Yearly Archives: <span>2006</span>

N.D. Supreme Court Hears Arguments in 2000 Flood Damage Dispute

The North Dakota state Supreme Court is considering whether the city of Fargo should pay North Dakota State University $3 million for damage to campus buildings and equipment caused by heavy rain in 2000. The city is appealing East Central …

Ark. Outlines New Rules for Licensing Producers, Consultants, Adjusters

The Arkansas Insurance Department released an outline of requirements for resident applicants for insurance producer, consultant and adjuster licenses that go into effect May 1. Act 1697 of 2005, Ark. Code Ann. 23-64-506 (c), requires the department to conduct a …

Texas Fraud Committee Warns of Accident ‘Runners’

You’re involved in a minor traffic accident where there was little damage to either vehicle, no one was hurt, but police were called and a traffic accident report was filled out. Much to your surprise, someone claiming to be from …

Texas Workers’ Comp Division to Hold Public Hearing May 10

The Texas Department of Insurance Division of Workers’ Compensation will hold a public hearing on Wed., May 10, 2006, in the Tippy Foster Room of the division’s central office located at 7551 Metro Center Drive, Suite 100 (near the intersection …

Connelly Joins La.’s Gilsbar Inc. as New Product Developer

Louisiana-based health plan manager and insurance services provider Gilsbar Inc. announced the addition of Brian Connelly, Product Development and Market Research. In this newly created position, Connelly will oversee the research, design and strategic launch of new products for Gilsbar’s …

Mich. Legislature Considers Asbestos Litigation Reform, Insurer Group Says

The Property Casualty Insurers Association of America says that the Michigan Legislature is considering litigation reform regarding asbestos claims. According to Chicago-based PCI, Michigan has looked at the efforts of other states such as Georgia, Florida and Texas that have …

Builders Risk Product Launched

Atlanta-based Builders Insurance Group has introduced builders risk insurance offering the Georgia home-building community complete coverage from loss, damage or theft of property while under construction. The product offers enhanced convenience and flexibility through a web-based platform, enabling insurance agents …

Durant Rejoins Aflac as SVP

Aflac Inc. announced in Columbus, Ga. that Martin A. Durant III will rejoin Aflac as senior vice president, corporate finance, on July 1. In his new position, Durant will be heavily involved with Aflac’s capital management activities and strategic financial …

Cover Tennessee Insurance Plan Advances in House

Gov. Phil Bredesen’s plan to offer health care coverage to uninsured Tennessee workers has been advanced by the House Commerce Committee. Committee members raised similar concerns as those brought up earlier this week in a Senate committee about the program’s …

Final Vote Expected Today on No-Fault in Fla. House

A third and final vote is expected today on Florida House No-Fault HB 7263. According to PCI spokesman Jeffery Brewer, this will be a crucial vote on key amendments being proposed. With days remaining in the session, there will be …