Monthly Archives: <span>January 2005</span>

Texas Workers’ Comp Bill Presented

Texas State Senator Todd Staples of Palestine has introduced Senate Bill 5, designed to overhaul the state’s workers’ compensation program. “In Texas, we spend far more to treat on-the-job injuries, but we get far worse results,” stated Staples, in announcing …

Consolidated Freightways to Pay $2.75 Million for Racial Harassment at Kansas City Facility

The U.S. Equal Employment Opportunity Commission (EEOC) this week announced the settlement of an employment discrimination lawsuit under Title VII of the 1964 Civil Rights Act against Consolidated Freightways Corp. of Delaware for $2,750,000 on behalf of 12 African American …

Navicom Now 4th Approved Theft Device from Mercury

NavNowAuto Inc. announced that wholly owned subsidiary Navicom, a provider in GPS tracking technology, was approved by California-based Mercury Insurance Group for comprehensive insurance discounts of 10 percent. Policyholders that use the Navicom system are given an additional 10 percent …

Floridians Can Appeal Disaster Assistance Denial Letters

Floridians who received denial letters for disaster assistance for the 2004 hurricanes can follow a process to appeal decisions, according to state and federal officials. If applicant letters stated they were denied assistance because they are “INS-insured” (a code designating …

Farmers Sues Auto Glass Business Alleging Scam

Farmers Insurance Exchange has begun serving civil summons and complaints upon a nationwide auto glass company and its president, accusing them of taking part in a scheme designed to defraud Farmers and its policyholders. The civil complaint, which is similar …

W. Va. Policyholders Have Until July 16 to Reassess UnumProvident Claims

West Virginia Insurance Commissioner, Jane L. Cline, has signed separate multi-state settlement agreements with three major disability insurance carriers owned by UnumProvident Corporation of Chattanooga, Tenn. More than 40 states have joined West Virginia in ratifying the settlement agreements. The …

Error Resulted in Inaccurate Citizens Rate-Hike Reports

Although information filed by Citizens Property Insurance Corp. with Florida regulators to request rate increases was correct, information provided to the public and media was incorrect, according to Justin Glover, Citizens spokesman. Glover told the Fort Myers News-Press that insurance …

SCOR to Help Tsunami Victims

France’s SCOR Group announced that it has mobilized to help the Indian Ocean victims of the Tsunami, initially contributing 150,000 euros ($197,000) to the aid campaign. The amount “represents one per thousand of Group premiums in the area hit by …

Munich Re Analyzes “Megacities” Vulnerability

Munich Re presented its views at the UN’s World Conference on Disaster Reduction on the special problems faced by Megacities, defined as “conurbations with ten million or more inhabitants.” These large groupings of people are especially vulnerable to natural perils, …

AIR White Paper Analyzes Multiple Catastrophes

Boston-based AIR Worldwide Corporation has released a white paper entitled “Analyzing and Preparing for Multiple Event Seasons,” which it said demonstrates how the industry can “prepare for multiple catastrophes in a single year.” The four Florida hurricanes and other events …