September 14, 2006
Oklahoma Gov. Brad Henry has lifted a month-old statewide burn ban for about half the state, saying rainfall in recent weeks had helped relieve wildfire dangers. Henry’s order lifted burn prohibitions in much of northwestern Oklahoma and the Oklahoma City …
September 14, 2006
Louisiana Gov. Kathleen Blanco said Sept. 12 that she’ll consider a partial state bailout for Louisiana’s insurer of last resort, which borrowed $1 billion to pay off claims after hurricanes Katrina and Rita. Several lawmakers and state officials have been …
September 14, 2006
The Ohio state insurance fund for injured workers continued efforts to reduce soaring medical costs this week, meeting with companies the agency says must brace for lower payments for managing medical claims. Payments to those companies jumped more than 40 …
September 14, 2006
A Wimbledon, N.D. farmer and insurance agent, convicted in what was described as the largest farm fraud case in North Dakota history has lost another appeal. The 8th U.S. Circuit Court of Appeals also has rejected the government’s cross-appeal in …
September 14, 2006
Columbus, Ohio-based Nationwide Health Plans, an affiliate of Nationwide Mutual Insurance Co. that provides health insurance in Ohio and California, will begin cutting about 350 jobs next year, a spokesman for the larger company said late Tuesday. It isn’t clear …
September 14, 2006
Mark C. Russell, Grange Insurance vice president and chief administrative officer, has been named chairman of the Board of Governors for the National Insurance Crime Bureau (NICB), a not-for-profit organization dedicated to preventing, detecting, and defeating insurance fraud and vehicle …
September 14, 2006
Dublin-based Research and Markets has added a new report on the Chinese insurance industry to their offering. “‘China Insurance Sector Analysis (2006)’, provides extensive research and objective analysis about the growing insurance industry in China, its product quality, and services,” …
September 14, 2006
A.M. Best Co. has affirmed the financial strength rating of “B+” (Very Good) of New Zealand’s Pioneer Insurance Company Limited, but it has revised the outlook to negative from stable. Best also assigned an issuer credit rating of “bbb-” with …
September 14, 2006
NASA has released a study, conducted by a team of scientists at the Jet Propulsion Laboratory in Pasadena, Calif., which concludes that a dramatic shrinkage in the Arctic ice pack has occurred recently. The data shows that “Arctic perennial sea …
September 14, 2006
Innovative Agency Management System Achieves Wide Industry Adoption Bothell, Wash. – AMS Services, a leading provider of software solutions for the insurance industry, today announced the general availability of AMS 360® v2.0, a proven agency management system that seamlessly bridges …