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

Wisc. Gov. Doyle Signs Health Insurance Bill

Wisconsin Gov. Jim Doyle yesterday signed a bill designed to allow farmers and others who lack health insurance to join a cooperative that will negotiate health insurance plans on their behalf. A.B. 5 expands access to health care cooperatives in …

Japanese Quake Injures Dozens

A reported 7.2-magnitude earthquake struck northeastern Japan on Tuesday, injuring nearly 60 people, creating landslides and disrupting power to thousands of homes. A number of the reported injuries were children, who were on summer vacation and were gathered at a …

PCI Urges Veto Involving Drunk Driving Legislation

The Property Casualty Insurers Association of America (PCI) on Monday urged New York Gov. George Pataki to veto legislation that would require insurers and their policyholders to pay for injuries to a drunk driver caused from an accident that occurred …

ACE Offering New Protection Plan

Now available online at www.dmp-ace.com, ACE Disaster Mortgage Protection(SM) (DMP(SM)) insurance is offering producer/lender benefits including expanded distribution, increased revenue, enhanced customer loyalty, and streamlined application and approval. ACE Disaster Mortgage Protection(SM) insurance is designed to help provide a financial …

FEMA Funds Repairs at Starcke Dam

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has obligated more than $2 million to the State of Texas for flood repairs at the Starcke Dam near Marble Falls. The dam suffered damage after the July 2002 …

N.J. Woman Pleads Guilty in Auto Scam

New Jersey Criminal Justice Director Vaughn McKoy announced that a Passaic County woman has pleaded guilty to conspiracy for her role in an automobile “give up” scam. According to Insurance Fraud Prosecutor Greta Gooden-Brown, Monique S. Everett, 25, of Paterson, …

FEMA Funds Flood Protection for Texas Hospital

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has obligated more than $7.6 million to the State of Texas for relocation and elevation of critical mechanical, electrical, and plumbing functions at Memorial Hermann Hospital, located in the …

National Interstate Notes Q2 Results

National Interstate Corporation on Monday reported net income for the second quarter ended June 30, 2005 of $7.0 million ($.36 per share diluted) compared to $6.4 million ($.42 per share diluted) for the 2004 second quarter. The 8.5 percent increase …

Wisc. Speaker Names Med-Mal Reform Task Force

Wisconsin Assembly Speaker John Gard has named two Milwaukee-area residents as among the five citizens who will serve on Gard’s Task Force on Medical Malpractice Reform. The task force appointees are: Clyde Chumbley, an obstetrician who is president and chief …

Conseco Raises $320 Million in Offering

Conseco Inc. on Monday closed its previously announced private offering of 3.50 percent Convertible Debentures due Sept. 30, 2035 and completed the amendment of its senior secured credit facility. The initial purchasers exercised their option to purchase an additional $30 …