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

Del. Moves to Yank License Plates of Uninsured Drivers

Delaware Insurance Commissioner Matt Denn has asked the Senate Public Safety Committee to send Senate Bill 20, a bipartisan bill improving the state’s enforcement tools against uninsured drivers, to the full Senate for a vote. The bipartisan bill sponsored by …

Paris Airport Roof Structure to be Replaced

Aeroports de Paris (ADP), the authority that owns and operates both the Charles de Gaulle airport and Orly airport in the French capital, has determined that the entire roof structure of Terminal 2E must be torn down and replaced. The …

S&P Comments on Munich Re 2004 Results

Standard & Poor’s Ratings Services has said that the 2004 results announced by Germany’s international reinsurer Munich Reinsurance Co. (A+/Stable/–) and its related entities–collectively Munich Re—”were in line with expectations, and consequently have no immediate impact on the ratings or …

Mo. Legislature Passes Workers’ Comp Reforms

Workers’ compensation system reform legislation (SB 1) passed late Wednesday by the Missouri legislature will have a positive affect on the marketplace, according to the American Insurance Association (AIA). “The Missouri workers’ compensation system will be improved by enactment of …

N.J. Doc, Niece Plead Guilty to Insurance Fraud

New Jersey Attorney General Peter Harvey announced that an Essex County doctor and his niece have pleaded guilty to multiple counts of insurance fraud, including submitting more than $48,000 in insurance claims for services that were never provided to patients. …

S&P’s Reaffirms FSR for Kingsway Financial Services

Toronto-based Kingsway Financial Services Inc. announced that Standard & Poors has reaffirmed the financial strength ratings of Kingsway Financial Services Inc. and its U.S. holding company, Kingsway America Inc. S&P commented that “the stable outlook is a reflection of Kingsway’s …

Mich. Lawmakers Pass Bill to Repeal State Helmet Law, According to AAA Michigan

Michigan lawmakers on Thursday passed Senate Bill 297, which repeals the state’s 36-year-old mandatory motorcycle helmet law. It is estimated that the repeal will result in 22 additional fatalities each year, along with 132 more incapacitating injuries, 610 other injuries …

Ga. Legislature Backs Asbestos Medical Criteria Measure

The American Insurance Association (AIA) praised the Georgia General Assembly’s approval of H.B. 416, asbestos medical criteria legislation aimed at helping truly sick victims of asbestos exposure get compensated quickly and fairly for their injuries. The bill received final approval …

ATRA: S.C. to Put State Out of Litigation Tourism Business as Bill Heads to Gov. Sanford

A bill on it’s way to Gov. Sanford’s desk will help put an end to “litigation tourism” in South Carolina, according to the American Tort Reform Association (ATRA). The South Carolina House on Wednesday voted to concur with Senate amendments …

CIF Names Board of Trustees

The Collision Industry Foundation (CIF) has named its Board of Trustees. The Officers are Doug Webb, president; Glen Funk, vice president; Marco Grossi, secretary and Chad Sulkala, treasurer. Other Trustees are Gene Hamilton, Rick Keister, Tom Moreland, Jeanne Silver, Tom …