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

FEMA, Fla. Committed to Long-Term Recovery

Federal disaster assistance to Florida totals more than $5.3 billion, the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) reported Friday, releasing county-by-county data for its Individual Assistance and Public Assistance programs. “We are here for as long …

Job Hazards at La. Shipyard Bring OSHA Fines

A New Orleans shipyard’s alleged failure to protect employees from hazards has resulted in proposed penalties totaling $65,000 from the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA). Bollinger Gulf Repair was issued citations alleging 10 serious, two …

A.M. Best Places FSR for Amerisafe Under Review

A.M. Best Co. has placed the financial strength ratings of A- (Excellent) of Amerisafe Insurance Group (Amerisafe) (DeRidder, Louisiana) under review with negative implications. Amerisafe consists of American Interstate Insurance Company and its wholly owned subsidiaries, Silver Oak Casualty, Inc. …

FEMA Backs Funds to Help Ariz. Fight Humbug Fire

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has authorized the use of federal funds to help Arizona fight the Humbug fire burning in Yavapai County just 30 miles south of Prescott. Michael Brown, under secretary of …

Ky. Workers’ Comp Self-Insured Fund Showing a Deficit

One of the seven workers’ compensation self-insured groups doing business in Kentucky has been ordered to provide a $6.5 million letter of credit to the Kentucky Office of Insurance (KOI) to serve as additional security for payments of the fund’s …

FAAI Conference Speaker: Rep. Bense Congratulates Fla. Agents

Rep. Allan G. Bense, (R-Panama City) Speaker of the Florida House of Representatives, and one of the most influential political figures in Florida, congratulated insurance companies, agents and claims personnel for their performance after last year’s hurricane season in a …

Mitigation Outreach Teams Help New Yorkers

Customers at several building supply stores in presidentially-declared New York disaster areas recently came away with more than repair materials. They also received information that may help protect themselves and their families and homes against future flood-related damages. State Emergency …

PCI: Driver Training and Seatbelt Usage Critical to Safely Using 15-Passenger Vans

Insurers have traditionally been among the most active proponents of vehicle safety. From the beginnings of their careers, insurance professionals are taught that accidents result from a chain of events – the chain of causation. If the chain is broken …

N.Y. Senate Adds its Voice to Those Calling for a Federal Terrorism Backstop

The New York state Senate has added its voice to the growing number nationally urging Congress to extend a federal terrorism insurance backstop, according to the American Insurance Association (AIA), which is applauding their action. “The New York state Senate …

Liberty Mutual Expands Home Replacement Cost Coverage for Calif. Catastrophe Victims

When this year’s wildfires rage across California, will a home insurance policy be enough to pay to repair or rebuild a damaged house? Maybe … but maybe not. Yet some California homeowners are reportedly less concerned today than their neighbors, …