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

Marshall & Swift Names Thornton COO

Marshall & Swift / Boeckh (MS/B), a worldwide provider of residential and commercial cost data, technology and services for the property insurance industry, has announced the appointment of James Thornton as chief operating officer. Thornton is responsible for managing all …

Disaster Officials Urge Ohio Victims to First Check Insurers Following Storms

Disaster recovery officials overseeing recovery efforts in the aftermath of the severe Ohio storms and flooding that occurred between Dec. 22, 2004 and Feb. 1, 2005 encourage those impacted by the disaster to check with their insurer and the National …

Best Downgrades R&SA-USA Ratings

A.M. Best Co. announced that it has downgraded the financial strength ratings of Royal & SunAlliance USA Insurance Pool (RSAUSA) and the Royal Surplus Lines Insurance Company (Connecticut) to “C++” (Marginal) from “B” (Fair). The surplus lines company is a …

Best Places Imagine’s Rating Under Review /Negative

A.M. Best Co. announced that it has placed the financial strength and issuer credit ratings of “A-” (Excellent) and “a-“, respectively, of Bermuda-based Imagine Insurance Company Limited under review with negative implications. “These rating actions follow the announcement by The …

OSHA Forges Partnership with Pepperidge Farm Downingtown (Pa.) Plant for Workplace Safety

Workers involved in the bakery industry will reportedly be safer thanks to a new partnership announced today by the U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) and Pepperidge Farm at its Downingtown, Pa. plant. “This partnership is a …

W. Va. Residents Look for Flood Coverage Answers

Following the January 2005 floods, many West Virginians are reportedly asking government officials and insurance representatives about flood insurance availability and coverage. Misconceptions are common say officials from the West Virginia Office of Emergency Services (WVOES) and the Federal Emergency …

Ind. Jury Says PSI Not Entitled to Insurance Recovery

A Hendricks County (Indiana) jury returned a verdict this week finding that Cinergy Corp. subsidiary PSI Energy Inc. was not entitled to any insurance recovery from its London Market Insurers for the costs incurred as a result of its pollution …

Ohio Gov. Signs Bill Involving Curing Residential Defects

Ohio Gov. Bob Taft this week signed the following bill, which will be filed with the Secretary of State’s office. House Bill 175, sponsored by State Representative Stephen Buehrer (R-Delta) , establishes a state residential building code; makes changes in …

Carstens to Head Crawford’s U.S. PSU

Crawford & Company announced the appointment of Thomas Carstens as vice president, Property Services. In his role Carstens will be responsible for the integration of service delivery for all property services within the United States. Additionally, Carstens will serve as …

Montana State Fund Chooses CorVel Corp. for ASP

California-based CorVel has been awarded the Montana State Fund (MSF) contract for automated medical bill review services under workers’ compensation coverages. CorVel will provide services for MSF’s 27,000 employer policies beginning later this year. CorVel is positioned to deliver an …