Yearly Archives: <span>2006</span>

Governor Claims Workers’ Comp Changes ‘Huge Success’

Gov. Arnold Schwarzenegger declared the sweeping workers’ compensation changes he pushed through the Legislature two years ago a “huge success,” but critics called them a disaster for injured workers. “Governor Schwarzenegger broke his promise to protect injured workers,” said Mark …

Ind. Pastor Mom Charged with Stealing Soldier’s Life Insurance Money

A pastor whose soldier son died in Iraq was charged with spending $250,000 in insurance money meant for the soldier’s young daughter. Prosecutors said Janie Lee Espinoza spent all the cash on cars, jewelry, a Florida time-share, church pews and …

Daniel G. Walseth Joins Conseco as Executive Vice President

Conseco, Inc., based in Carmel, Ind., announced that Daniel G. Walseth has been named executive vice president, general counsel and secretary of the company. “I am excited that Dan is joining our leadership team,” said Conseco’s president and CEO William …

Brown & Brown Acquires NuQuest Resources, Bridge Pointe

The asset acquisition of NuQuest Resources Inc. and Bridge Pointe Inc. of Longwood, Fla. has been announced by J. Powell Brown, regional executive vice president of Brown & Brown Inc. with offices in Daytona Beach and Tampa, Fla. The announcement …

Willis Group Appoints Paul Gibbs to Lead Western Region

Willis Group Holdings has appointed Paul Gibbs as national partner to lead the Western Region of the United States encompassing Alaska, Arizona, California, Hawaii, Nevada, Oregon and Washington. He was previously regional partner for Willis’ Southern California operations. Gibbs is …

New Dwelling Coverage from NAS’s E&S Property Facility

NAS Insurance Services Inc. has a new excess coverage program as part of its E&S property facility. The program features a maximum limit of $5 million, a minimum premium of $2,500 and a minimum deductible of $2,500. Perils include basic, …

Former Cop Sentenced to Prison for Insurance Scam

A former Marksville, La. police officer was sentenced to 15 months in prison for helping a woman he was dating file a fraudulent insurance claim. Herbert Guillot Jr., 37, was convicted on federal charges of conspiracy, money laundering and concealing …

Kan. Governer Signs Law Giving Immunity to Insurers Reporting Suspected Fraud

The Coalition Against Insurance Fraud reported that Kansas Governor Kathleen Sebelius signed a law requiring insurers to report suspected schemes to the state fraud bureau. SB 207 also gives insurers immunity from reporting of suspected schemes, and requires insurers to …

St. Paul Travelers Launches Canadian Directors and Officers Policy

Directors and officers of companies in Canada will have broader protection for claims made against their personal assets under a new Directors’ and Officers’ policy introduced by Minn.-based St. Paul Travelers. A written statement issued by the company said that …

Son’s Drowning Spurs Mich. Woman to Convince Legislators to Take Action

A Grand Haven, Mich. woman has motivated the Michigan legislature to consider legislation regarding the theft of life saving equipment on beaches in the state. When a rip current grabbed hold of Vicki Cech’s son, Andy Fox, as he swam …