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

Fitch Comments on Fairfax’s Rating Watch

Fitch Ratings commented that Fairfax Financial Holdings Limited’s ratings and Rating Watch Negative status are unaffected by its recent disclosures via its third-quarter 2004 financial filings and investor conference held on Nov. 8, 2004. Fitch said it “recognizes the positive …

In Memoriam: 86 Years Ago the Guns Fell Silent, But the Legacy Lives On

Almost none of them are left now – the men and women who fought the First World War. Even those who lived through it are few. But the effects of what the French call La Grande Guerre – the “Great …

Pa. Contractor Tabled with Lawsuit

Pennsylvania Attorney General Jerry Pappert announced that his Bureau of Consumer Protection has filed a lawsuit against a Lackawanna County home improvement contractor accused of accepting consumers’ money for custom kitchen countertops or table tops that were defective, poorly constructed, …

Minnesota, Louisiana at Different Ends of Health Spectrum Following Survey

Despite having to deal with some of the nation’s worst wintertime weather, Minnesota emerged as the nation’s healthiest state, while far to the south, Louisiana is the least healthy, a ranking it has been unable to shake for 14 of …

Judge Rules Against Mutual Benefits In Favor of SEC

A federal magistrate judge late today upheld findings by the U.S. Securities and Exchange Commission (SEC) that Mutual Benefits Corporation (MBC), the nation’s largest viatical settlement company, engaged in violations of securities law and defrauded investors. The Florida Department of …

House Repeals Mich. Helmet Law

A bill reportedly designed to repeal Michigan’s mandatory motorcycle helmet law was passed by the State House of Representatives today (Nov. 10), in an apparent bid to take advantage of a lame duck legislature – with 36 House members leaving. …

PCI Seeks November Vote on Class Action Reform

In a letter to Senate Leaders, Property Casualty Insurers Association of America Senior Vice President, Government Affairs, Carl Parks this week urged the passage of class action reform legislation before Congress adjourns for the year. According to the PCI, S. …

N.Y. Gov. Notes $2.3 Million in Humanitarian Awards Made for Holocaust-Era Claims

New York Gov. George Pataki recently announced that $2.3 million in offers have been made to Holocaust survivors and their heirs for insurance policies held with companies that were either liquidated or nationalized after World War II. The offers went …

Wis. Employer to Pay $1 Million to Settle Case

Wisconsin Attorney General Peg Lautenschlager announced that Color Arts will pay $1,000,000 to the State of Wisconsin to settle wage claims filed by workers after the plant closed in June of 2004. “Following approval by the court, Color Arts workers …

Wheelchair Provider Has Brakes Placed on Serving Houston Area Beneficiaries

A reportedly sharply restrictive Medicare claim review process limited to the Houston area has denied reimbursement for power wheelchairs for hundreds of beneficiaries and forced a provider of those products to cease serving beneficiaries here as they had for more …