Newsbriefs

CORRECTIONS

An article in the Aug. 14 issue of IJTexas should have indicated that TurboRaters’ web-based system was initially offered in...

HOCUS POCUS

Magician David Copperfield filed a lawsuit against Fireman’s Fund Insurance on August 25 alleging that the insurer improperly denied a...

GUSTAFSON TO LEAVE ST. PAUL

The St. Paul Companies president and chief operating officer James E. Gustafson will be leaving the company. The decision was...

U.K. AUTO RATES ON THE RISE

Drivers in the U.K. face automobile insurance premium increases of 25 percent or more within the next 12 months, warned...

PURCHASING INSURANCE ONLINE

IDC released its market forecast for online sales of personal property and casualty insurance, predicting the Internet will influence 37...

BERKSHIRE HATHAWAY’S PROFITS FALL

Warren Buffett’s magic touch has gone on vacation for a spell. Berkshire Hathaway’s second quarter operating profit fell 18 percent....

IT’S UNANIMOUS

On Aug. 24, the full Assembly approved retired Court of Appeal Justice Harry Low’s appointment by Governor Gray Davis to...

COTTON PICKIN’ SCAM

Insurance fraud is suspected in a case in Georgia in which someone buried a cotton picker—a machine the size of...

ST. PAUL SEARCHES FOR NEW CHIEF

On Aug. 25, The St. Paul Companies began the search for its next chief executive following a mutual decision that...

L/H PROFITS DROP $203 MILLION

The nation’s life and health insurers experienced a $203 million, or 1.6 percent, decline in operating profits during the first...

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