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

FEMA Funds Jefferson County (Texas) Flood Project

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced it has obligated $1.35 million to the state of Texas to fund flood protection measures in Jefferson County. The project will remove 48 repetitively flooded homes from the …

ATX Group Notes 90% Recovery Rate for Stolen Autos

ATX Group, a telematics service provider to the automotive industry, reported today that it recovered approximately 90 percent of the telematics-equipped vehicles that its subscribers in North America reported stolen in 2004. In the future, ATX reportedly expects its stolen …

S.D. Bills to Cut Lawsuit Damages Killed

Lawyers and insurance companies battled Monday in the South Dakota Legislature, and the lawyers won. The tussle involved two bills designed to reduce damages in lawsuits filed to recover damages for injuries in traffic accidents. One bill, HB1134, would have …

Texas Gov. Requests USDA Assistance for 2 Counties

Texas Gov. Rick Perry has requested that the U.S. Department of Agriculture’s (USDA) Farm Service Agency provide disaster relief assistance for Hutchinson and Williamson counties where farms and ranches experienced damage due to severe weather conditions beginning on Oct. 1, …

CareVu, Premier Healthcare Exchange Partner on Multidimensional Claim Settlement Services

Texas-based CareVu Corp. and Premier Healthcare Exchange announced their alliance to offer a single-source, online platform that allows healthcare organizations to utilize an array of valuable services that are integrated into one resource. According to the terms of the agreement, …

FirstSalvage Receives Grant from CWSEC

FirstSalvage Inc., a web-based software provider for the auto insurance market, has been awarded a small business grant from the Chicago West Side Entrepreneurship Center (CWSEC). The Center’s Grant program, Opportunity Returns, is designed to assist Chicago businesses with high …

Fitch Upgrades Ratings for 21st Century Insurance Group

Fitch Ratings has upgraded the long-term issuer rating on California-based 21st Century Insurance Group (21st Century) and the ratings on 5.9% senior notes due 2013 to ‘BBB+’ from ‘BBB’. Additionally, Fitch has upgraded the insurer financial strength (IFS) ratings on …

FEMA Letters May Indicate Need for Insurance Settlement Information for Ind. Residents

Some Indiana residents who suffered damage from the severe winter storms and flooding that began Jan. 1, who have applied to the Federal Emergency Management Agency (FEMA) for assistance, have gotten letters from FEMA saying they are currently not eligible …

Los Angeles, Ventura County Residents and Businesses May Be Eligible for Disaster Assistance

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA), the Governor’s Office of Emergency Services (OES), and the U.S. Small Business Administration (SBA) announced that Los Angeles and Ventura County residents and business owners who suffered damages and …

N.J. Agent Charged with Stealing from Clients

New Jersey Division of Criminal Justice Director Vaughn McKoy announced that the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has obtained an indictment charging a Somerset County insurance agent with theft for stealing insurance premium money from …