Yearly Archives: <span>2006</span>

Speed to Market Legislation Headed to Ohio Governor’s Desk

Ohio Department of Insurance Director Ann Womer Benjamin announced that legislation that will more quickly provide consumers with access to new life insurance, long-term care insurance, disability income insurance, and annuity products has passed the Ohio legislature and will soon …

Insurance Department Deputy Director Honored by Ohio University

Ohio Department of Insurance Deputy Director Holly Saelens recently was recognized at the Ohio University (OU) State Government Alumni Luncheon at The Athletic Club of Columbus for her outstanding achievements in public service. Saelens received the State Government Alumni Award …

Gainsco Reports Lower Net Income for Q1 2006

Dallas-based Gainsco Inc., a provider of nonstandard personal automobile insurance products, reported net income for the first quarter 2006 of $0.7 million. For the first quarter 2005, net income was $1.1 million. Net loss available to common shareholders for the …

La. Senate Approves Bill Extending Hurricane Claims Deadline

The Louisiana Senate approved a bill that would extend the deadline for victims of Hurricanes Katrina and Rita to file claims with their insurance companies. Sen. Julie Quinn’s bill would give policyholders through Sept. 1, 2007, to file claims from …

Texas Surplus Lines Group Heads to Calif. for Mid-Year Meeting in July

The Texas Surplus Lines Association (TSLA) will be hosting its 2006 Mid-Year Meeting July 23-26 at the Four Seasons Aviara in Carlsbad, Calif. TSLA celebrates its 50th anniversary this year. Speakers scheduled for this meeting are: “State of the Industry” …

White Paper Cautions Reliance on Near-term View of Hurricane Risk

AIR Worldwide Analysis Concludes That Significant Uncertainty AIR Worldwide Corporation (AIR) issued a white paper that reviews the current state of research on climatological impacts on hurricane activity and explains the approach used to create AIR’s near-term sensitivity catalog, which …

St. Martinville, La., Producer Loses License After Felony Conviction

A St. Martinville, La. insurance producer was issued a cease and desist order and summary suspension of her insurance licenses subsequent to her conviction for a felony involving dishonesty or breach of trust in violation of Louisiana insurance laws. Pamela …

The Hartford Named One of the ‘Best Places to Work’ in Okla.

The Hartford Financial Services Group Inc. announced that its Oklahoma City Personal Lines Insurance Center (PLIC) was named the fifth best company to work for in the state of Oklahoma by the Best Companies Group from a list of top …

Texas Workers’ Comp Rulebook Supplement 2006-02 Available Online

Rulebook Supplement 2006-02 containing rules adopted by the Commissioner of Workers’ Compensation is available online from the Texas Department of Insurance (TDI) Division of Workers’ Compensation. The supplement can be printed from the TDI Web site at www.tdi.state.tx.us/wc/rules/tableofcontents/supplements.html. To purchase …

Maine Adopts ATV Regulations

All-terrain vehicle operators who trespass or drive recklessly face tougher penalties under a new law that fine-tunes major ATV regulations enacted two years ago. “The number of ATV users continues to grow, and we’re still learning how to best regulate …