BestWeek: U.S./Canada: Miss. Regulator Says Lawyer's Opposition, Changing Demographics Led to His Defeat.OLDWICK, N.J. -- Mississippi's George Dale George Dale was the lover and criminal partner of Eleanor Jarman, dubbed by the press "The Blonde Tigress," and was executed by the State of Illinois on April 20, 1934 for the murder of Chicago clothier Gustav Hoeh. , the longest-serving U.S. insurance regulator, says changing demographics and the large shadow of trial attorney Richard Scruggs Richard "Dickie" Scruggs was hired by Mississippi Attorney General Mike Moore to assist with a lawsuit against thirteen tobacco companies in the 1990s. Prior to that he was known for his class action lawsuits against the asbestos industry. each played a role in his electoral defeat in the August 7 Democratic primary, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. an exclusive story in the August 13 issue of BestWeek U.S./Canada. Dale's campaign for a ninth four-year term was dogged by criticism of his dealings with the insurers he regulates, his handling of Hurricane Katrina  Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. matters, and an attempt by his own Democratic Party
to have him thrown off the party's ballot. On top of that,
nationally known plaintiffs' attorney Scruggs donated at least
$250,000 toward efforts to get Dale defeated, amounts which Dale said
were overwhelming in a race that, in other years, draws relatively
little attention or campaign cash.
"We knew it would be close, but we thought there was a possibility we could pull it off," Dale said. "Really, from day one, I was swimming upstream, and it would have been very, very difficult." He was defeated by Gary Anderson, a former banking executive. In BestWeek Europe: -- With U.K. insurers on the hook Adj. 1. on the hook - caught in a difficult or dangerous situation; "there I was back on the hook" dangerous, unsafe - involving or causing danger or risk; liable to hurt or harm; "a dangerous criminal"; "a dangerous bridge"; "unemployment reached dangerous for more than 3 billion pounds in losses from floods that swept the country in June and July, some observers expect flood insurance rates to rise as much as 10% in the coming months. And in both editions of BestWeek: -- Though this is expected to be another good year for the global reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. sector, a softening market and increased competition are complicating prospects for reinsurers beyond 2007. -- The Best's Global Insurance Composite Index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". finished the week of August 9 up 12.82% from a year ago. BestWeek is published by A.M. Best Co. for insurance professionals. To subscribe, please call A.M. Best's customer service department at (908) 439-2200, ext. 5742, or e-mail your request to customer_service@ambest.com. Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services industries, including the banking and insurance sectors. For more information, visit www.ambest.com. |
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