Insurance News from August 25, 2006
National News
6 in 10 Business Now Buying Terror Coverage, Marsh Reports
Nearly six in 10 large and mid-sized U.S. businesses obtained insurance to cover...
International & Reinsurance News
IAG Fiscal ’06 Profit Off 13% to $655 Million
Insurance Australia Group Limited has released its earnings figures for the fiscal year...
East News
Marsh Given OK to Accept Contingent Pay When Serving as MGA
In a departure from their $850 million agreement prohibiting all contingent payments,...
West News
Phoenix Man Sentenced for Defrauding Workman’s Comp Fund
A Phoenix man was sentenced Tuesday to three years of supervised probation after being...
Texas / South Central News
La. Judge Rules Claims Deadline Extension Laws Constitutional
A Louisiana state judge on Aug. 23 ruled as constitutional two new state laws giving...
Midwest News
Tornadoes Hit Northern Ind., Minn., Causing Damage and One Death
Severe thunderstorms and tornadoes swept off Lake Michigan Wednesday evening, downing...