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

I.I.I. Advises Homeowners to be Properly Insured

For many people, their home is their most valuable asset. To protect their investment, homeowners should make sure their insurance is updated regularly to include improvements, major purchases and increased rebuilding costs, according to the Insurance Information Institute (I.I.I.). “Homeowners …

Colo. Farms Cited for Workplace Violations

The U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) has cited two southern Colorado hog farms for reportedly failing to protect workers from hazards. Mountain Prairie Farms LLC, a subsidiary of Hormel, faces $116,000 in proposed penalties and M2P2, …

Ore. AG, U.S. Attorney Note Health Care Fraud Settlement with Physician

Oregon Attorney General Hardy Myers this week joined United States Attorney Karin Immergut in announcing a health care fraud settlement with G. Craig Kiser, M.D., a McMinnville physician specializing in urology. In a complaint filed in United States District Court …

AIA Says CAAA Lawsuit Will Undermine Calif. Workers’ Comp Reforms

The American Insurance Association (AIA) on Wednesday issued the statement below in response to the lawsuit filed by the California Applicant Attorneys Association (CAAA) challenging the regulations regarding Medical Provider Networks (MPNs) recently adopted by the Division of Workers’ Compensation …

Southeastern Pa.’s Summer Disaster Declaration Amended Following Storms

The Federal Emergency Management Agency (FEMA) has announced that it has amended the incident period for the major disaster declaration for severe storms and flooding last summer that affected homeowners, renters and businesses in Delaware, Montgomery and Philadelphia counties. This …

Disaster Aid to Floridians Tops $2.5 Billion

Since President George W. Bush declared Floridians eligible for disaster aid beginning with Hurricane Charley on Aug. 13 and continuing through to Hurricane Jeanne on Sept. 26, assistance totaling more than $2.5 billion has been approved for a variety of …

Ark. Commissioner Says Despite Media Images Good Things Are Happening in Iraq

Insurance Journal recently had the opportunity to speak with Arkansas Insurance Commissioner and former president of the National Association of Insurance Commissioner Mike Pickens about the time he spent in Iraq earlier this year. Pickens was in Iraq from April …

N.J. Man Charged with Issuing Phony Certificate

New Jersey Division of Criminal Justice Director Vaughn McKoy announced that the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has obtained a State Grand Jury indictment charging a Burlington County man with forgery for issuing a phony …

Louisiana Joins National Fight Against Bogus Insurance

As part of his state’s fight against fake insurance, Louisiana Commissioner of Insurance Robert Wooley is joining the National Association of Insurance Commissioners (NAIC) in launching an awareness campaign that encourages consumers to “STOP. CALL. CONFIRM.” before buying insurance. “One …

S&P Affirms Tokio Marine Europe ‘AA-‘ Rating

Standard & Poor’s Rating Services announced that it has affirmed it’s “AA-” insurer financial strength rating on London-based Tokio Marine Europe Insurance Ltd. (TMEI), a wholly owned subsidiary of Tokio Marine & Nichido Fire Insurance Co. Ltd. (TMNFI; AA-/Stable), part …