Monthly Archives: <span>August 2011</span>

XL Names Beauregard to Lead E&S Property Unit

XL Insurance named Ronald E. Beauregard Jr. as senior vice president and chief underwriting officer for its excess and surplus (E&S) property business. Based in Boston, Beauregard reports to Roxanne Mitchell, president of XL Insurance’s E&S unit. Beauregard joins XL …

California Regulator Wins Case Involving Sale of Life Insurer

A California state appeals court has upheld a state regulators’ refusal to approve the sale of a California insurance company to a French-owned company. The decision upheld Insurance Commissioner Dave Jones’ actions on behalf of the policyholders of failed insurer …

Joplin’s July Building Permits Total $51.7M

Rebuilding from the devastating tornado in Joplin, Mo., apparently has begun in earnest. The city issued 1,570 permits for residential and commercial work in July, with a total value of $51.7 million. That comes after it issued $27.2 million in …

Louisiana’s Suit Against Katrina Whistleblowers Dismissed

A federal judge on Aug. 24 dismissed a lawsuit by the state of Louisiana accusing two self-described whistleblowers of illegally copying and circulating documents containing confidential information about homeowners applying to a Hurricane Katrina grant program. U.S. District Judge James …

Colorado Residents Assess Quake Damage

DENVER _ Southern Colorado residents assessed damage to homes and businesses Wednesday from a magnitude-5.3 quake, the state’s biggest since 1967, as officials warned that minor aftershocks were expected for weeks. In the former coal town of Valdez, Dean Moltrer, …

Wisconsin Study: Health Care Overhaul Will Insure Many More

The federal health care overhaul signed into law last year will drastically cut the number of uninsured Wisconsin residents by 2016 but will drive up premiums for some customers and could cause some companies to drop coverage for their employees, …

More Montana Counties Added to Federal Disaster List

BILLINGS, Mont. _ Homeowners and businesses in fifteen more Montana counties and the Fort Peck Reservation can apply for federal help to recover from severe storms and flooding that swept the state this spring. Wednesday’s announcement by the Department of …

Insurer Group Names Jackson as Southeast Lobbyist

The insurer group, American Insurance Association, has hired Ron Jackson to serve as its southeast region assistant vice president for state affairs. Jackson currently is the assistant commissioner for the Georgia Office of Insurance and Safety Fire Commissioner. He also …

Massachusetts Man Awarded Damages in Suit Over Art Heist

A U.S. jury has found in favor of the plaintiff in a Massachusetts lawsuit filed in connection with a 1978 art heist. The jury awarded plaintiff Michael Bakwin more than $3.1 million in damages on Tuesday. The artwork was stolen …

Kentucky Jury Sides with Doctor In Penis Amputation Malpractice Claim

A Kentucky truck driver who was wheeled into surgery for a simple circumcision but awoke without part of his penis has lost his multimillion-dollar lawsuit against the urologist who cut off a cancer-riddled section of the organ. A six-man, six-woman …