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

NCOIL Task Force on Terrorism Backs TRIA’s Reinstatement

With the Terrorism Risk Insurance Act expiring at the end of this year, the National Conference of Insurance Legislators Task Force on Terrorism agreed during meetings in Hilton Head, S.C. to resurrect a resolution proposed last year urging congressmen not …

N.J. Couple Offers Guilty Plea in Auto Scam

New Jersey Division of Criminal Justice Director Vaughn McKoy announced that a Middlesex County husband and wife have pleaded guilty for their roles in an automobile “give up” scheme. According to McKoy and Insurance Fraud Prosecutor Greta Gooden-Brown, George T. …

Washington’s Largest Med-Mal Insurer Ordered to Refund $1.3 Million

Physicians Insurance and its affiliate, Western Professional Insurance Company, have been ordered to refund more than $1.3 million plus interest in excess premiums charged in 2003. They also must pay a $90,000 fine for using unfiled rates. Approximately 2,490 insured …

Vanguard Fire & Casualty to Meet with Fla. CFO Regarding Hurricane Claims

On Thursday morning, Florida’s Chief Financial Officer Tom Gallagher held a news conference and expressed his desire to meet “eyeball-to-eyeball” with the heads of insurance companies to discuss open hurricane claims. Five insurance companies were named including Vanguard Fire & …

Wash. OIC Releases Med-Mal Report

Washington’s Office of the Insurance Commissioner (OIC) has released the results of a survey that analyzes trends in medical malpractice claims for a 10-year period. The top five medical malpractice insurers, which comprise more than 90 percent of the regulated …

AMECO Marks 10 Million Safe Work Hours

AMECO, the fleet management and construction support unit of Fluor Corp., announced that its global workforce of nearly 1,300 employees has worked 10 million safe work hours from March 2001 through the present, with no lost-time injuries. “Working 10 million …

Police Award Presented at Rental Show

The first annual ARA Insurance Services/National Equipment Register Award (AIS/NER Award) was presented recently at the Rental Show to Detective Daniel Pearson of the Tarrant Regional Auto Theft Task Force in Texas. The Award recognizes a law enforcement officer or …

CalPASC Warns Public of Potential Plumbing and Health Dangers, Added Costs

One’s water might be safer, but their home is at risk of potential water damage caused by the possible failure of state-mandated copper piping, warned the California Professional Association of Specialty Contractors (CalPASC). Research presented at CalPASC’s recent Drinking Water …

Oklahoma City Man Sunk in Watercraft Scam

An Oklahoma City man has been charged in Oklahoma County District Court with 10 felony counts of violating the Oklahoma Consumer Protection Act, Attorney General Drew Edmondson said. William Gregory Wilson, 35, was the general manager and a salesman for …

N.Y. Ferry Final Report Subject of NTSB Board Meeting

The National Transportation Safety Board will hold a public Board meeting on Tuesday, March 8, at 9:30 a.m., in its Board Room and Conference Center, 429 L’Enfant Plaza, S.W., Washington, DC. One item is on the agenda: Marine Accident Report …