Yearly Archives: <span>2006</span>

Colorado Defeats Legislation to Change Claims Practices for Liability Coverage

The Colorado House Business Affairs and Labor Committee has unanimously rejected an attempt to convert auto liability coverage into a quasi no-fault coverage for health care providers. The Property Casualty Insurers Association of America (PCI) testified against House Bill 1044, …

Tourtellott Joins Sloan Mason

Sloan Mason reported that Michael Tourtellott has joined its San Diego brokerage firm. Tourtellott has more than three years experience in the Southern California insurance market, and previously worked at G.S. Levine Insurance in San Diego. Sloan Mason (www.sloanmason.com) is …

Best Reacts to AIG Settlement

A.M. Best Co. maintains its existing under review status of the financial strength ratings (FSR) of member companies of American International Group Inc. (AIG) following AIG’s announcement that it has reached a $1.64 billion settlement ($1.15 billion after tax) with …

IBA West Opposes Workers’ Comp Ballot Initiatives

Earlier this week, leaders of California’s business community announced they would fight any efforts to reverse the workers’ compensation reforms enacted in 2004 (Senate Bill 899). The group announced the formation of a committee to oppose three pending workers’ compensation …

Evergreen Re Adds Sites

Evergreen Re, a HMO reinsurance broker, is opening new offices in Denver and Chicago. The new office in Denver would be headed by Mike Bible, account executive, and is located at 554 Charrington Court, Fort Collins, CO 80525. Carol Ann …

Measure to Expand Options for Okla. Small Business Moves Forward

A key plank of the Oklahoma Senate Democratic agenda to strengthen small business won the approval of a Senate Appropriations Subcommittee, according to the office of the lawmaker who sponsored a bill that would increase access to affordable health care …

Okla. Lawmaker Challenges Colleagues to be Examples of Healthy Living

As cancer and heart disease continue to be the two leading causes of death in Oklahoma, State Rep. Joe Dorman is urging legislators to set an example for living healthier lives. Dorman plans on teaming up with the Oklahoma branches …

Indiana General Assembly Considers Key Insurance Proposals

The Indiana General Assembly begins the second half of its 2006 session considering important insurance bills, according to the National Association of Mutual Insurance Companies. “Key bills correcting an error in the state’s farm mutual tax code, modernizing the commercial …

Hupp Named President at AIG Aviation

American International Group Inc. (AIG) reported that David Hupp has been named president and chief executive officer of AIG Aviation Inc. (AIG Aviation), a wholly owned subsidiary of AIG. Hupp will be responsible for day-to-day operations of AIG Aviation, headquartered …

Crawford & Company Announces Quarterly Dividend

On Feb. 7, 2006, the Board of Directors of Crawford & Company, based in Atlanta, Ga., declared quarterly dividends of $0.06 per share on the Class A Common Stock and $0.06 per share on the Class B Common Stock, payable …