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

FEMA Authorizes Funds for Colo. Fire

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has authorized the use of federal funds to help fight the Mason fire burning south of Wetmore, in Custer County and Pueblo County. When the State of Colorado’s request …

Best Affirms FSR for Sirius

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Sirius International Insurance Corporation (Sirius) (Sweden). The outlook on both ratings remains stable. The ratings reflect implicit support from the …

Calif. Chooses Sacramento Firm to Study Comp System

The state of California has selected Bickmore Risk Services (BRS) of Sacramento to conduct an analysis of the effect of recent legislative reforms on workers’ compensation insurance rates and the insurance market. BRS prevailed over other actuarial consulting firms in …

Mercury Group Teams Mobilize to Help Victims of Hurricane Dennis

Mercury Insurance Group emergency response teams have mobilized to support its policyholders with claims resulting from Hurricane Dennis. The response teams are now in place and prepared to immediately deploy to impacted areas as soon as allowed by Florida officials. …

DFS AGencies Launches Search and Rescue Effort in Fla. Panhandle

Members of the Department of Financial Services’ two law enforcement agencies have been dispatched to assist in search and rescue efforts in areas devastated by Hurricane Dennis and will be in the northwest Florida area today assessing damage and directing …

Best Takes Various Actions on 52 Canadian P/C Insurers

A.M. Best Co. has affirmed the financial strength ratings of 36 Canadian insurers, downgraded the ratings of four, upgraded the ratings of nine and assigned ratings to three Canadian property/casualty insurers. These ratings are based solely upon public information and …

Citizens Activates Hotline, Dispatches Response Unit; Only a Few FAIA Agents Report Damage

Citizens Property Insurance Corp. reports it has set up its “storm claims hotline,” and has dispatched a claims response unit to Milton, Fla.; while the Florida Independent Insurance Agents reports most of its agents in the panhandle fared well after …

FEMA Money Authorized for S.D. Fire

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has authorized the use of federal funds to help fight the Ricco fire burning in Meade County, South Dakota. When the State of South Dakota’s request for federal assistance …

Homeowners Cautiouned as Dennis Cleanup Begins

As residents of the coastal United States brace for the arrival of the 2005 hurricane season, many homeowners are already thinking about the cleanup work that will be necessary afterward. Unfortunately, the vulnerable time right after a major storm is …

Texas Man Sentenced in Attempted Firebombing of El Paso Islamic Center

The Justice Department announced recently that Antonio Flores was sentenced to 171 months imprisonment for attempting to firebomb the Islamic Center of El Paso in El Paso, Texas. “This kind of conduct is unconscionable, and the Justice Department will vigorously …