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

Retired Meteorologist Testifies in Katrina Dispute

Some of Hurricane Katrina’s highest winds, not water, damaged the home of a couple suing their insurance company, an engineer testified Wednesday in what could be a landmark federal trial. Paul and Julie Leonard of Pascagoula want Columbus, Ohio-based Nationwide …

W.Va. Slates Workers’ Compliance Assistance Seminar

A free compliance assistance seminar focusing on laws that cover health benefits will take place July 19-20 at the Marriott Charleston Town Center in Charleston, W.Va. The seminar is sponsored by the Employee Benefits Security Administration of the U.S. Labor …

Merck Wins New Jersey Vioxx Case

Merck & Co., Inc. today said it was pleased that a New Jersey found in its favor, rejecting the claims of a patient who blamed her heart attack on nearly three years of Vioxx use. The jury found that Merck …

Park Group Announces Promotions in Bermuda, London

The Park Group recently announced internal appointments and changes to its management structure. According to the Group’s written statement, “these changes bring our best talent to the forefront of our operations and solidify our position as a leading independent wholesale …

Montgomery Insurance Issues Hurricane Guide, Teams on Stand By

Southeast residents should be prepared in case a hurricane threatens the U.S. and according to Michael Plavnicky, Montgomery Insurance president and CEO, his company is fully prepared. Montgomery has issued a six-page, full-color “Hurricane Disaster Planning Guide” and at the …

International Insurance Society Hosts 42nd Annual Seminar

The International Insurance Society will host its 42nd Annual Seminar in Chicago at the Westin Chicago–River North on July 15-19. The theme of this year’s program is “Insurance: Now and the Future-Profile for a New Age.” A non-profit organization of …

Breitstone & Co. Environmental Risk Team Join Aon

Aon has appointed Peter Breitstone as managing principal and chief executive officer of Aon’s Environmental Services Group. Also joining Aon are environmental industry veterans Ken Ayers, Greg Schilz, Rod Taylor, Howard Tollin and Keith Jurss. Collectively, the group brings more …

Swiss Re to Cut 2,000 Jobs in 2007 to Improve Efficiency

Swiss Reinsurance Co. said Tuesday it would cut up to 2,000 jobs by the end of 2007 in a bid to improve efficiency. Large offices in Zurich; London; Munich; Armonk, N.Y.; and Kansas City, Kan., will be primarily affected, the …

Western Agents Oppose California’s Mileage Verification Proposal

The Western Insurance Agents Association has issued a statement, opposing the California Department of Insurance’s revised proposed auto mileage verification regulation. The statement reads: “The proposed regulation is unnecessary, it restricts the means by which carriers ascertain the annual mileage …

Safeco Announces Changes in Top Personnel

Safeco President and Chief Executive Officer Paula Reynolds announced a series of executive changes designed to accelerate the company’s progress toward becoming a low-cost insurance provider with distinctive products and services. Reynolds has appointed three Safeco leaders to key executive …