The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Maytag Searcy Laundry Products in Searcy, Ark., and proposed penalties totaling $67,500 for failing to protect workers from improperly maintained and guarded machinery. OSHA cited the company …
Proxix Solutions, a provider in developing GIS data, applications and Web services, announced the availability of FIREbreak, its first comprehensive tool for accurately assessing risk determination for urban/wildland areas. Insurers reportedly have a growing concern with the increased losses due …
Louisiana Workers’ Compensation Corporation announced that for the second year in a row its Board of Directors has declared a dividend and this year will return $15.8 million to qualifying policyholders. The company said this dividend is believed to be …
New Orleans-based Pan-American Life Insurance Company announced the appointment of Camilo J. Salazar as executive vice president for Distribution, Marketing and Product Management. Salazar’s appointment is effective July 18, 2005. “During an insurance career of more than 30 years, Camilo …
Allstate Insurance Co. will be opening its pocketbook and reportedly paying some $30 million to approximately 250,000 Californians who claimed they were overcharged for vehicle and home policies after the 2003 wildfires that hit Southern California, according to the Los …
Health care providers who participate in no-fault auto insurance fraud could be barred from treating accident victims as a result of legislation (A.8376-A/S.5784), supported by the American Insurance Association (AIA). The measure has been passed by the New York state …
A Hollywood, Fla. ordinance requiring owners of “dangerous dogs” to obtain $100,000 insurance policies to cover damage caused by the animals has been repealed by the city commission because it was impossible to find insurance companies to write the policies. …
A.M. Best Co. announced that it has downgraded the financial strength ratings of several of AXA Canada Inc.’s wholly owned property and casualty insurance subsidiaries. The rating action affects the following companies: AXA Assurances Inc. (Montreal, Quebec) and its wholly …
Standard & Poor’s Ratings Services announced that it has affirmed its “BBB” long-term counterparty credit and insurer financial strength ratings on Cyprus-based reinsurer Alliance International Reinsurance Public Co. Ltd. (Alliance Re) with a stable outlook. “The ratings reflect Alliance Re’s …
Vermont Gov. James Douglas has signed into law two bills, one designed to prevent cigarette-related fire deaths and the other to financially protect firefighters who suffer heart attacks in the line of duty. One law calls for all cigarettes sold …