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

Insurers Committed to Real Asbestos Reform

Insurers remain deeply committed to enactment of meaningful national asbestos litigation reform legislation that provides fairness and certainty to all stakeholders, said a representative of the American Insurance Association (AIA) in testimony before the Senate Judiciary Committee today. However, insurers …

Calif. Mudslide Claims 4 Lives; Heavy Rains Continue

Any fears of a drought this year in California are likely going by the wayside. Heavy rains hammered the state again on Tuesday as authorities reported four people were killed and more are missing in a mudslide in La Conchita, …

UN Needs Aid Pledges Fulfilled ASAP; Warns on Neglecting Other Crises

More than 50 countries have pledged massive amounts of aid to help the victims of the Indian Ocean tsunamis, but the majority of the actual payments are apparently slow in coming. The UN is currently hosting a donor conference in …

Calif. Commissioner Urges Residents to be Smart Regarding Safety, Insurance During Storms

As storms continue pummeling the Southland, Commissioner John Garamendi advised all Californians to be wary of weather-related dangers and urged homeowners to conduct a home inventory as soon as possible to ensure that their homes and possessions are properly covered. …

National Farmers Union P/C Notes Complete Deployment of Bridium’s Claims3 Application

National Farmers Union Property and Casualty Company (“National Farmers Union”), a provider of property and liability insurance to customers in rural areas nationwide rated A- by A.M. Best, and Bridium, a technology provider and custom services company for the insurance …

State Farm, Fla. A/G Crist Agree to Reimburse Customers Who Bought Damaged, Stolen Cars

Florida motorists may be eligible for refunds of as much as $20,000 under a nationwide agreement to benefit individuals who unknowingly purchased damaged or stolen cars from State Farm Mutual Insurance Company. Attorney General Charlie Crist said the agreement is …

N.Y. Gov. Pataki: Number of Fatal Crashes at Lowest Level Since 1920

New York Gov. George Pataki on Monday announced that the number of fatal crashes on New York State’s highways continue to decline. Traffic statistics compiled by the New York State Department of Motor Vehicles (DMV) and the Governor’s Traffic Safety …

Heavy Rains Cause Surge in Calif. Auto Mishaps

As wet weather continues to cover many portions of California, slick and flooded roads threaten to wreak havoc for drivers, according to the Insurance Information Network of California (IINC). The storm caused at least nine deaths during the weekend in …

Ohio Gov. Adds 14 Counties to Emergency Declaration

A pattern of continuing severe winter prompted Ohio Gov. Bob Taft to add 14 counties to his emergency declaration late last week. The 14 additional counties include: Belmont, Brown, Clermont, Guernsey, Henry, Huron, Jefferson, Monroe, Muskingum, Richland, Ross, Tuscarawas, Wayne …

Ohio AG Sues GMAC, Midway Motor on Odemeter Rollback Violations

Ohio Attorney General Jim Petro has filed suit against General Motors Acceptance Corp. (GMAC) and Midway Motor Sales Inc. The lawsuit alleges that Midway Motor Sales rolled back odometers of motor vehicles in the state of Ohio, violating Ohio’s Odometer …