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

Ala. Contractor Cited Following Trenching Death

The U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) has cited Cleveland Brother’s Construction LLC, and proposed $58,800 in total penalties, for failing to protect workers from trenching hazards that resulted in the death of an employee. On May …

Federal Disaster Aid Gains Approval for Del. Storm Recovery Following Jeanne

The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced this week that President Bush has authorized the use of federal disaster funds for Delaware to help communities in New Castle County recover from the …

P.R. Farmers, Ranchers Urged to Register for Federal Disaster Assistance

Farmers and ranchers from the 58 disaster-declared municipalities of Puerto Rico who sustained damages as a result of Tropical Storm Jeanne may be eligible for a variety of disaster assistance programs through the Federal Emergency Management Agency (FEMA), the U. …

PAULA Financial Reports Net Income for 3Q 2004

Pasadena, Calif.-based PAULA Financial reported net income for the first nine months of 2004 of $915,000 or $0.14 per share compared to $885,000 or $0.14 per share for the 2003 period. Total revenue for the first nine months of 2004 …

OIR Orders Citizens to Review Fla. Rates

The Florida Office of Insurance Regulation has issued an order to the Citizens Property Insurance Corporation (Citizens) to conduct a review of its rates to assure they meet statutory guidelines. The Legislature ordered Citizens to adjust its wind-only rates on …

N.J. Resident Gets Pulled Over for Making False Stolen Vehicle Claim on Rental

New Jersey Division of Criminal Justice Director Vaughn McKoy announced that a Union County resident has been sentenced for attempting to steal more than $11,600 by falsely reporting the theft of a rental vehicle. According to Insurance Fraud Prosecutor Greta …

Texas Leads Nation in Fatal Crashes with Animals

Far more people have died in Texas motor vehicle collisions with animals than in any other state. Many of these fatalities could have been prevented if motorists had worn seatbelts or motorcyclists had worn helmets. A new study by the …

Calif. Commissioner Files Suit Against ULR and Insurers

Commissioner John Garamendi on Thursday announced a major lawsuit against Universal Life Resources of San Diego and four major insurers accused of hiding millions of dollars in secret commissions. During a news conference to announce the action, the Commissioner also …

Best Upgrades FSR Ratings of Sierra Health Services

A.M. Best Co. has upgraded the financial strength rating to B++ (Very Good) from B+ (Very Good) of Sierra Health Services Inc.’s core HMO subsidiaries, Health Plan of Nevada Inc. (both of Las Vegas, Nev.), and its health insurance company, …

Schinnerer Publishes Risk Management Guide

“Contractors often don’t see the need for professional liability coverage for design related claims,” explained Victor O. Schinnerer’s Joe Jones. “They think that their general liability coverage will take care of any professional claims–or that they’re not at risk.” To …