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

Arrowhead Wholesale and First Capital Group Joins Forces

Arrowhead Wholesale Insurance Services LLC (AWIS) and First Capital Group have merged to form First Capital-AWIS LLC, a subsidiary of AWIS, to better serve the companies’ client bases. AWIS, headquartered in San Diego, is a program provider of workers compensation …

Companies Differ on How Supreme Court Should Decide Patent Case

Some of the largest companies in the United States are facing off in a Supreme Court case over gas pedals, with one side hoping the justices will put the brakes on an out-of-control patent system. The court is scheduled to …

State Farm Contributes $1.5M to Texas Vehicle Registration Initiative

State Farm and the State Farm Agents of Texas are contributing $1.5 million through in-kind services to support “Put Texas in your corner,” the Texas Department of Transportation’s initiative to remind vehicle owners to register their cars, trucks, motorcycles, and …

Radiologists Report Frustration with Medical Liability Issues

Nearly a quarter (24 percent) of radiologists responding to a recent national salary survey reported that they are frustrated with today’s medical liability environment. Only 7 percent of respondents said they were not frustrated about practicing medicine in today’s health …

HCC CEO Way Resigns at Conclusion of Stock Option Investigation

Houston, Texas-based HCC Insurance Holdings Inc., announcing the results of its independent investigation of stock option granting practices, said company founder Stephen L. Way resigned as chief executive officer effective Nov. 17, 2006. Way will remain a director and serve …

Regulators Install Management Committee for Interstate Compact

The Interstate Insurance Product Regulation Commission created by the National Association of Insurance Commissioners installed its Management Committee and elected a Committee chair, vice-chair and treasurer recently during the Commission’s inaugural annual meeting in Lansdowne, Va. The Commission elected Pennsylvania …

Fisher Tax Trial Delayed in Okla.

An Oklahoma County judge has moved the latest trial of former state Insurance Commissioner Carroll Fisher. District Judge Susan Caswell agreed to delay the tax-charge proceeding after meeting with prosecutors and defense attorneys. The jury trial set to begin Dec. …

Blanco and Donelon Urge Insurers to Speed La.’s ‘Road Home’

Amid complaints the Road Home program is moving too slowly, Louisiana Gov. Kathleen Blanco and Insurance Commissioner Jim Donelon asked insurance companies to speed their cooperation with the state’s hurricane housing aid program. The Road Home program, which gives grants …

Ark. Agent Pleads Guilty to Insurance Fraud

Arkansas Insurance Commissioner Julie Benafield Bowman reported that Carolyn Dixon, the owner of Dixon Insurance in Pocahontas, entered a negotiated plea of guilty to two counts of Insurance Fraud (Class D felony) and one count of Theft by Deception (Class …

Esler Appointed Willis North America Energy Practice Leader

Willis Group Holdings announced that Loyd Esler has been appointed Energy practice leader in North America. Located in Houston, his primary focus will be to coordinate Willis’ energy operations in Houston, Calgary and New York and to promote organic business …