Yearly Archives: <span>2006</span>

Insurers Deny Payments to Indiana Man Charged with Hot Tub Murder

Michael B. Smith, 61, of Trafalgar, Indiana appeared in court this week to be formally charged with strangling his wife, Linda, in their hot tub in November 2003. Investigators said that Smith was facing financial troubles and that a life …

Texas Schools Group Earns $34K Dividend from Texas Mutual

Texas Mutual Insurance Company announced a $34,280 purchasing group dividend for the Texas Schools Group (TSG). The TSG group dividend is separate from the approximately $50 million in individual dividends that Texas Mutual Insurance Company paid to qualifying policyholders in …

Delgado Appointed to Calif. Alliance of Insurance Agents and Brokers Board

Carlos Delgado, CLU (Danmar Insurance Services, Riverside), has agreed to serve on the Alliance of Insurance Agents and Brokers’ board of directors. Delgado, a 35-year industry veteran, began his insurance career in the life insurance arena with Mutual of New …

Curley Insurance Group’s Shamrock Shootout Raises $50,000

The 12th Annual Shamrock Shootout Golf Invitational raised $50,000 for two charities, St. Vincent de Paul Thrift Store of Dallas and the Integrated Education Fund of Northern Ireland. Dallas-based Curley Insurance Group, one of the sponsors, said donations were presented …

Lawsuit Reform on Minds of Okla. Legislators During Current Session

As predicted, lawsuit reform is turning out to be the focus of the Oklahoma Legislature during the current session. In the Oklahoma Senate a comprehensive lawsuit reform bill, sponsored by a Democratic passed out of the Senate Judiciary committee but …

CSX to Pay $2 Million for Cleanup Costs from Baltimore Tunnel Fire

CSX Transportation will pay Baltimore $2 million for costs incurred following a 2001 train derailment and tunnel fire that paralyzed the city for days. No fault was assigned to either the city or CSX under the settlement which was finalized …

Unhappy Valentine: Wedding’s Off, Pa. Law Says Ring to be Returned

If the wedding is off, the engagement ring must be returned, state law says, but a broken engagement and ensuing legal battle over a $35,000 ring may change that. Mario Mele, a former Montgomery County commissioner who owns a dental …

Conn. Court Rejects Wrongful Death Claims Against Pratt & Whitney

The Connecticut Supreme Court has upheld a trial court ruling that bars wrongful death claims over the deaths by brain cancer of more than 60 workers in Pratt and Whitney’s jet engine manufacturing plant. The court agreed that the families …

U.S. Risk Insurance Acquires Lighthouse Underwriters

U.S. Risk Insurance Group in Dallas, Tex. is acquiring Lighthouse Underwriters, LLC of Anandale, Va. Under the terms of the agreement, Lighthouse will become an operating division of U.S. Risk Insurance Group, but will retain the Lighthouse trade name and …

Senate Kills $140 Billion Asbestos Fund Over Budget Rule

On a procedural budget vote, the U.S. Senate yesterday killed a proposed $140 billion private asbestos victims fund that has been years in the making. The final vote was 58 to 41, with 60 votes needed to keep it alive. …