Yearly Archives: <span>2006</span>

WellPoint’s David C.Colby Named Top CFO for Third Consecutive Year

For the third consecutive year, David C. Colby, WellPoint, Inc.’s executive vice president and chief financial officer, has been named the best chief financial officer in America for the managed care sector by Institutional Investor magazine. This is Institutional Investor …

R.I. Fire Marshal Says Most Nightclubs Meet Code; Reporting Changes Sought

Rhode Island Governor Donald L. Carcieri today publicly released an updated report on the status of compliance with the new fire codes indicating that a majority (99) of nightclubs throughout the state are currently in compliance with the sprinkler and …

Keys Left in Car? Arizona Bill Would Allow Insurance Hit

The Arizona Senate wants to provide a financial incentive for motorists to think twice before leaving keys in an unattended vehicle. The Senate has approved, 16-13, a bill (SB1059) sponsored by Republican Sen. Linda Gray of Glendale to allow automobile …

Adams Appointed to Fill Arizona House Vacancy

Arizona’s Maricopa County Board of Supervisors has appointed Kirk Adams, already a candidate for a state House seat, to fill a vacancy created by the resignation of Rep. Chuck Gray, a fellow Mesa Republican. Adams, an insurancy agency owner, was …

Officials Hope ’06 Quake Centennial Prompts More to Get Insurance

When San Francisco resident Charlie Bott got an offer in the mail recently for earthquake insurance, he stared long and hard at the bottom line. Then he threw it away. “It was way beyond anything you pay for house insurance. …

Cat Commercial Product Launched in Southeast States

In response to unmet capacity needs created by the devastating natural disasters of 2005, International Catastrophe Insurance Managers, LLC (ICAT), and National Fire and Marine Insurance Company (Berkshire Hathaway Group) have launched a new catastrophic coverage product for commercial special …

S.C. Coastal Homeowners Offered Catastrophe Coverage Product

A homeowners catastrophe product for residential dwellings in South Carolina’s coastal counties has been introduced by International Catastrophe Insurance Managers, LLC and Praetorian Financial Group, Inc. (Praetorian). The new ICAT product, written on a surplus lines basis, provides catastrophe coverage …

Suit Over Flooding Cause Moved to New Orleans

A suit seeking to have a judge decide whether hurricane damage in the New Orleans area was a problem caused by man or an “act of God” has been moved to New Orleans federal court. U.S. District Judge Frank Polozola …

Lawyer of Businessman Accuses Okla. AG of Playing Politics With Probe

Oklahoma Attorney General Drew Edmondson disagrees that politics has been behind an investigation of a Texas businessman suspected of bribing former Insurance Commissioner Carroll Fisher. “The investigation is a year and a half old and there’s no credible evidence against …

Texas to Host Presentations on Treatment and RTW Guidelines

The Texas Department of Insurance Division of Workers’ Compensation will hear presentations from treatment and return-to-work guideline vendors on March 23, 2006, from 1:30 p.m. to 4:30 p.m. The presentations will be held in the Tippy Foster Room of the …