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

Colo. Homeowners Cautioned on Tinderbox Conditions

The dry, warm weather in March, what should have been Colorado’s wettest month, is giving homeowners an early wakeup call to the start of fire season. But residents can reportedly help boost their homes’ fire defense with some simple changes …

Del. Commissioner Notes 2003 Financial Support for State Fire, Rescue and Ambulance Organizations

Delaware Insurance Commissioner Donna Lee Williams announced the totals of this year’s State financial support of Delaware fire companies. The State’s disbursements come from taxes paid by insurers based on property insurance premiums written during the calendar year 2003. This …

Actuaries Told: No ‘Duct Tape Solution’ to the Current Med-Mal Crisis

The current medical malpractice crisis did not happen overnight and is not going to resolve itself without bringing predictability and stability into the system. This was the message delivered by a panel of experts at the annual Ratemaking Seminar of …

Okla. Governor Helps Launch Severe Weather Campaign

Oklahoma Governor Brad Henry on Friday announced the kickoff of a statewide severe weather preparedness campaign. Called McReady Oklahoma, the campaign is a public-private partnership designed to prepare families for emergencies, to increase awareness of severe weather threats and to …

Wis. Governor Orders State of Emergency for Langdale County Following Severe Flooding

Wisconsin Governor Jim Doyle this week declared a state of emergency in Langlade County following severe flooding caused by rapid snowmelt and weekend heavy rains. Approximately 50 people and a dozen businesses have been evacuated due to the flooding. “I …

NACE 2004 Space Draw Results Exceed 2003; Event Set for Las Vegas Nov. 3-6

The recently completed Space Draw for the International Autobody Congress & Exposition (NACE) 2004 event in Las Vegas reportedly showed an increase over 2003 in the number of participating companies and the amount of space assigned, indicating a strong start …

Wash. Holocaust Survivors Awarded Humanitarian Payments of $1,000 Each

At least 52 Washington Holocaust survivors will begin receiving humanitarian payments of $1,000 each this week from the International Commission on Holocaust Era Insurance Claims’ (ICHEIC) humanitarian fund. “For years, we have aggressively pushed for a fair resolution of the …

Ga. Set to Repeal Workers’ Comp Subsequent Injury Trust Fund

The Georgia Senate on Thursday passed and sent to the governor legislation eliminating the reported outdated and costly state-sponsored workers’ compensation Subsequent Injury Trust Fund (SITF). H.B. 1579, introduced at the request of the American Insurance Association (AIA), reportedly represents …

Fla. Agent Sees License Revoked

A Boca Raton, Florida man has lost his license to sell insurance after being charged with compromising the health insurance of four children. On March 12, the Department of Financial Services filed an administrative complaint against Giovanni Abayan Ouano, 39. …

Nev. State Farm Condo Rates to Increase

Nevada Insurance Commissioner Alice Molasky-Arman has approved the request of State Farm Fire and Casualty Company for an overall statewide average increase of 28.8 percent for rental condominium unitowners insurance, affecting approximately 2,050 Nevada policyholders. State Farm’s projections indicated that …