Monthly Archives: <span>February 2006</span>

GEICO Adding to Tucson Presence

Currently employing more than 500 associates, GEICO’s Tucson, Arizona managers will be hiring an additional 100 people for positions in sales, service, and claims. GEICO will be recruiting entry-level associates, college graduates and experienced professionals to fill those spots. GEICO …

Aon Outsourcing Non-Retail Claims; Sells Off Large Claim Division to Capita

As part of Aon Limited’s strategy to realign its London-based business more closely around client needs and core areas of expertise, Aon has announced that it will be outsourcing its client operations division. In addition, the company has also announced …

Del. Regulator Plans Online Shopping Service, More Consumer Help

Delaware Insurance Commissioner Matt Denn asked for additional staff to investigate complaints against insurance companies and agents as well as fund an Internet insurance rate comparison service that would be the only one of its kind in the country. Denn’s …

More Than $1.2M to PR Department of Housing for Lares Damages

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) reported the approval of $1,214,441 million to the Commonwealth of Puerto Rico for acquisition of properties. The funds are being designated to the PR Department of Housing under FEMA’s …

Navigators Group Sees Record Q4

The Navigators Group Inc. reported net income of $15,310,000 or $0.96 per share for the 2005 fourth quarter based on 16,012,000 diluted shares compared to net income of $10,635,000 or $0.84 per share for the 2004 fourth quarter based on …

OSHA Fines Ohio Manufacturer Towards Workplace Violations

The U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) reported citations against Miller-Holzwarth Inc., Salem, Ohio, with proposed penalties totaling $113,500, following a workplace safety and health inspection that began in August 2005. OSHA officials opened an inspection after …

Disaster Assistance Center Now Open in Sacramento

An assistance center opens Wednesday in Sacramento to help Sacramento County residents who suffered damage in the December-January flooding, state and federal disaster recovery officials announced. Affected homeowners, renters and business owners should register for federal and state assistance first …

S&P Affirms Alea Group ‘BBB’ Ratings; Withdrawn at Company Request

Standard & Poor’s Ratings Services announced that it has affirmed its ‘BBB’ long-term counterparty credit and insurer financial strength ratings on all Alea group operating entities: Alea Europe AG, Alea (Bermuda) Ltd., Alea Global Risk Ltd., Alea Jersey Ltd., Alea …

Pair Arrested in Wash. Arson Case

Special agents from the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) and Edmonds, Washington police officers have arrested two men for the Dec. 17, 2004, arson of the Gregory Building in Edmonds, and more arrests are anticipated, according to …

Munich Re January Reinsurance Treaty Renewals Show Rate Increases

Munich Re followed Swiss Re’s announcement yesterday (See IJ Web site Feb. 14) with its own upbeat report on the January reinsurance treaty renewal season. The world’s largest reinsurer said that as of Jan. 1 it had “renewed about 66 …