Yearly Archives: <span>2006</span>

Ark. AG Releases Identity Theft Stats for 2005

In recognition of 2006 National Consumer Protection Week, Arkansas Attorney General Mike Beebe recently provided new statistics from the Federal Trade Commission on fraud-and-identity-theft trends in Arkansas and the nation. Arkansans reported a record number of 1,617 identity theft cases …

Aon’s Agency Specialty Product Network Forms LifeSource Alliance

Agency Specialty Product Network has joined with LifeSource – a BISYS Company to provide independent property and casualty agents and brokers a “virtual” life insurance department to enhance sales, profitability and client retention. LifeSource is an operating division of BISYS …

Louisiana Rating Commmission to Meet Feb. 15

The regular monthly meeting of the Louisiana Insurance Rating Commission will be held on Wednesday, Feb. 15, 2006, at 10:00 a.m. in the Hearing Room, Plaza Floor, State Insurance Department, the Poydras Building, 1702 North 3rd Street, Baton Rouge, Louisiana. …

Central Texas All Industry Day to Take Place March 1

The Central Texas Chapter of CPCU Society and the Austin Association of Insurance Professionals will host the 2006 All Insurance Industry Day March 1 at the Doubletree Hotel in Austin. The schedule of events includes: 8:30-9:30 a.m. – Legislative Update …

Pinkes to Lead The Hartford’s P/C Run-Off Operations

The Hartford Financial Services Group Inc. reported that Andrew Pinkes has been named president of Heritage Holdings Inc., a unit which oversees the company’s property and casualty run-off operations. Pinkes, who is currently the senior vice president and chief operating …

St. Paul Travelers CEO to Speak at Merrill Lynch Investors Conference

Jay S. Fishman, chairman and chief executive officer of The St. Paul Travelers Companies, Inc. is scheduled to speak at 2:55 p.m. , eastern standard time on Thursday, Feb. 16 at the Merrill Lynch Insurance Investors Conference. The presentation will …

Hanson U.S. Reaches Asbestos Coverage Agreement with Insurers

Hanson PLC, an international building materials company, announced that one of its U.S. subsidiaries, responsible for approximately 20 percent of the group’s present asbestos costs, has reached a settlement with its insurers. The settlement is effective from January 1, 2006 …

Fla. Commissioner Supports National Catastrophe Plan

Florida Insurance Commissioner Kevin McCarty, after completing a tour of Gulf Coast areas devastated by Katrina, said he is more convinced than ever the nation, not only Florida, needs a National Catastrophe Plan. McCarty, as chair of the National Association …

Kansas Agent’s Probation Revoked, Judge Reinstates Prison Sentence

Wichita resident Jeffrey Lopez, a former insurance agent, convicted of two felonies in 2001, had his probation revoked and was ordered to serve a prison sentence. Kansas Securities Commissioner Chris Briggs says that Lopez continued to solicit money for fraudulent …

Pennsylvania Again Cuts Workers’ Comp Rates, This Time by 8.5%

Pennsylvania Governor Edward G. Rendell touted the decision cutting workers’ compensation insurance rates, a decision he said will save the state’s employers approximately $100 million on their 2006 premiums. The reduction averages 8.58 percent statewide. Rates were cut an average …