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

Crawford Unveils Unit for Multinational Clients

Crawford & Co. International Inc. announced the formation of a new strategic account management team to support its corporate multinational clients. The Corporate Multinational Risks (CMR) business unit will be dedicated exclusively to the design and implementation of global multinational …

Copart Notes Q4, Fiscal 2004 Numbers

California-based Copart Inc. reported results for the fourth quarter and fiscal year ended July 31, 2004. In the fourth quarter of fiscal 2004 Copart earned net income of $21.4 million on revenues of $100.1 million. In the same period last …

NAMIC Applauds Passage of Tort Reform Bill

On Tuesday, by a vote of 229-174, the House of Representatives favorably approved H.R. 4571, the Lawsuit Abuse Reduction Act of 2004. H.R. 4571 would amend Rule 11 of the Federal Rules of Civil Procedure to penalize attorneys who file …

Mass. Gov Urged to Veto Comp Provision in Budget

The Property Casualty Insurers Association of America (PCI) and several other insurance industry groups are urging Massachusetts Gov. Mitt Romney to veto a section of the 2004 supplemental budget dealing with the payment of $35 million to third party administrators …

Kaiser Joins Insurance Journal Staff as New Southeast Managing Editor

Dave Kaiser Dave Kaiser has joined the Insurance Journal staff as managing editor of Insurance Journal Southeast based in Crystal River, Florida, north of Tampa and northwest of Orlando. Kaiser replaces Dave Thomas, who served as managing editor since the …

Final Rule Set for Fire Protection for Shipyard Workers

Shipyard workers will now be afforded the same level of protection against fire hazards as employees in other industries as a result of a new rule announced by the Occupational Safety and Health Administration (OSHA). The Fire Protection in Shipyard …

The Allstate Foundation Extends Portion of Fund to Help Hurricane Victims

The Allstate Foundation will extend $200,000 from the $1 million fund established at the Southwest Florida Community Foundation to reportedly aid in the rebuilding and recovery of victims of the recent hurricanes. The Community Foundation of Central Florida has been …

FEMA Authorizes Firefighting Assistance in Hawaii

After being contacted by the State of Hawaii, the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has rapidly authorized the use of federal funds to help the state fight a major fire burning on the island of …

Early Prevention Needed in Home Fire Protection

Protecting one’s home from wildfires doesn’t have to be a major investment. Even small steps can make a big difference. Whether one spends a day in the garden landscaping with fire-resistant plants or takes on an extensive renovation project to …

DriveCam Reports Client Sees Reduction in Insurance Losses with Usage of System

San Diego-based DriveCam Video Systems, a provider in knowledge-based systems to improve driving behavior, announced that Classic Transportation, a provider of ground transportation in Bohemia, N.Y., has reduced insurance losses by more than 50 percent in one year using the …