Yearly Archives: <span>2006</span>

U.K.’s Norwich Union’s “Bizarre Motor Claims” Roundup

Frozen squirrels and falling reindeer top the list of the U.K.’s Norwich Union’s strangest recent automobile related insurance claims. The U.K insurer, a division of Aviva Plc, notes that “freak incidents involving animals top the list when it comes to …

XL Insurance Names New Country Manager, Deputy for UK and Ireland

Clive Tobin, chief executive responsible for XL Capital Ltd’s insurance operations, reported further organizational changes within XL’s UK office. Donal Kelly, who has been with the XL group for six years, has been appointed country manager and deputy chief operating …

Thomco Announces Their New Program – Home Health and Hospice Choice

With Thomco’s experience in the healthcare industry such as Senior Living, Mental Health, Developmentally Disabled and Ambulance, it seemed like a natural progression to start a new program for Home Health and Hospice agencies. Thomco will target clients such as …

Insurers Urge Senate to Oppose Asbestos Trust Fund Bill

Property Casualty Insurers Association of America (PCI), an industry organization comprised of more than 1,000 insurance companies, says it opposes S. 852, the Fairness in Asbestos Injury Resolution (FAIR) Act, calling the legislation “well intentioned” but representing “a potential public …

Agent Group Garners N.Y. Award for ‘Lunch ‘n’ Learn’ Seminars

˜The Professional Insurance Agents of New York State, New Jersey, Connecticut and New Hampshire has received an Association Excellence Award in Education for its Lunch ‘n’ Learn multimedia Web teleconference education series from the Empire State Society of Association Executives …

Return-to-Work Pilot Program Created for Small Employers in Texas

To encourage small employers to find ways to return their employees to the job sooner after a workplace injury, Texas Commissioner of Workers’ Compensation Albert Betts has signed and submitted to the Texas Register a rule to create a Return-to-Work …

Outlook Good For U.S. Workers’ Comp; State Reforms, Strong Results Factors

The outlook for the U.S. workers’ compensation sector in 2006 is good, with the ratings impact for insurers expected to be neutral on the whole, according to a report released by Standard & Poor’s Ratings Services. Underwriting results in 2005 …

Broker Investigation Finds No Problems in Washington

An investigation of Washington insurance brokers and brokerages spawned by a national scandal in the insurance industry has not uncovered criminal or unethical behavior in the state, according to a report released by Insurance Commissioner Mike Kreidler. “I’m pleased to …

Off-the-Job Worker Injuries Outpacing Safety Gains, National Council Says

Contrary to popular belief, today’s workers are safer on the job than they are at home or in their communities. According to the National Safety Council, recent gains in lowering workplace death rates, which are down 17 percent since 1992, …

St. Paul Travelers Enhances Coverages for Community Banks and Credit Unions

St. Paul Travelers has expanded management liability coverages for its SelectOne for Community Banks and SelectOne for Credit Unions, a portfolio of property casualty, management liability and bond coverages specifically designed for community banks and credit unions. Now, the management …