Yearly Archives: <span>2006</span>

Smith Joins Professional Underwriters

Cort Smith has joined Professional Underwriters, Exton, Pa., as the new regional marketing representative for the Mountain and Western state regions. He will be located out of the Salt Lake City office branch, and will open the doors to new …

Golden Gate Risk Managers Host Risk Retention Seminar

The Golden Gate Chapter of RIMS is hosting a session on the financial impact of various risk retention options on Thursday, May 18. “The Dark Underbelly of Risk Retention Options: Collateral,” will focus on: *Risk retention options; *Forms of collateral; …

Bulk of Texas Tax Reform Package Passes Senate

The Texas Senate has given final approval to House Bills 2, 3, and 4, which propose to change the way the state pays for its public school system. These bills would broaden the business tax, taxing gross receipts of most …

New Orleans Unveils 2006 Emergency Preparedness Plan

In preparation for the 2006 Atlantic Storm Season, New Orleans, La., Mayor C. Ray Nagin’s Office of Emergency Preparedness has developed a strategic plan for the management and evacuation of the city’s citizens, the mayor’s office announced. The plan includes …

Ark. Seeks to Intervene in Okla. Poultry Lawsuit

Ark. Attorney General Mike has asked an Oklahoma court to allow his office to represent the people and sovereign interests of the State of Arkansas in the lawsuit filed by Oklahoma against Arkansas poultry companies. If allowed to intervene, Beebe …

La.’s First Premium Welcomes Terese

First Premium Insurance Group Inc., a Covington, La.-based regional property and casualty insurance broker, announced that Debbie Terese has joined the firm as commercial underwriter. Terese also will be assisting with the marketing of programs. She comes to First Premium …

113 Die in Black Sea Plane Crash

An Airbus A320 plunged into the Black Sea at around 2:15 a.m. local time, while attempting to land at the Russian City of Sochi, killing all 113 persons on board. Preliminary reports from investigating authorities blamed the crash on bad …

Agency: Katrina, Rita Destroyed 113 Petroleum Platforms

Hurricanes Katrina and Rita destroyed 113 petroleum production platforms in the Gulf of Mexico, a federal agency overseeing offshore drilling said. The storms also damaged 457 pipelines connecting production facilities in the Gulf and bringing oil and natural gas to …

Judges Step Aside From Jefferson Parish, La., Flood Suits

All 16 state district judges in Jefferson Parish, La., have disqualified themselves from hearing class-action lawsuits filed by property owners who blame parish government for post-Hurricane Katrina flooding that damaged their homes and businesses. Every judge either has ties to …

La. Senate: Rating Commission Should Approve Rate Changes

All insurance rate hikes in Louisiana should get approval first from the state’s Insurance Rating Commission before being enacted, the Senate has decided. Senate Bill 693, backed 21-15, would reverse a law pushed by the insurance industry and passed three …