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

Selective Insurance Names Officers Including Hewitt as Senior VP

Selective Insurance Company of America, a subsidiary of Selective Insurance Group, Inc. has several officer appointments including naming Scott Hewitt to senior vice president, commercial lines strategic business units. Hewitt joined Selective in March 2001 as vice president and region …

Pennsylvania Declares Flooding Emergency

Flash floods triggered by heavy rainfall prompted the declaration of a state of emergency in parts of Armstrong County in Pennsylvania over the weekend, but no injuries have been reported, a public safety official said. The basements of 100 to …

R&M Report on Policy Administration

Dublin-based Research and Markets has added a study on Policy Administration Spending in Global Non-Life Insurance (Databook) to their offering. “This databook provides top level data charts & tables to highlight policy administration opportunities and trends across the global Non-Life …

National Group Commends Mich. Governor on Helmet Bill Veto

The American Insurance Association (AIA) commended Michigan Gov. Jennifer Granholm for vetoing legislation that would have repealed the state’s 37-year old, life-saving all-rider motorcycle helmet law. Granholm vetoed the bill on Friday, June 23rd approximately two weeks after the Michigan …

Ind. Woman Accused of Stealing Soldier Son’s Insurance Charged Again

Valpariso, Ind. woman accused of stealing $250,000 of her son’s military life insurance meant for her granddaughter faces a new charge. Janie Lee Espinoza, a 56-year-old pastor from Portage, has been charged with an additional count of welfare fraud, Porter …

N.H. Council Approves Flood Property Buyout

The New Hampshire Executive Council has approved $1.2 million to buy severely flood damaged property in Alstead. The payment through the Department of Transportation is the first portion of a $2.8 million bailout package the Legislature approved for towns damaged …

FBI Data Shows N.Y. City Continues on Safety Spree

New York City continues to reduce overall crime to levels not seen in decades and remains the safest big city in America, according to officials. Mayor Michael R. Bloomberg and Police Commissioner Raymond W. Kelly, citing the FBI’s Preliminary Crime …

World Trade Center Developer, Port Authority Sue Insurers

The Port Authority of New York and New Jersey, together with World Trade Center developer Larry Silverstein, is suing seven insurers over delays in payments they say are needed to rebuild on the site of the Sept. 11, 2001 terrorist …

Jury Gets First Welding Fumes Case

A Cleveland jury began deliberating last Wednesday in the case of a former welder with a hand tremor, the first of thousands of similar cases nationally alleging welding fumes can cause Parkinson’s disease. The case has drawn wide attention because …

Insurer Group Sets Policy on Natural Disaster Issues

The National Association of Mutual Insurance Companies (NAMIC) has adopted a statement on natural disasters that asserts a flexible regulatory environment in which insurers are free to price coverage based on risk will create incentives for property owners in high-risk …