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

CFO Gives Hurricane Response Status Report; Fla. Mediation Begins Nov. 22

Following a recent emergency rule setting deadlines for processing claims there have been almost 17 percent fewer calls from consumers experiencing delays when dealing with an adjuster, according to the Florida Department of Financial Services. Tom Gallagher, Florida Chief Financial …

Utah Contractor Builds Major Trouble for Himself; Charged with 12 Counts of Theft

The Utah Attorney General’s Office has charged a Sandy contractor with 12 counts of theft for allegedly pocketing money that was supposed to pay off construction costs. Castle Homes owner Michael D. Alvey, 55, allegedly put 20 developments and more …

Ark. AG Warns of Fraudulent Charities

Arkansas Attorney General Mike Beebe is reminding Arkansans that the upcoming holiday season is also the season for scam artists to prey upon people’s spirit of giving. “During the holidays, when so many show their generosity, requests for charitable gifts …

Frozen Pipe Damage Can be Prevented

An average of a quarter-million American families have one or more rooms in their homes ruined and their lives disrupted each winter by water pipes freezing and breaking, warned State Farm Fire and Casualty Company. According to the Institute for …

Registration Deadline Updated for All Hurricanes

The deadline for registering with the Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has been extended until Dec. 31, 2004 for all four 2004 hurricanes that made landfall in Florida—Charley, Frances, Ivan, and Jeanne. Floridians who suffered damage …

GAINSCO Unveils Q3 Report

Texas-based GAINSCO INC. has reported net income for the third quarter 2004 of approximately $1.6 million. After the accretion of the discount on the Redeemable Preferred Stock of approximately $0.9 million and the accrual of dividends on the Redeemable Preferred …

Selective Insurance Group Backs American Red Cross Hurricane Relief Effort

New Jersey-based Selective Insurance Group Inc. announced a $60,000 donation to the American Red Cross, in support of relief efforts resulting from the 2004 hurricane season. James McLain, Selective Insurance Group senior vice president and chief claims and personal lines …

Camera on D.C. Bus Paints Different Picture from Reported Injury Claim

United States Attorney Kenneth Wainstein announced that James H. Patterson, Jr., 41, of 31st Street, S.E., Washington, D.C., was sentenced recently for his felony conviction of mail fraud related to his unsuccessful scheme to defraud Metro. The Honorable Richard Leon …

California AG Reports Rental Car Firm Ticketed for Variety of Violations

California Attorney General Bill Lockyer announced the settlement of a consumer protection lawsuit against Acceleron Corp. that alleged the Bay Area franchisee of Payless car rental levied surprise surcharges on customers who traveled outside California and failed to notify renters …

Davan Named Director of N.C. Industrial Commission’s Claims Administration

Karissa Davan will become the N.C. Industrial Commission’s Director of Claims Administration on Nov. 15. The new section, created by the combining of the Claims and Statistics Sections, will provide administrative handling of non-contested claims and the processing of forms. …