Yearly Archives: <span>2006</span>

NOAA Aircrew Begins Hurricane Awareness Mission in Texas

With the impact of a record-breaking 2005 Atlantic hurricane season still etched on the coastline from Texas to Florida, and recovery on the minds of its residents, forecasters from the NOAA National Hurricane Center will join the aircrew from the …

St. Paul’s Securian Group Acquires CNL Financial, Effective Today

The Securian Financial Group of St. Paul, Minn. announced that its purchase of CNL Financial Corp. is complete, effective today, May 1. CNL is a Macon, Ga., based company that provides loan protection products to consumers through financial institutions. “Securian …

Texas DOI Lists March Enforcement Actions

The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during March. The actions include five license revocations, three license denials and fines and restitution totaling $67,250. Copies of Geeslin’s orders may be obtained …

Okla. House Once Again Passes Civil Justice Legislation

For the second time this year, the Oklahoma House passed legislation recently that would change Oklahoma’s civil justice system to help stop frivolous lawsuits and lower medical malpractice insurance rates. House members voted 54-30 for the bill, which is similar …

Ill. Mutual Hosts Disability Insurance Awareness Month in May

Peoria, Ill.-based Illinois Mutual, a provider of disability insurance, will hold its second annual Disability Insurance Awareness Month (DIAM) during May. DIAM is an event created by Illinois Mutual to help consumers and agents understand the importance of disability insurance. …

Progressive Drives Commercial Auto Into North Carolina

The Progressive Group of Insurance Co.’s, the third largest auto insurance group in the country, is offering commercial auto insurance through Drive Insurance from Progressive local independent agents in North Carolina. Previously, Progressive’s commercial coverages were available in North Carolina …

Ohio’s Scandel-Ridden Workers’ Comp Board to Invest Only in Bonds

The board that oversees Ohio’s scandal-scarred insurance program for on-the-job injuries is playing it safe for now and will invest only in bonds for at least a month, a spokeswoman said recently. The Workers’ Compensation Oversight Commission voted Thursday to …

Wis. Residents Collect $2 Million from State Farm in Auto Title Settlement

Wisconsin residents have collected more than $2 million in reimbursements in a multistate settlement with State Farm Insurance Co. over vehicle titles, Attorney General Peg Lautenschlager announced late on Friday, April 28th. State Farm reached a $40 million settlement with …

Conn. Gov. Rell’s Push for Job Creation Includes Insurance ‘Cluster’

In a new effort to make Connecticut business more competitive and enhance the next generation of manufacturing and technology, Governor M. Jodi Rell announced that the state will invest nearly $900,000 to promote key industry “clusters” overseen by the Department …

The Harford Saw Record First Quarter Net Income; Added 250 Agents

The Hartford Financial Services Group, Inc., out of Hartford, Conn., reported first quarter 2006 net income of $728 million, or $2.34 per diluted share. The Hartford’s core earnings in the first quarter of 2006 were $797 million, or $2.56 per …