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

Zurich Grows Hospitality, Leisure Coverages in Unveiling Specialized, Combined Endorsement

Zurich announced the launch of a new, specialized Hospitality/Leisure Industries Coverage Endorsement aimed at combining coverages for limited-service, full-service and resort companies in the hospitality and leisure industries. Zurich is a major writer of hospitality business in the U.S. This …

ABRA Auto Body & Glass Adds Missouri Franchise

ABRA Auto Body & Glass, a Minneapolis-based damaged vehicle repair company, announced the opening of its 90th repair center. Located in Lee’s Summit, Mo., the franchise was awarded to Don Kahan, owner of Don Kahan Chevrolet. This facility operated under …

Best Assigns Rating for AHS Insurance Co.

A.M. Best Co. has assigned a financial strength rating of B++ (Very Good) to AHS Insurance Company Ltd. (AHS) (Cayman Islands). The rating outlook is stable. The rating reflects AHS’s very good capitalization, experienced management team and sound underwriting and …

Research and Markets Unveils Report on Construction Defect Litigation Impacting Insurance, Building Industries

Research and Markets announced the addition of Construction Defect Litigation Crisis to their offering. The 1st Edition of the Construction Defect Litigation Crisis report is an 85-page study of the current state of claims and litigation regarding construction defects. The …

ISO Expands A-PLUS Auto Database to Cross-Check Vehicles Stolen, Shipped from Mexico to U.S.

An ISO loss-history database may now be used to track down cars stolen in Mexico and shipped to the U.S. ISO’s Automobile-Property Loss Underwriting Service (A-PLUS) database has been enhanced to cross-check for automobiles reported stolen in Mexico and transported …

Mass. Worker Digs Hole with Comp Fraud Scam

An East Sandwich, Massachusetts man has been ordered to pay $10,000 in restitution after pleading guilty to charges he received workers’ compensation payments while holding down another job, Attorney General Tom Reilly announced. Jeffrey Peacock, 45, pleaded guilty last Thursday …

Texas AG Warns Businesses About Security Breaches and Consumer Identity Theft

Texas Attorney General Greg Abbott on March 14 sent an urgent message to all Texas businesses that manage databases with sensitive personal information on citizens to immediately undertake measures to ensure the security of the data. “Recent events in California, …

Emergency Funds for Maine Authorized for Snowstorm

The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced that federal disaster funds have been made available for Maine to supplement emergency response efforts for a second record snowstorm that struck the state in …

Oklahoman Sentenced for Fraud

The owner of a Tulsa, Okla., medical equipment company was recently ordered to pay more than $348,000 in restitution for fraud charges, according to state Attorney General Drew Edmondson. Janet K. Merrifield, 54, will serve five months imprisonment followed by …

ImageRight Inks MAIF to Customer List

ImageRight, a provider in Property and Casualty Document Management and Workflow Solutions, announced that the Maryland Automobile Fund (MAIF) has purchased the ImageRight document management system. The signing of MAIF, which is the state’s involuntary-market auto insurer, makes it the …