Yearly Archives: <span>2006</span>

Texas Mutual Appoints Wagner VP of Underwriting

Texas Mutual Insurance Company appointed Larry Wagner as its new vice president of underwriting. Wagner will serve as the company’s chief underwriting officer and oversee its loss prevention efforts. Wagner has 30 years of underwriting experience with a focus on …

RLI Corp. of Ill. Declares 12 Percent Dividend

Peoria, Ill.-based RLI Corp.’s board of directors has declared a 2nd quarter cash dividend of $0.19 per share, reflecting a two cent, or 12 percent increase over the prior quarter’s dividend. The dividend, which is payable on July 14, 2006, …

Conseco Reports 2006 1st Quarter Results

Carmel, Ind. based Conseco, Inc. today reported results for the first quarter of 2006: According to the written statement issued by the company, the net operating income was $55.8 million (including after-tax expenses of $9.6 million related to certain litigation …

North Pointe of Mich. Adds Coverage for Roller Skating Centers

Southfield, Mich.-based North Pointe Holdings Corp. today announced that it has received an endorsement from the Roller Skating Association International, a not-for profit organization representing approximately 1,000 skating centers. North Pointe plans to offer both property and general liability coverage …

Nationwide Survey Reveals ‘Top 10 Pet Peeves of the Road’

With more than 30 million Americans expected to hit the road this Memorial Day weekend Traverse City, Mich.-based the Hagerty Collector Network surveyed thousands of members nationwide to uncover America’s “Top 10 Driving Pet Peeves.” The results from Hagerty’s survey …

House of Lords Asbestos Decision Limits Damage Liability

The U.K.’s House of Lords handed down judgments on Wednesday, May 3, in three major cases involving employers and their insurers liability for damages to workers and their families resulting from asbestos related diseases. The decision in the case of …

Fla. SB 1596, HB 561 Tighten Grip on Insurance Fraud

Passage by Florida’s Legislature of Senate Bill 1596 and House Bill 561, sponsored by Sen J.D. Alexander and Rep. David Rivera, Florida’s Legislature has tightened the grip on insurance fraud artists who steal from Florida’s hard-working families by staging or …

W.Va. Officials, Cline, McGraw Oppose Federal Insurance Proposal

Two state officials in Charleston, W.Va. say state insurance requirements would be undermined by federal legislation that would give small businesses greater flexibility in offering health insurance to employees. The legislation would allow small companies to join together, based on …

Kentucky Obtains Approval on New Medicaid Plan

Kentucky’s plan to revamp its Medicaid program by offering participants different benefits to suit their health problems has been approved by the federal government, officials said in Frankfort, Ky. The new coverage will tailor benefits to the needs of different …

S&P Annual Insurance Conference Scheduled for NYC in June

Standard & Poor’s Ratings Services announced that “Rethinking Risk” will be the theme of its 22nd annual insurance conference scheduled for June 5-6 in New York City. S&P said: “CEOs from leading companies such AIG, Arch Capital, AXA, Genworth, Liberty …