Yearly Archives: <span>2006</span>

Business Leaders Tour Gulf Coast Amid Insurance Concerns

Securing insurance on the storm-battered Gulf Coast is a “tough issue” but should not discourage companies from investing in the region, White House hurricane recovery czar Donald Powell assured a gathering of business leaders meeting in Biloxi, Miss. Friday. Powell …

Insurer Refuses to Pay $1.6M Tiger Woods Yacht Lawsuit

An insurance company is refusing to pay $1.6 million to settle a lawsuit filed in Fort Lauderdale, Fla. between a shipbuilder and Tiger Woods over use of the golfer’s name and a photograph of his luxury yacht “Privacy” to promote …

Fla. Legislature Passes Hurricane Insurance Bill in Final Hours of Session

The Florida Legislature passed and sent to Gov. Jeb Bush a plan Friday they hope will be a long-term fix for the state’s ailing property insurance market but one that its architects admit won’t provide much short-term relief for residents …

Nationwide Denies Allegations of Less Support for Minority and Female Agents

Columbus, Ohio-based Nationwide Insurance says it is continuing to meet with current and former agents who allege the company does not provide the same level of marketing support for minority and female agents as it does for other agents. The …

Conseco Chief Resigns Same Day Insurer Posts Lower Profits

Indianpolis-based Conseco Inc. reported a 24 percent drop in quarterly income Thursday, hours after the life and health insurer said its chief executive was resigning. It was reported last week that Conseco President and CEO William S. Kirsch will leave …

Former Ill. State Senator, Insurance Committee Chair Bob Madigan Dies

Former state Sen. Bob Madigan, who represented central Illinois in the General Assembly for more than a decade, died Thursday. He was 63. Madigan, a Republican from Lincoln, served in the Illinois Senate from 1987 to 2001. During his terms, …

Judge Finds R.I. Attorney General in Contempt in Lead Paint Case

A judge held the Rhode Island attorney general in civil contempt and fined him $5,000 for publicly accusing former lead paint makers of twisting the facts during Rhode Island’s landmark lawsuit against the companies, according to newly unsealed court documents. …

Pa. Meat Company Settles Listeria Suits

Pilgrim’s Pride Corp. has settled four wrongful-death or injury lawsuits involving the deadly 2002 listeria outbreak that was linked to one of its plants, the meat company announced. The second food company tied to the outbreak, J.L. Foods, is set …

N.H. Court Backs Gay Benefits for State Employees

Vivian Knezevich wants to be home with three-year-old Christopher full-time but she’s had to take a job for the health insurance. If her partner were a man, they could get married and she’d be covered under her husband’s policy. But …

Vt. Gov. Douglas Rejects Democrats’ Health Reform Plan

Gov. Jim Douglas declared Friday that the health reform compromise signed by legislative Democrats on Friday was unacceptable and would not become law. “I will not,” Douglas said when asked directly whether he would sign the bill, signed just a …