March 6, 2006
For years, legislation has been introduced in the General Assembly that would ban open containers of beer and liquor from cars. And for years it has been defeated. Proponents are trying again. “I’m the eternal optimist,” said Sen. Edith Prague, …
March 6, 2006
US Airways cannot collect insurance for post-9/11 business losses because it already received money for that purpose from the federal government, the Virginia Supreme Court ruled March 3. The Tempe, Ariz.-based air carrier received $310 million under a law passed …
March 6, 2006
Beacon Mutual Insurance Co., the state’s largest workers’ compensation insurer, refused to let state auditors copy its computer records Friday, a decision which could spark a court showdown. The state has been investigating allegations that Beacon gave price breaks to …
March 6, 2006
Houston, Texas-based Dean & Draper Insurance Agency LP announced that Deborah Foster Ware, the founder and owner of Deborah S. Foster & Associates, has joined the team at Dean & Draper. Foster brings with her over 38 years experience in …
March 6, 2006
Genworth Financial Inc. announced it is launching a comprehensive campaign for the Hispanic communities in Corpus Christi and Rio Grande Valley designed to increase awareness about the importance of having a financial ‘”safety net” – life insurance – as part …
March 6, 2006
GEICO (Government Employees Insurance Company) announced plans to add more than 100 new associates to serve its growing number of policyholders in Texas. Currently employing more than 1,000 associates, GEICO’s Dallas management team will be hiring associates for positions in …
March 6, 2006
A bill to expand a program that provides subsidies to cover much of the health insurance costs of employees of small businesses won approval Mar. 2 in the Oklahoma Senate. In other action, senators passed a bill to cut estate …
March 6, 2006
THIS ARTICLE HAS BEEN CORRECTED. PLEASE GO TO THE IJ WEBSITE – MARCH 7, 2006. The United Nations Environment Program (UNEP) has formally launched a compliance system for the Kyoto Protocol, the international treaty to reduce greenhouse gas emissions. The …
March 6, 2006
The U.K.’s Financial Services Authority (FSA), which regulates all of the country’s financial service providers, including the insurance industry, announced that it has ordered the closure of nine firms, including six in the insurance industry. The FSA said it barred …
March 6, 2006
France’s SCOR Group noted a 25 percent rise in worldwide premium income follwing the January renewal season. Non- life and credit & surety treaties totaled €1.041 billion ($1.256 billion). The reinsurer said it “is benefiting from recent developments in the …