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

Ind. Democrats Vote to Nix Free Health Benefit for Retirees

Indiana Democrats returning to the state Senate next year have agreed not to accept state health care retirement benefits, their leaders said Wednesday. Senate Minority Leader Richard Young, D-Milltown, made the request in a letter dated May 25 to the …

No 397.8 Percent Wind-Pool Increase in Miss.; But No Final Decision

Mississippi Insurance Commissioner George Dale says there is no way he will approve a 397.8 percent increase in wind pool insurance for coastal residents. “We will do everything we can to find avenues to offset that because the coast has …

Gov. Rell Orders Conn. Agencies to Organize Hurricane Training

Rell directs agencies to prepare for possible hurricane Received by Newsfinder from AP Connecticut Gov. M. Jodi Rell has directed state agencies to organize training sessions and exercises to prepare for the possibility of a hurricane. The hurricane season in …

Fries to be Honored by N.Y. Agents

The Professional Insurance Agents of New York Inc. announced that Stuart Fries, vice president of Garber Atlas Fries & Associates Inc. in Oceanside, N.Y., will receive the Professional Agent of the Year award at the association’s annual conference. He will …

Andrade to Lead The Hartford’s P&C Claims

The Hartford Financial Services Group, Inc. has selected Juan C. Andrade to be executive vice president and head of the Property and Casualty Operations’ claims organization. Andrade, who is currently the deputy head of claims, assumes overall responsibility for the …

Willis Re to Collaborate with Accurate Environmental Forecasting

Global insurance broker Willis Group Holdings announced that it has concluded “an exclusive reinsurance intermediary relationship with Accurate Environmental Forecasting, a provider of numerical weather prediction based hurricane hazard products. “The new information will offer Willis Re primary insurance clients …

Hanover Insurance Group Rates Positive Outlook, Say S&P

Standard & Poor’s Ratings Services has revised its outlook on Hanover Insurance Group Inc. and its operating company subsidiaries to positive from stable. At the same time, Standard & Poor’s affirmed its ‘BB+’ counterparty credit and senior unsecured debt ratings, …

High Court Agrees to Hear Appeal in $80M Tobacco Case Settlement

The Supreme Court said Tuesday it will decide if tobacco giant Philip Morris must pay nearly $80 million in damages to the family of a longtime smoker, a case that could shield companies from large jury awards if the company …

Supreme Court Trims Government Whistle-blower Rights

The U.S. Supreme Court has scaled back protections for government workers who blow the whistle on official misconduct with a 5-4 decision in which new Justice Samuel Alito cast the deciding vote. In a victory for the Bush administration, justices …

Cities Viewed as Targets to Receive Counterterrorism Grants

Cities fiercely competing for multimillion-dollar grants for counterterrorism programs must accept an unsettling premise along with the money: They are likely targets for terrorists. The government wants cities to keep that in mind when they find out how much money …