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

FEMA Backs Funds to Help Calif. Fight Quartz Fire

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) this week authorized the use of federal funds to help California fight the Quartz fire burning near Madera County’s Coarsegold community. Michael Brown, under secretary of Homeland Security for …

N.Y. Workers Comp Trusts Return $3M

Compensation Risk Managers, LLC, a national manager of self-funded workers’ compensation insurance programs, announced that three of its trusts in New York state produced dividends of nearly $3.2 million in 2004. The more than 1,200 members of these trusts, which …

Va. Republicans Sue Insurer for $1M Cost of Eavesdropping Scandal

The Republican Party of Virginia is suing its liability insurance carrier, seeking nearly $1 million in reimbursement for the GOP’s payout to settle a lawsuit over the eavesdropping scandal and attorneys’ fees the insurer refused to cover. The state GOP …

Crawford & Co. Declares Quarterly Dividends

Crawford & Company’s board of directors has declared quarterly dividends of $0.06 per share on the Class A Common Stock and $0.06 per share on the Class B Common Stock, payable on August 19, 2005 to shareholders of record as …

TDI Available for Questions About Hurricane Emily Claims

A week after Hurricane Emily made landfall in northern Mexico many of those in South Texas who suffered damage from the storm are now settling insurance claims and making repairs. Once a settlement is reached, insurance companies have five business …

New Underwriting Tool Could Improve Competitiveness in Urban Markets

A new urban insurance underwriting methodology that uses what its creators say are sophisticated data mining technology and new sources of information beyond traditional credit scores may help insurers better analyze risk in urban areas, according to the Urban Insurance …

Okla. Covenant Home Warranty Customers Urged to Come Forward

Okla. Insurance Commissioner Kim Holland is encouraging Covenant Home Warranty Corporation customers to contact the Oklahoma Insurance Department if they had a claim before the company’s June 24 suspension. The department estimates there may be more than 2,500 outstanding Covenant …

Air Force Recruits Bikers to Motorcycle Safety Course

Many motorcyclists say there is nothing like the feeling of flying down the highway on two wheels with a sunset stretched out ahead. But before hitting the open road, Airmen and civilians, and many throughout the Air Force, must complete …

Pa. Court Strikes Down ‘Deep Pockets’ Tort Reform

A Pennsylvania court has ruled unconstitutional a key component of tort reforms enacted in 2002. Commonwealth Court ruled that a measure that abolished joint and several liability is invalid because it was not germane to the DNA testing legislation it …

Valley Residents Repairing Storm Damage May Need to Have a Windstorm Inspection Done

In order to retain or acquire Windstorm Insurance from the Texas Windstorm Insurance Association (TWIA) residents of Texas’14 coastal counties, which include Cameron and Willacy Counties, must obtain a Windstorm Inspection, during any new construction or repairs, according to the …