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

Md. Consumer Protection Division Issues C&D Order Against Baltimore Area Builder

Maryland Attorney General J. Joseph Curran, Jr. announced that his Consumer Protection Division has issued a cease and desist order requiring a home builder and its principals to pay more than $365,763.85 in restitution for taking deposits and payments from …

ASSE: Roadway Work Zone Tragedies Can be Prevented, Especially over Holiday Weekend

The American Society of Safety Engineers (ASSE) is encouraging employers, workers and motorists to be aware of roadway work zone safety rules in an effort to prevent tragedy this Memorial Day weekend and throughout the summer. Working in and traveling …

Md. Man Burned in Arson Case

United States Attorney for the District of Maryland, Allen Loucks, announced that U.S. District Court Chief Judge Benson Legg sentenced Mahendra Harilal Shah, 59, of Ellicott City, Maryland to 15 years in prison in connection with his conviction by a …

Texas Mutual to Pay $50M in Dividends

Approximately 32,000 Texas employers will receive a share of around $50 million in dividends from Texas Mutual Insurance Company. The company announced that its Board of Directors unanimously approved the 2005 dividend plan, which includes an annual component and a …

La. Producer Shut Down on Misappropriation Charges

The Louisiana Department of Insurance reported that a Gonzales, La., insurance producer surrendered her insurance licenses after she was arrested on charges that included misappropriation of insurance premium payments. Mary Jo Guillot St. Amant, 38, president and 100 percent owner …

Committee Works Out Comp Compromise in Texas

A conference committee made up of members of the Texas House of Representatives and the state Senate worked out a compromise on workers’ compensation system reform that had stalled in the legislative process. The Insurance Council of Texas congratulated the …

Zurich Settles with APRA over 2000 Accounting Info

Zurich Financial Services Group announced that its Australian entities Zurich Financial Services Australia Limited (ZFSA) and Zurich Australian Insurance Limited (ZAIL) have reached “Enforceable Undertakings with both the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission …

S&P Assigns Rating of ‘A+’ for ING’s Canadian Subs

Standard & Poor’s Ratings Services announced that it has assigned its “A+” long-term counterparty credit and financial strength ratings to the following Canadian subsidiaries of the Netherlands ING Group: Belair Insurance Co. Inc., ING Insurance Co. of Canada, ING Novex …

IHA Reacts to Ill. Medical Liability Reform Agreement

The Illinois Hospital Association and the more than 200 hospitals it represents are applauding the Democratic and Republican leadership of the Illinois Senate and House for working with the health care community to develop a legislative proposal to address the …

Ga. Commissioner Says Life Company Will Refund Policies Sold at Bases

Georgia Insurance Commissioner John Oxendine announced that Madison National Life Insurance Company has agreed to refund premiums to soldiers who were solicited and sold term life insurance policies while they were training at two Georgia military bases. Soldiers who received …