Nevada Attorney General Brian Sandoval announced that Tomasi Lautaha, 54, was sentenced to two years in jail for insurance fraud. Lautaha pled guilty to two counts of Conspiracy to Commit Insurance Fraud on July 20, 2004; he was arrested on …
Ohio Gov. Bob Taft announced that disaster assistance is available through the Ohio Department of Job and Family Services for victims of the recent floods and severe weather in Athens, Meigs, Vinton and Washington counties. “The State of Ohio stands …
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has issued citations and proposed penalties of $56,000 to PIPCO Companies LTD following an investigation into alleged workplace health and safety violations at a worksite in Washburn, Ill. Barry …
Federal disaster aid has been made available for West Virginia to help people in the northwestern part of the state recover from the effects of torrential rains that struck the area late last week, according to the head of the …
The Workers’ Compensation Research Institute announced that it’s annual Issues & Research Conference, to be held Nov. 10-11, 2004, in Cambridge, Mass., will feature a session on the Texas workers’ comp system. The Texas session is entitled, “TEXAS – Wrestling …
Adobe Systems Incorporated announced that CNA, a provider of property and casualty insurance, has selected the Adobe Intelligent Document Platform to automatically generate and distribute all business forms and letters required for initiating and processing claims. Using Adobe LiveCycle document …
According to a new special report from A.M. Best Co., the U.S. P/C industry recorded an underwriting profit of nearly $9 billion during the first six months of 2004, a substantial gain from the comparable period of 2003. Best said: …
Standard & Poor’s Ratings Services announced that it has affirmed its “A+” counterparty credit and financial strength ratings on Employers Reinsurance Corp. and affiliated insurance/reinsurance entities (collectively ERC). The outlook on the group remains negative. S&P also affirmed its “A-” …
Lloyd’s has released an advanced summary of remarks to be made by its Chairman, Lord Peter Levene, in a speech to Texas business leaders at the Houston Forum Monday night. Lloyd’s said Levene would urge industry leaders to “do more …
A.M. Best Co. announced that it has assigned an issuer credit rating (ICR) of “bbb+” to Australia’s QBE Insurance Group Limited, the non-operating holding company of the QBE group of companies. Best also said it has assigned a financial strength …