Monthly Archives: <span>April 2007</span>

Owner’s Donation Helps But Race is On to Save Disabled Jockeys’ Fund

A California horse owner’s donation to a struggling fund for permanently disabled jockeys will keep it solvent for another month, the head of the Jockeys’ Guild said. Owner Michael Bello has pledged $58,000 to the fund, which gives $1,000 monthly …

Fla. Bill to Ban Cell Phone Use While Driving Placed on Hold

Motorists will be able to continue to ask for directions, tell their spouse what time they’ll be home, or just chatter aimlessly on their cell phone while driving in Florida. A measure that would have made it against the law …

Electrical Fire Shuts Nuclear Plant North of N.Y. City

A nuclear power reactor north of New York City will face tighter inspections after an electrical fault and fire in a transformer forced an automatic shutdown. The fire, which was extinguished in 15 minutes, was outside the nuclear area of …

N.Y. Contractor Questioned Over Asbestos Removal Conditions

Federal officials have proposed fining a contractor $57,000 for allegedly exposing employees to asbestos-related health problems at a suburban construction project. Aapex Environmental Services Inc. was cited for six alleged violations of occupational health standards at the former Agway building …

The Quickest Way Insurance Agents Can Increase Sales

The most important thing insurance agents have to realize is that direct mail campaigns, bus bench advertisement, newspaper ads, yellow pages ads, cold calling, and door knocking does not work. It’s a major reason why 30% of new agents who …

Delaware Senate Votes to Repeal Time Limit on Sex Abuse Suits

The Delaware Senate this week unanimously approved a bill allowing victims of child sexual abuse more time to file civil lawsuits against their alleged abusers. Senators approved the bill on a 19-0 vote after 31/2 hours of testimony from victims …

Study: Class Actions Against Insurers Surged in 1990s; Many Resolved Behind Closed Doors

The number of class action lawsuits filed against insurance companies in the U.S. increased sharply during the 1990s prior to the passage of the federal Class Action Fairness Act of 2005 (CAFA), according to a RAND Corp. report. About 90 …

Colo. Senators Vote Down Bill Requiring Medical Payments Coverage

The The Colorado Senate Appropriations Committee voted to indefinitely postpone a bill that insurance associations say would have forced drivers to pay for mandated medical payments coverage. Senate Bill 193, sponsored by Sen. Lois Tochtrop, D-Thornton, would have required an …

ACIC Elects Cheldin, Bissell Officers

Members of the Association of California Insurance Companies (ACIC) elected officers and the Board of Directors at the organization’s annual meeting. Cary Cheldin, president of Crusader Insurance Co., was elected for a one-year term as chair of the ACIC board. …

SullivanCurtisMonroe Names Five New Owners

Irvine, Calif.-based SullivanCurtisMonroe Insurance Services LLC announced that the agency has five new owners. The new owners, who have joined William Curtis and John Monroe, currently hold managerial or senior vice president positions within SullivanCurtisMonroe. “Our new owners, whose average …