Yearly Archives: <span>2006</span>

Michael K. Britt

People Lansing, Mich.-based Accident Fund Insurance Company of America has hired Michael K. Britt as its new executive vice president of insurance operations. The newly-created position includes oversight of the business development, third party administration and claims areas. Britt will …

Editor’s Note: Ever wonder why independent insurance agents are so effective and respected in legislative circles?

While there’s nothing wrong with writing a check to a favorite candidate’s political action committee, showing up on Legislative Day is priceless. Look ’em in the ‘I’ Look no further than the recent Legislative Day sponsored by the Independent Insurance …

R.I.’s Beacon Mutual under scrutiny

Rhode Island’s leading workers’ compensation carrier is facing an audit and a probe into a whistle blower’s allegations as it pushes for legislation opposed by the Carcieri administration. Department of Business Regulation Director A. Michael Marques told The Providence Journal …

News Currents

Retailers assert that the federal ERISA law invalidates state and local laws regulating employee health benefit plans. Retailers challenge benefit mandates in Md., N.Y. A group of retailers has filed suits challenging laws in Maryland and New York that were …

New Markets

New Markets Nuts & Bolts: DMI Insurance Services Inc. has expanded the range of markets it supplies to producers serving non-franchised auto dealers and automotive specialty shops. The new markets will supply liability and physical damage coverage not been readily …

News Briefs

In Maine, don’t linger on the front porch David Luxton awoke to the sound of shattering glass as a car smashed into his porch during the night. Less than 48 hours later, another car knocked his porch off its foundation. …

AIG wins restraining order against Greenberg

A New York judge has granted American International Group a restraining order against its former chief executive officer, Maurice Greenberg, and his agency, Starr Technical Risk Agency, that bars Starr from placing its AIG risks with other insurers. The judge …

News Briefs

N.Y. City eyes anti-terror cameras New York is considering installing surveillance cameras in Lower Manhattan in its fight against terrorism, similar to the “ring of steel” in London. Police department experts visited London in the fall to look at its …

N.Y. Senator Schumer criticizes Allstate’s metro-area retreat

New York State’s largest provider of homeowners insurance should reconsider its decision to stop writing new policies in the metropolitan area over concerns about hurricane damage, according to Sen. Charles Schumer. “The chances of a Katrina-type hurricane hitting our area …

By Jack Faris

Worry mounts among small employers because they are prime targets for trial lawyers who view them as easier pickings than big companies that have the financial resources to vigorously defend themselves. Small business and asbestos While shopping for turkey last …