September 30, 2004
Illinois-based Horace Mann Educators Corp. estimates its financial impact from Hurricane Frances and Hurricane Ivan, net of anticipated reinsurance, will total approximately $23 to $26 million pretax. In addition, the company affirmed its previously announced pretax cost estimate for Hurricane …
September 30, 2004
Florida-based First Guard Insurance Company announced that A.M. Best Company has upgraded its financial strength rating from A- (excellent) to A (excellent). Best views the rating outlook on the company as stable. “The rating reflects the company’s strong capitalization reflecting …
September 30, 2004
The Independent Insurance Agents of Texas (IIAT) reported that InfoCentral, its premium Web reference library service, becomes absolutely free for all members beginning Oct.1. The service was launched in 2001. “The board of directors approved making InfoCentral a free service …
September 30, 2004
Louisiana Commissioner of Insurance Robert Wooley said the Department’s first estimate of Hurricane Ivan damage in Louisiana is $7,170,000.00, based on a survey of the major insurance carriers in the state. Wooley added that this estimate is based on the …
September 30, 2004
An Ashland, New Hampshire contractor’s alleged failure to supply cave-in protection at a Woodstock jobsite has resulted in $29,650 in proposed penalties from the U.S. Labor Department’s Occupational Safety and Health Administration (OSHA). M.E. LaTulippe Construction Inc. has been cited …
September 30, 2004
“Damage inspectors are now in the field visiting people who have filed applications for assistance, Nick Russo, an official with the Federal Emergency Management Agency (FEMA),” said in a joint statement with State Coordinating Officer Mike Sherberger, director of the …
September 30, 2004
Tennessee-based Sedgwick Claims Management Services Inc. (Sedgwick CMS) has achieved certification as an Employer of Choice®. Designation as an Employer of Choice is awarded to public, private or not-for-profit employers that demonstrate effective implementation of best practices in attracting, developing …
September 30, 2004
IntelliCorp Records Inc., a nationwide provider of pre-employment screening services, and Markel Insurance Company have teamed up to provide camps, childcare centers, private schools and social service agencies with accurate and thorough criminal background checks of all employees and volunteers. …
September 30, 2004
The Hartford Financial Services Group Inc. today estimated its 2004 third quarter earnings per fully diluted share at between $0.85 and $0.95. This estimated range assumes no net realized capital gains or losses or unusual tax benefits in the quarter. …
September 30, 2004
In a letter to President Bush on Wednesday, Minnesota Gov. Tim Pawlenty requested a Presidential Disaster Declaration and Federal assistance for areas of southern Minnesota affected by severe flooding that occurred on Sept. 14 and 15. Preliminary damage estimates are …