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

Europe Counts Storm’s Costs, as Clean-up Begins

California isn’t alone in trying to cope with deadly weather. Northern Europe has been lashed by the most powerful storm to hit the continent since Lothar and Martin ravaged France, Switzerland and Germany in 1999. This time, due to a …

Ohioans Warned of Potential Disaster Scams

Attorney General Jim Petro and the Ohio Association of Chiefs of Police are warning Ohioans to be cautious about scam artists after natural disasters such as flooding from the Ohio winter weather to the tsunami in Asia. “It is unfortunate …

Safety Top Concern in Wake of Calif. Storms

In the aftermath of the Southern California storms, flooding and mudslides that have already claimed at least 10 lives, insurers are urging residents to exercise caution in cleanup now that the storms are subsiding. “Besides extending our sympathy to the …

Philadelphia Consolidated Holding Corp. Personal Lines Division Back to Accepting New Applications; Fla. Targeted Market

Philadelphia Consolidated Holding Corp. on Wednesday announced that its personal lines division, Liberty American Insurance Group, has resumed accepting new insurance applications for its homeowners, condominium and rental dwelling products. Liberty American Insurance Group suspended accepting all new business applications …

AG Spitzer May Sink Ferry Operator

New York Attorney General Eliot Spitzer has notified the owners of the Canadian American Transportation Systems (CATS) of his intention to sue to obtain tens of thousands of dollars in refunds for consumers. According to the AG’s office, CATS – …

Former La. Insurance Agency Employee Accused of Misappropriating Premiums

Louisiana Department of Insurance Fraud Unit investigators served a former insurance agency employee with a cease and desist order barring her from working in the insurance business in the state, Insurance Commissioner Robert Wooley announced. Investigators served Susan Poston, 27, …

Houston Man Fined for Workers’ Comp Fraud Scam

Austin-based Texas Mutual Insurance Company reported that Henry Prince of Houston has pleaded guilty to workers’ compensation fraud-related charges and must pay restitution to the insurer. The Travis County 147th District Court sentenced Prince to six months’ deferred adjudication and …

CDS Business Mapping Adds District, States to Report

CDS Business Mapping LLC, a provider in online property risk mapping, has added The District of Columbia, Delaware, Louisiana, Maryland and Virginia, to its Distance to Fire Station report on the RiskMeter Online (www.RiskMeter.com). This brings the total number of …

IRC Study: Fraud, Buildup Add Nearly $5 Billion to Auto Injury Claims

The Insurance Research Council (IRC) estimates in a new report that fraud and buildup added between $4.3 and $5.8 billion to auto injury settlements in 2002, which represents between 11 and 15 percent of all dollars paid for private passenger …

Ga. Commissioner Suspends Agency License

Georgia Insurance Commissioner John Oxendine announced today that he has suspended the license of First Command Financial Services Inc., a Texas-based insurance agency, for a period of 90 days, with a probationary period of one year to follow. Oxendine said …