Yearly Archives: <span>2006</span>

Eastern Agribusiness Conference Slated for Hartford, Conn. in May

A two-day conference focusing on farm and agribusiness insurance risks will be held May 22-23, 2006 in Hartford, Conn. The Eastern Agribusiness Conference allows participants to receive continuing education credits from most states while earning the Agribusiness and Farm Insurance …

Supreme Court Justices to Monitor Class Action Over Driver Privacy

Supreme Court Justices Antonin Scalia and Samuel Alito said last week they were concerned that an insurance company could be forced to pay billions of dollars for buying Florida residents’ vehicle records. Justices refused to step in and stop a …

Conn. Driving Instructor, 93, Teaches Safety to Students in Their 60s

As a driving instructor, Morton Morrison of Danbury, Conn. finds that he can still teach the “kids” something new about driving safely. Morrison is 93 and the kids are people in their 60s who have been getting some driving tips …

Vermont Senate, Governor At Odds Over Latest Health Care Reforms

New tensions are emerging between Vermont Senate leaders and the governor as the latest version of a health care reform initiative takes shape, renewing questions about whether a bill can be enacted this year. Senators say they’re trying to bridge …

Merck Trial Closing Arguments Today

In a courtroom in Atlantic City, N.J., Merck & Co. rested its defense last week in a closely watched trial aimed at determining whether the company’s now-withdrawn arthritis drug Vioxx caused the heart attacks of two New Jersey men. Closing …

Condo Owners Face Possible Citizens Rate Hike

Citizens Property Insurance Corp. plans to seek a rate increase for commercial residential associations, primarily condos, to keep up with increasing premiums in the private market. Citizens writes hurricane coverage for Florida customers who otherwise wouldn’t be able to buy …

Donnet Named Chairman of the Board of Directors of AXA Japan Holding

A bulletin from AXA’s Paris headquarters notes that the Boards of AXA Japan Holding and AXA Life Japan “met on March 14, 2006 to take important organizational decisions following AXA decision to have Philippe Donnet play a larger role within …

Lloyd’s to Establish Onshore Reinsurance Office in Shanghai

Lloyd’s announced that it is to set up its new Chinese onshore reinsurance operation in Shanghai. The City was chosen “because of its status as a growing commercial and financial center in China,” said the bulletin. Lloyd’s will continue to …

ESG Posts $6.9 Million 2005 Loss

Bermuda-based ESG Re Limited reported a net loss of $6.9 million for 2005, compared to a net loss of $12.4 million for 2004 in its recently released financial results. The reported noted that that the “main factors contributing to the …

Fairfax Files Annual Report; Reschedules Annual Meeting

Fairfax Financial Holdings Limited announced that it has filed its annual report with Canadian securities regulators and a copy is available on its website at www.fairfax.ca. Fairfax also said it has rescheduled its annual meeting to 9:30 a.m. on May …