In what supporters hope amounts to a preemptive strike on insurance schemes, Vermont’s legislature on its last day of the 2006 legislative session passed a bill making insurance fraud a specific crime. Gov. Jim Douglas was expected to sign HB …
Acting United States Fire Administrator Charlie Dickinson and National Fire Protection Association President and Chief Executive Officer James Shannon have completed a report on behavioral mitigation to redice the number of fires caused by smoking. “Smoking continues to be the …
American International Group, Inc. (AIG) has reported that its net income for the first quarter 2006 was $3.20 billion or $1.22 per diluted share, compared to $3.80 billion or $1.45 per diluted share in the first quarter 2005. At March …
ACE European Group announced the launch of businessclass premier, described as “a new package of bespoke accident, health and travel insurance, services and risk consultancy, specifically for large corporate organizations.” The coverage “brings together a range of personal injury and …
Boston-based insurance broker William Gallagher Associates (WGA) announced the promotions of Mary McMahon-Burke, Brian Kelleher and Diane Bradley to vice president. McMahon-Burke has 25 years experience in the insurance industry, and provides services to WGA clients in the high technology, …
The District of Columbia Department of Insurance, Securities and Banking (DISB) has a new commissioner. Thomas E. Hampton, who had been the acting commissioner since September 2005, has been confirmed by the Council of the District of Columbia as the …
As many as 25,000 people in Vermont who have no health insurance will be able to get it under a compromise health care reform package reached among Gov. Jim Douglas and legislative leaders. The bill envisions extending insurance coverage to …
Senate Democrats pledged this week to fight provisions in Republican-backed legislation that they said would reduce health insurance coverage for millions. The bill would let small businesses join across state lines to buy insurance, which would give them enough clout …
The Hartford Financial Services Group, Inc. has settled with both the Connecticut and New York attorneys general regarding The Hartford’s use of expense reimbursement agreements in its terminal/maturity funding group annuity line of business. Under the terms of the settlement, …
France’s AXA Group’s earnings figures for the first quarter of 2006 show strong growth in its three main sectors of operation – summarized as follows: — Life & Savings entities new business up 17 percent to €1.573 billion ($2 billion), …
