Monthly Archives: <span>March 2004</span>

Ga. Suspect Arrested in Ben Hill Co. Jail Fire

Georgia Insurance and Safety Fire Commissioner John Oxendine announced that a Fitzgerald man has been charged with setting fire to the Ben Hill County Sheriff’s Office and Detention Center. Derrick Young, 23, was charged with one count of first degree …

SCA Enterprises Inc. Opens National Desk Review Company CDA/Corporate Desk Audit

CDA or Corporate Desk Audit, a new division of SCA Enterprises, Inc., will begin its initial introduction of their premiere auto material damage personal lines auto desk review program. CDA is an independent, privately owned, auto material damage desk review …

Maryland Citizens for Asbestos Reform Urges State House Judiciary Committee to Close Loophole By Passing HB 1346

On Tuesday, the Maryland Citizens for Asbestos Reform (MCAR) urged the House Judiciary Committee to favorably consider House Bill 1346. The bill would amend the cap on the state’s non-economic damages law to establish an objective definition of when a …

AIA Welcoming N.Y. Gov. Pataki’s Leadership on Workers’ Comp

New York Gov. George Pataki’s (R) decision to seek workers’ compensation reforms this year is welcome news, according to the American Insurance Association (AIA). “Gov. Pataki’s leadership on this issue led to reforms in the 1990’s but more needs to …

AMA Throws Backing Behind ‘Keep Our Doctors in Nevada’ Ballot Initiative

The American Medical Association recently announced its support for a November ballot initiative, known as “Keep Our Doctors in Nevada,” that will allow voters to enact reforms to protect the state’s health care system and help keep medical liability premium …

Lightning Safety Alliance Backs Fire Sprinkler Incentive and College Fire Prevention Bill

The Lightning Safety Alliance (LSA), announced its support of the National Fire Sprinkler Alliance’s (NFSA) efforts to secure federal legislation to provide a tax incentive for the installation of fire sprinkler systems. Since its introduction to the House by Pennsylvania …

Ga. Commissioner Named Liaison to Hague Conference

The National Association of Insurance Commissioners (NAIC) recently announced that Georgia Insurance Commissioner John Oxendine has been named the NAIC liaison to the Hague Conference. In this role he will attend Hague Conventions throughout the year that focus on different …

Best Issues Rating to RenaissanceRe’s Preferred Stock

A.M. Best Co. has assigned a debt rating of “bbb” to $250 million 6.08 percent perpetual preferred stock, recently issued by RenaissanceRe Holdings Ltd. (RenaissanceRe). A.M. Best has also affirmed all existing debt ratings. The financial strength ratings of the …

AIA Opposing Legislation to Ban Use of Credit-Based Scores in Colorado

A proposal to ban use of credit-based insurance scores (HB 1292) would do severe harm to, and cause unintended consequences for, Colorado consumers, according to the American Insurance Association (AIA). “Removing credit information from the insurance rating and underwriting process …

Home Inventory Speeds Up Claims, Insures Proper Settlement for Impacted Individuals

An inventory of personal belongings will reportedly maximize one’s insurance claim by providing a written, video, and photographic record. In a recent release, Delaware Valley Home Inventory Services noted that it provides a professional, reliable, third-party, inventory service. The service …