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

Ohio Man Nabbed in Workers’ Comp Scam

The Ohio Bureau of Workers’ Compensation (BWC) announced a Nashport man was found guilty of a felony charge of workers’ compensation fraud. Ronald Dillon is scheduled to be sentenced on April 19 in the Franklin County Court of Common Pleas. …

Damage from Central Texas Storm Nearing $100 Million

Two Texas-based insurance industry trade associations released preliminary estimations of the cost of damages from the strong hailstorm that hit Central Texas on Friday, March 24. According to the Southwestern Insurance Information Service and the Insurance Council of Texas costs …

TWCC Sets Discount Rate and Interest Rate

The Texas Workers’ Compensation Commission reported it has determined, pursuant to the authority and direction given under the Texas Workers’ Compensation Act (Texas Labor Code, Section 401.023), that any interest or discount provided for in the Act shall be at …

Reinhold Honored at National Hurricane Conference

The National Hurricane Conference presented its Outstanding Achievement Award in Mitigation to Dr. Timothy Reinhold, vice president of engineering at the Institute for Business & Home Safety (IBHS). The presentation was made in New Orleans at the conference’s annual forum …

Conn. Gov. Rell ‘Unhappy’ Over Possible Big Job Losses from MetLife Buy of Travelers Life

Connecticut Governor M. Jodi Rell said today she is “extremely unhappy” as she learns more about the possibility of significant job losses resulting from MetLife’s planned acquisition of Travelers Life & Annuity. “My first priority as Governor is to protect …

Wake Up Call: Poll Reveals Millions of Americans Asleep at the Wheel, Even Too Tired for Sex

Wake up America! Many of America’s adults are sleeping poorly, and it’s taking a serious toll on professional relationships, productivity, public safety and even the most intimate aspects of their lives, according to a new poll released by the National …

Berkshire Hathaway’s Buffett Responds to Press Reports Over General Re and Other Probes

Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett has acknowledged that he will voluntarily speak with investigators next month while also moving to correct several press reports concerning the ongoing investigation of certain reinsurance transactions involving his firm’s General Reinsurance …

Q4 Rescues Hannover Re 2004 Profits from Hurricanes

Germany’s Hannover Re Group reported 309.1 million euros ($400 million) net after tax income for 2004, down 12.9 percent from 2003’s 354.8 million euros ($459.8 million). The company’s earnings report, issued March 29, noted: “The unusually high burden of major …

OSHA Fines N.Y. Contractor for Worksite Hazards

Failure to supply cave-in protection for workers at two Rochester-area sewer installation sites has resulted in a Mendon contractor being fined $116,000 by the U.S. Labor Department’s Occupational Safety and Health Administration (OSHA). Victor Excavating Inc. was cited for a …

North Texas Remembers The March 2000 Tornado Destruction That Left 5 Dead

In the late afternoon of March 28, 2000, an atmospheric disturbance over Tarrant County, Texas led to a tornado warning. Large hail and rain soon followed and by 6:10 p.m. a rotation was spotted near Mecham Field. By the end …