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

Texas Gov. Requests Assistance for La Salle County in Aftermath of Heavy Rain

Texas Gov. Rick Perry has requested that the U.S. Department of Agriculture’s (USDA) Farm Service Agency provide disaster relief and assistance for La Salle County. La Salle County received damage from excessive rain on Aug. 22 and 23. Some areas …

Pennsylvania A.G. Gets Settlement with CVS Pharmacy to Refund Customers

Pennsylvania Attorney General Jerry Pappert has filed a legal agreement with CVS that requires the company to issue refunds to consumers who were reportedly charged the full price for drug prescriptions to treat injuries sustained in automobile accidents. The agreement …

Ala. Gov. Declares State of Emergency Voluntary Evacuations of Coastal Areas; Price Gouging Laws Also Take Effect

Gov. Bob Riley has declared an official state of emergency in Alabama due to the imminent threat posed by Hurricane Ivan. The emergency declaration enables the Governor to invoke various emergency preparedness measures including Alabama’s price gouging law. Gov. Riley …

SBA Economic Injury Loans Help W. Va. Businesses Following Storms

The U.S. Small Business Administration announced that low-interest loans to replenish working capital are available to West Virginia small businesses impacted by the July storms and subsequent federal disaster declaration. SBA Area Director William Leggiero, Jr. said the working capital …

Asbestos – Any Options Left for Insurers’

While the United States Senate has expressed its willingness and commitment to solving the asbestos litigation problem facing the county, insurers remain under a siege of asbestos related claims. While hope remains that a legislative solution will be enacted to …

Verity MediClaim Available for Use

California-based Verity Inc., a provider of enterprise software that enables organizations to reportedly maximize the return on their intellectual capital investment, announced the availability of Verity MediClaim 9.0, the latest version of the medical claims processing content capture solution. Verity …

PMA Group Enhances Web site Loss Reporting

The PMA Insurance Group has introduced an upgrade to its Web site functionality. As of Sept. 1, PMA clients have the option of reporting all lines of PMA claims electronically through the Internet. The new Internet Loss Reporting capability is …

Chubb Report Highlights Employee Theft Concerns

A new survey from the Chubb Group of Insurance Companies has found that three in five privately held companies report that it is likely that an employee will steal company funds or equipment this year. “Executives at 60 percent of …

Ivan Skirts Cuba, Yucatan; Heads for U.S. Gulf Coast

Powerful Hurricane Ivan continues to play cat and mouse with forecasters. As of yesterday morning the Category 5 storm was headed for Western Cuba, but just before hitting the island, Ivan moved westward. The main body of the storm passed …

Guy Carpenter Releases Study of 2004 World Catastrophe Reinsurance Market

Guy Carpenter & Company, Inc., MMC’s reinsurance brokerage division, announced the release of its annual, comprehensive study of the property catastrophe reinsurance market, “The World Catastrophe Reinsurance Market: 2004.” The report covers over 20 countries and regions estimated to comprise …