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

Calif. Commissioner Backs Auto Club Rate Decrease

California Insurance Commissioner John Garamendi, standing with Automobile Club of Southern California (Auto Club) President and CEO Thomas McKernan, announced his approval on Friday of Auto Club’s filing to reduce its insurance affiliate’s policy premiums by five percent. The filing, …

Neb. Gov. Unveils Updated Public Damage Estimates From May 22 Storms

Nebraska Gov. Mike Johanns has released the latest public damages estimate from tornadoes, high winds, hail and flooding that hit Nebraska on May 22, which total approximately $12.1 million. The Governor sent a letter this week to the Federal Emergency …

Ohio BWC Promotes ‘Crash-Free June’

Between the years 1992 and 2001, 13,337 workers were killed in motor vehicle crashes on roads in the United States. In Ohio, according to work-related fatalities reported in 2003, 49 workers died due to motor vehicle crashes. Nationally, crashes are …

Former N.J. School Employee Pleads Guilty to Defrauding State Health Benefits Program

New Jersey Director of Division of Criminal Justice Vaughn McKoy announced that a former Lambertville public school employee has pleaded guilty to theft by deception for submitting fraudulent health insurance claims to the State Health Benefits Program. According to Insurance …

Best Affirms Rating for Rembrandt Insurance Co.

A.M. Best Co. has affirmed the A (Excellent) financial strength rating of Rembrandt Insurance Company Ltd. Rembrandt is a Bermuda-domiciled captive operation of Vitol Holding B.V. (Rotterdam), a global oil trading company. The rating outlook remains stable. The rating reflects …

Wash. Workshop Promotes Teen Job Safety

A workshop scheduled for Tuesday, June 8, in Wenatchee, Wash., will reportedly help local employers prevent on-the-job injuries to young workers. Teen workers are reportedly injured on the job twice as often as adults, causing pain and suffering for young …

AIA Applauds Favorable Court Decisions Regarding Workers’ Comp in Texas

Recent, favorable appellate and Texas Supreme Court decisions related to medical fee guidelines in the workers’ compensation system were applauded Thursday by the American Insurance Association (AIA). A Texas appellate court has handed down a favorable ruling in the Texas …

Proposal to Replace Mass. Safe Driver Plan Unveiled; New Merit Rating System Sought by 2006

As anticipated in an earlier report by Insurance Journal, an arm of the Massachusetts insurance department has come up with a plan to replace the state’s current safe driver insurance plan with a new one by 2006 and amend the …

Western Growers Calls for Further Comp Reductions

Following up on their earlier plea for workers’ compensation rate reductions, California-based Western Growers’ leadership again called on remaining insurance companies to decrease their rates. In April, the fresh produce trade association called for immediate relief for California businesses in …

AIG Technologies Releases Of WINS-R- Digital 2.0

AIG Technologies, Inc. (AIGT), a member company of American International Group, Inc., announced the release of WINS® Digital 2.0, an enhanced version of its web-based property-casualty insurance processing system. “WINS Digital is a complete insurance processing solution that integrates Policy …