its Own Policy Language

State Farm Fire and Casualty Co. refuses to engage in the appraisal process in Mississippi to resolve Hurricane Katrina claims, even though its own policy mandates appraisal on demand when the amount of an insured loss is in dispute. Instead, …

Mass. Liquor JUA Rewards Training Security Staff, Not Just Servers

The Liquor Liability Joint Underwriting Association of Massachusetts (LLJUA) and a security training company are teaming up to transform security staff into trained professionals in what is believed to be the first program of its kind in the northeast. To …

N.H. Man Convicted in 3 Arsons

A New hampshire man was convicted this week of setting three fires in different apartment buildings in the city. David Connor was found guilty by a jury in Hillsborough County Superior Court. The crimes took place on Aug. 19, 2004, …

Mass. Gubernatorial Candidate Healey Calls for Malpractice Reforms

Massachusetts Lt. Gov. Kerry Healey this week proposed an update to the state’s medical malpractice laws, including streamlining ways to resolve claims prior to trial so that insurance rates for doctors can be held in check. The bill, which Healey …

Brown & Brown Announce the Asset Acquisition of Ideal Insurance Agency

Florida-based Brown & Brown Inc. recently announced the asset acquisition of Ideal Insurance Agency, Inc. Making the annoucement through a written statement were J. Powell Brown, regional executive vice president, responsible for Brown & Brown, Inc.’s Public Entity Services, and …

Auto Carrier Sponsoring Racing Car in ‘Indy 500’

United Automobile Insurance Group is sponsoring a Vision Racing Indy car driven by Ed Carpenter in this weekend’s Indianapolis 500 race. United is a North Miami Beach, Fla.-based privately held property and casualty insurance company that focuses on the non-standard …