Yearly Archives: <span>2006</span>

Washington Department of Labor and Industries Lowers Fine, Penalties Against Self-Insured Contractor

Upon further review of more detailed audit information, and as a result of Skanska’s improved handling of workers’ compensation claims, the Department of Labor and Industries (L&I), Tumwater, Wash., has, in a negotiated settlement, cut nearly in half the $136,264 …

ICW Group Hires Sinatra to Expand Company in Pleasanton, Calif.

ICW Group, San Diego, has hired Michael Sinatra to become the branch manager for its Pleasanton, Calif., workers’ compensation underwriting office. The expansion in Pleasanton will complement ICW Groups’ other Northern California offices located in Sacramento and Concord. Sinatra has …

Court Petitioned to Liquidate Poe Insurance Subsidiaries

The Leon County Circuit Court has been petitioned by Tom Gallagher, Florida’s CFO, to order the Poe Financial Group’s subsidiaries, Southern Family, Atlantic Preferred and Florida Preferred, into liquidation. According to a statement by the Department of Financial Services, all …

Dale Says He’ll Decide This Summer Whether to Run Again in ’07

Mississippi Insurance Commissioner George Dale, facing the dual pressure of consumer complaints and companies’ requests for rate increases since Hurricane Katrina, says he’ll decide by the middle of this summer whether to seek a ninth term in 2007. “Whoever’s insurance …

Tobacco-trial Lawyer ‘Poster Child’ for Katrina Insurance

A private jet is waiting for Richard Scruggs, but first the millionaire lawyer wants to squeeze in a quick lunch. Smiles and nods greet him as he walks into Lu-Cher Doe’s Diner, a soul food restaurant down the street from …

Neb. Man Arrested for Manslaughter in Hit-and-Run 2005 Crash

A Scottsbluff, Nebraska resident has been released on $2,500 cash bond in a hit-and-run vehicular homicide case. Scott Freouf is accused of running a stop sign on Oct. 29 and hitting a pickup in which Lester Bell was a passenger. …

Hawaii Working to Improve Business Climate for Insurers

Hawaii is working to improve business conditions for insurers, brokers and agents, according to Jeffrey P. Schmidt, the state’s insurance commissioner. Schmidt recently addressed a crowd at the opening breakfast at the 80th annual meeting of the American Association of …

Agents Learn U.S. Insurers Withstood Record Catastrophe Losses with Strong Capitalization, Sound Risk Management

Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, but the industry also should keep its eye on emerging risks, according to Frank J. Coyne, chairman, …

American Association of Managing General Agents Gains Exclusive License for London Market Insurance Test

The American Association of Managing General Agents announced that it has an exclusive license with the Chartered Insurance Institute to offer the Lloyd’s of London Market Insurance Test. Passing the test is required for all brokers doing business in London. …

Lockton Insurance Brokers’ CEO Noonan Honored for Community Service

Timothy J. Noonan, president and CEO of Lockton Insurance Brokers, Inc. based in Los Angeles, was recently honored by Phoenix House during its third annual “Triumph for Teens” Awards Gala at the Four Seasons Hotel in Beverly Hills. Nearly 300 …