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

Texas AG Settles Refund Agreement with Auto Insurers

Texas Attorney General Greg Abbott’s final settlement with two auto insurers will result in estimated refunds of more than $700,000 to Texas policyholders who paid more on their claims for auto repairs than their policies required. According to the AG’s …

Alabama Woman Charged with Arson

A 39-year-old Alexander City, Ala. woman was charged with first-degree arson in connection with a fire that resulted in a rescue of the woman’s boyfriend. According to the Alabama Department of Insurance, Janet Tuck was charged with setting fire to …

Workers’ Comp Association Urges TRIA Extension

The American Association of State Compensation Insurance Funds, based in Bloomington, Minn., reported that it has urged key members of Congress to extend the federal Terrorism Risk Insurance Act beyond its Dec. 31, 2005, expiration date. “TRIA is especially critical …

Alfa Corp. Estimates Storm Losses Over $10 Million

Montgomery, Ala. -based Alfa Insurance Group and Alfa Corporation have announced preliminary estimates of losses from a series of thunderstorms that struck Alabama in early April. “These thunderstorms produced hail, which caused damage to both automobiles and homes. The April …

AIA Praises New Labor Regulations

The American Insurance Association has issued a bulletin supporting The U.S. Labor Department’s update of overtime regulations. The AIA said it expects the new rules “will help end needless litigation, as well as reduce conflict and confusion amongst employers and …

AXIS U.S. Expands Professional Liability Coverage; Builders’ Risk Capabilities

AXIS U.S. Insurance announced from its headquarters in Alpharetta, Ga., that it has expanded both its professional lines capabilities and its Builders Risk Product Offerings. For greater coverage of professional liability risks, AXIS U.S., a subsidiary of the Bermuda holding …

WTC Benefits Awarded to Absentee Father

A man is entitled to half his son’s World Trade Center-related death benefits, even though the father abandoned him as an infant, a state appeals court decided recently. The workers’ compensation death benefit of $50,000 due Daniel Hal Crisman should …

Burger King Facing Sex Harassment Charges

A sexual harassment lawsuit against Carrols Corp. has grown from one accuser six years ago to 511 current and former Burger King workers in 13 states. Officials at Syracuse, N.Y.-based Carrols say the large number of accusers is a result …

Pa. Suit Targets Gun Dealer Liability

A civil lawsuit filed against a South Williamsport gun shop could be the first to go to court that would hold gun dealers accountable when criminals get their hands on guns, lawyers say. In April 1999, 7-year-old Nafis Jefferson was …

Zurich Signs Agreement with China’s Sinosure

Zurich’s Emerging Markets Solutions group, the company’s political risk and trade credit insurance unit, announced that it has signed a memorandum of understanding with the China Export & Credit Insurance Corporation, also known as Sinosure. “This public/private collaboration will work …