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

National Atlantic Holdings Unveils Q1 Numbers

National Atlantic Holdings Corporation has reported net income of $4.373 million or $0.78 per share (diluted), in the first quarter 2005 compared with $2.971 million, or $0.53 per share (diluted), in the same period for 2004. Included in net income …

Travelers Reminds Boaters of Safety Measures

Boating accident claims increase in frequency by 45 percent during the summer months, according to a recent analysis of claims incidence at Travelers personal lines, a member of St. Paul Travelers. “Substantially more people are on the water during the …

OSHA Cites Ala. Manufacturer for Safety Hazards

The U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) has cited PSI Sales Inc. for reportedly exposing workers to safety hazards at its Theodore, Ala., plant. OSHA is proposing penalties totaling $45,125 following an inspection conducted under the agency’s …

Ark. Commissioner: Healthier People, Insurance Competition Can Reduce Rates

Arkansas has a healthy market for auto and homeowners policies, but not for health insurance, the state’s new insurance commissioner Julie Benafield Bowman said. According to the Associated Press, Bowman said she plans to follow Gov. Mike Huckabee’s lead by …

Texas Workers Reminded to Use Safety Belts While Out on the Road

For pickup truck drivers and passengers, wearing a safety belt can mean the difference between making a safe trip and ending up seriously injured or killed, according to the National Highway Traffic Safety Administration (NHTSA). In 2003, NHTSA counted 1,296 …

Texas Gov. Perry Signs Asbestos Lawsuit Reform Legislation into Law

Texas Gov. Rick Perry has signed into law Senate Bill 15, which will improve the Texas civil justice system for victims of asbestos exposure as well as employers unfairly targeted by frivolous asbestos lawsuits. “I am proud to sign Senate …

San Jose Chain Store Owners Plead Guilty in Workers’ Comp Scam

A San Jose, California husband and wife have pled guilty to charges of workers’ compensation premium fraud and will serve 14-month jail sentences and pay $2 million in restitution following a multi agency investigation into the crimes. The owners of …

California’s State Fund Seminar on Workers’ Comp Fraud Draws Kern County Employers

As part of its commitment to fight workers’ compensation insurance fraud, State Fund held a seminar May 18 at the Valley Plaza’s Pacific Theatre where more than 200 Kern County employers heard State Fund and law enforcement officials outline a …

NCPA Study: More Patients Exerting Control over Health Care Delivery

Patients are increasingly by-passing doctors and managing their own health care, according to a study released today by the National Center for Policy Analysis (NCPA). They are ordering their own tests, going on the Internet to get second opinions and …

CDI Reveals Former Highland Framers Owners Sentenced to 3 Years in Prison, $3.1M Restitution

Investigators announced that Jay Neal Wright, 52, a former Bay Area businessman and owner of Highland Framers of Northern California Inc., was formally sentenced in Alameda County Superior Court to three years in state prison and ordered to pay $3.1 …