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

QCSA Opens Northern Chicago Salvage Auction Facility

QCSA Auto Auctions this week announced the opening of another full-service salvage auction facility in the Chicago market. The turnkey 26-acre facility is located in the northern suburb of Bartlett and will provide service coverage for all of northern Illinois, …

Physicians, Prudential Note Court Approval of Litigation

Prudential and representatives of hundreds of thousands of physicians, state and local medical societies announced Tuesday that their settlement of the national class action lawsuit pending in the federal court for the Southern District of Florida before U.S. District Judge …

Safeco Estimates Katrina After-Tax Losses at $78M

Seattle-based Safeco announced estimated after-tax catastrophe losses from Hurricane Katrina of $78 million, or $0.61 per diluted share. Safeco’s gross pretax losses before reinsurance are estimated to be $170 million. After reinsurance, net pretax catastrophe losses from Hurricane Katrina are …

N.Y. Employer Faces Fines Following Accident

A March 15 accident that left a worker with second and third degree burns over much of his body has resulted in an Akron, N.Y., manufacturer being fined $115,550 by the U.S. Labor Department’s Occupational Safety and Health Administration (OSHA). …

FEMA Adds 4 La. Parishes to Disaster Declaration

The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) designated four additional Louisiana parishes eligible for federal disaster aid to help meet the recovery needs of homeowners, renters and businesses affected by Hurricane Rita. R. …

The Hartford, Aetna Partner on Conn. Workers’ Comp

The Hartford Financial Services Group Inc., a Connecticut writer of workers’ compensation, has contracted with Aetna to offer its customers the Aetna Workers’ Comp Access (AWCA) network of health care providers. This arrangement, which became effective Sept. 1, is the …

OSHA Cites N.H. Contractor for Cave-In Hazard

A Manchester, New Hampshire contractor faces $28,100 in fines from the U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) for allegedly failing to supply cave-in protection for workers at a Hooksett jobsite. OSHA cited Pichette Brothers Construction Co. Inc. …

Hurricane Victims in Texas Can File Claims Before Seeing Damage

Texans who can’t return home because of the damage caused by Hurricane Rita can file a claim without seeing what has happened to their property, according to the Insurance Council of Texas. By filing a claim now, the ICT reported, …

Actuaries Say Med-Mal Report Misled the Public

Independent actuaries with the firm Towers Perrin say that a July 2005 report released by the Center for Justice and Democracy and five other “consumer groups” is incomplete and unsound. Jay Angoff, an attorney employed by a personal injury law …

Gov. Blanco Extends La.’s State of Emergency

Louisiana Governor Kathleen Blanco has extended the State of Emergency for Hurricane Katrina through Oct.25, 2005. As a result, according to the Louisiana Department of Insurance, Emergency Rules 15, 16 and 17 are automatically renewed and will continue in full …