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

Miami PD Auto Theft Unit Eliminated; Agents Predict Higher Policy Rates, Increased Claims

Insurance agents in Miami and Dade County were dismayed to discover this morning that, “due to manpower shortages” the Miami Police Department has disbanded its Auto Theft Unit. A PD spokesman told the Miami Herald that the situation is temporary …

N.C. Farmers Receiving Assistance for Last Year’s Flood Damage Claims

North Carolina farmers who suffered flooding losses from last year’s hurricanes will soon receive disaster-assistance grants from the North Carolina Department of Agriculture and Consumer Services. The checks issued to date will help farmers with the cost of removing debris …

CarMax: Car Shoppers Need to Look for Signs of Vehicle Accident Damage

Most people do not know the biggest warning sign that a vehicle may have been in a major accident, according to a recent poll conducted by CarMax Inc., a national retailer of used cars. More than 70 percent of respondents …

Brain Injury Assoc. of Pa. Takes Issue with Helmet Law

The following is an op-ed or “Letters” statement from The Brain Injury Association of Pennsylvania: Pennsylvania passed a law to allow motorcyclists to drive without wearing a helmet. But who pays the medical bills when a motorcyclist suffers a catastrophic …

Fla. Man Faked Cancer Fund Claims, Receives 6-Year Prison Sentence

Attorney General Charlie Crist has announced that a Lake Worth, Fla. man has been sentenced to prison for defrauding a nationwide settlement fund intended to help cancer patients who overpaid for the cancer-fighting drug Taxol. Martti Antila, 61, received a …

Merastar in Production with Guidewire ClaimCenter

Merastar Insurance Company, a specialist in employer-sponsored personal automobile and homeowner’s insurance, and Guidewire Software, a provider of solutions to property and casualty and workers’ compensation insurers, announced that Merastar has fully deployed Guidewire ClaimCenter for all Merastar’s lines of …

Best Affirms FSR for B.E.S.T. Reinsurance

A.M. Best Co. has affirmed the financial strength rating of B++ (Very Good) and the issuer credit rating of “bbb” of B.E.S.T. Reinsurance (BEST Re) (Tunisia). The outlook on both ratings remains stable. The ratings reflect BEST Re’s consistently profitable …

Calif. Food Service Assistant Nailed in Comp Scam

Sandra Canas, 45, of Daly City, California was sentenced recently for workers’ compensation fraud. Canas was ordered to pay full restitution of $29,735, serve three months in jail, and three years probation, by Judge Hall at the County of San …

Specialty Risk Services Offers New Online Tool to Help Clients Measure Risk Program’s Performance

Specialty Risk Services (SRS), a property/casualty third party administrator for workers’ compensation and general liability claims, now offers clients access to a comprehensive suite of tools to monitor their program’s performance on its new Web site, http://www.specialtyriskservices.com. In its password-protected …

Bobo Joins GAB Robins as General Manager

GAB Robins announced that John Bobo has joined the company as a general manager with responsibility for North Carolina, South Carolina and Virginia. He will report to Clay Humphries, regional vice president for the Southeast Region of the Insurance Company …