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

N.H. Joins States Requiring Cigarettes to be ‘Fire-Safe’

Joined by New Hampshire fire chiefs, New Hampshire Gov. John Lynch signed into law legislation that requires the sale of only “fire-safer” cigarettes in his state. “States across the nation are beginning to switch to fire-safer cigarettes, and New Hampshire …

GE Insurance Solutions Examines Impact of Airbus A380

With possible seating capacity of up to 850 people, the Airbus A380 has increased the aviation insurance industry’s hull and liability exposure, according to an article in the latest issue of Exposure, published by GE Insurance Solutions. The A380 is …

Aviation Subsidiary of C. V. Starr Changes Name to Starr Aviation

Atlanta, Ga.-based The American International Aviation Agency Inc. (AIAA), the aviation specialty subsidiary of C. V. Starr & Co. Inc., has changed the company’s name to Starr Aviation Agency Inc. Starr Aviation Agency Inc., founded in 1961, is an underwriter …

USI Holdings to Offer Internet-Based Vital Document Storage to Customers

USI Holdings Corporation, based in Briarcliff Manor, N.Y., has entered into an agreement with MyMedicalRecords.com, a provider of online Medical Record and Vital Document storage, to offer the service to its customers throughout the United States. MyMedicalRecords.com uses proprietary technology …

Modern Health Care Costs Challenge Ind. Amish’s Tradition of Self-reliance

Mounting health care costs are testing the Indiana-based Amish traditions of self-reliance and community support. Amish families generally don’t carry health insurance and pay their medical bills out of pocket and promptly. “They pay immediately,” said Janice Welch, vice president …

Perkins Named Mississippi Licensing Director

Robert “Bobby” Perkins has been named director of licensing for the Mississippi Insurance Department. Perkins follows Bea Smith, who retired from the Department last December, after 35 years of service. In 1003, Perkins became a special assistant Attorney General Representing …

Ohio State Law Backs Health Insurance Groups’ Silence on Probe, Settlement

Details about allegations that two of Ohio’s largest health insurers paid independent agents to steer government entities to their plans cannot legally be released even though the companies have paid settlements to end a state investigation, insurance regulators say. Other …

Colorado State University Team Predicts Fewer Hurricanes Will Make Landfall

The U.S. Atlantic basin is likely to experience another active hurricane season, but coastal regions may face fewer land-falling major hurricanes than last year, according to Prof. William Gray and the Colorado State University forecast team. The team maintained its …

Aon Corp. Responds to U.S. Treasury’s Request for Comment on Future of Terrorism Act

Chicago-based Aon Corp. has responded to the U.S. Treasury’s request for comment on the state of the U.S. terrorism insurance marketplace, warning of the danger of allowing the Terrorism Risk Insurance Act of 2002 (TRIA), or its successor legislation, TRIEA, …

Miss. Claims Payments Break Records

A record for property and casualty lines claims payment settlements and premium refunds was set by the Consumer Services Division in Mississippi from Jan. 1 to April 30, according to the Insurance Department. Since Jan. 1 there have been 3,693 …