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

More than $6.2 Million in Individual Disaster Assistance Goes to New Yorkers

Since the disaster declaration was issued on April 19, at the request of New York Gov. George Pataki, $6,184,537 in individual and household assistance has been approved for distribution to applicants who suffered damages during the early April storms and …

OSHA, Fru-Con Settle on Safety Citations

The U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) has reached agreement with St. Louis-based Fru-Con Construction Company resolving citations issued following an investigation into the Feb. 16, 2004 bridge collapse and fatalities at the Maumee River Crossing Project …

N.J. Gov. Kicks Off Holiday Weekend with Highway Safety Note as Residents Hit the Roads

Acting New Jersey Gov. Richard Codey on Thursday kicked off Memorial Day weekend and the summer season with a message about highway safety. “There is no better way to spend Memorial Day weekend than at the Jersey Shore,” Codey said. …

Circuit Court Ruling to Require Citizens Wind Policies to Pay for Flooding

Circuit Court Judge Kevin Davey has ruled in a class-action lawsuit in Tallahassee, Fla. that Citizens Property Insurance Corp., Florida’s insurer of last resort, must pay the full amount of damage homes were insured for, even if they were primarily …

N.D. Workforce Safety & Insurance Chooses Fair Issac Advisor Program

Fair Isaac Corporation, a provider of analytics and decision technology, announced that Workforce Safety & Insurance (WSI), the exclusive provider of workers’ compensation insurance in the state of North Dakota, has licensed Fair Isaac’s MIRA Claims Advisor for Reserving technology. …

Senate Judiciary Committee Passes FAIR Act

On Thursday, the Senate Judiciary Committee passed S. 852, the Fairness in Asbestos Injury Resolution Act, by a vote of 13-5. Sen. Arlen Specter, R-Pa., chairman of the U.S. Senate Judiciary Committee, introduced S. 852 that would create a privately …

Public Assistance Approved for Niagara County

The Federal Emergency Management Agency (FEMA), at the request of the state, has amended the major disaster declaration for New York to include Public Assistance for Niagara County. The designation means that local governments and state agencies in Niagara County …

PIA Panelists Discuss Preparing for Hurricane Season

Florida’s insurance industry survived last year’s record-breaking hurricane season and is prepared to help homeowners weather what may come this year. That was the message during a recent web broadcast carried live throughout Florida, produced by the Professional Insurance Agents …

PCI Commends N.H. Action on ‘Black Box’ Legislation

In a move that will reportedly help insurers hold down premiums and prevent fraud, the New Hampshire Senate Transportation Committee has voted unanimously to block legislation that would restrict insurers access to electronic data recorders (EDRs). The vote to re-refer …

AIA Opposes California Bill to Limit Home Inventories

A bill approved by the California Senate May 25 that prevents insurers from requiring claimants to itemize personal property lost in a disaster is well intended, but will invite padding of claims and raise costs for all policyholders, according to …