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

Investigation Uncovers Possible Added Benefits for MEGA Policyholders

Nearly 10,000 Washington consumers with health insurance from MEGA Life and Health Insurance Company of Oklahoma (MEGA) may be entitled to additional coverage for doctor visits. An investigation launched by the Office of the Insurance Commissioner’s Consumer Protection division on …

Drinking & Driving Can Lead to Holiday Tragedies Warns 21st Century

This holiday season is expected to be among the busiest on California’s roads. As Californians rush to check off last-minute shopping lists and attend holiday parties, 21st Century Insurance urges motorists to remember the dangers of driving under the influence …

Md. Hospital Sued by Kin of Postal Worker Exposed to Anthrax; Hospital Sues Feds

The widow of a Clinton, Md. postal worker who died after being exposed to anthrax in 2001 is suing the hospital that treated him, claiming it ignored signs that he suffered from the effects of the deadly spores until it …

R.I. Researchers to Create Tsunami Hazard Maps for East Coast

Two University of Rhode Island researchers have been awarded an $86,000 grant from FM Global, one of the world’s largest commercial property insurers, to create maps of the East Coast of the U.S. that will identify potential flooding and damage …

New Lighting Technologies Could Reduce 2,300 Pedestrian Fatalities

Each year approximately 5,000 pedestrians (including bicyclists) are killed along U.S. roads — 2,300 of them occurring at night — and another 70,000 pedestrians are injured in traffic crashes, according to a 2003 NHTSA report. On average, a pedestrian is …

OSHA Forms Alliance with Altec

Furthering the safety and health of utility and construction workers is the goal of an Alliance signed this week between the Occupational Safety and Health Administration (OSHA) and a manufacturer of cranes, derricks and specialty equipment for the utility construction …

Lloyd’s Offers Poultry Farmers Coverage for Bird Flu

Heath Lambert has launched a facility to protect poultry farmers against avian flu (also known as bird flu). The exclusive facility, broked by the company’s specialist London market operation, FSJ, is 100% underwritten in the Lloyd’s opf London market. It …

FEMA Reps Meet with Disaster Victims to Plan Long-Term Housing

As the deadline approaches for disaster victims to transition from FEMA-funded hotel rooms to its rental assistance program, representatives from the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) have begun an extensive outreach effort to provide information …

Western General in Runoff;Best Downgrades Ratings

A.M. Best Co. announced that it has downgraded the financial strength rating to “B++” (Very Good) from of “A” (Excellent) and issuer credit rating to “bbb” from “a” on Bermuda’s Western General Insurance Ltd. Both ratings remain under review with …

Endurance Estimates Hurricane Wilma Net Losses at $115 Million

Bermuda-based Endurance Specialty Holdings Ltd. announced its initial estimate of losses, net of reinsurance, reinstatement premiums, and tax benefits related to Hurricane Wilma to be approximately $115 million. Endurance said that gross losses related to Wilma, before reinsurance, reinstatement premiums, …