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

Flood Insured Could Receive Up to $30,000 in More Aid

Owners of homes and businesses who have been declared substantially damaged by their community from flood damages caused by Hurricane Katrina or Rita and who have flood insurance through the National Flood Insurance Program (NFIP) may be eligible for an …

B&G Restoration Joins DKI

Disaster Kleenup International Inc., a network of quality, independent property damage restoration contractors, reported that B&G Restoration Inc., based in Frederick, Maryland, has joined the organization to strengthen DKI’s network in the Northeast region. B&G Restoration has been in business …

Best Affirms FSR for New Technology Insurance in Ireland

A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of New Technology Insurance (NTI) (Ireland), an insurance subsidiary of The Carphone Warehouse Group plc (CPW) (United Kingdom). The outlook on …

West Coast Insurance Wholesaler ECM Appoints Misty Reistad as VP in SF HQ

San Francisco, California – ECM Insurance Services, Inc., a San Francisco-based management liability and property & casualty insurance wholesaler, today announced the appointment of Misty Reistad as Vice President in its San Francisco office. Reistad joins ECM with over 10 …

New Mexico Capitol Building Evacuated After Pipe Break

New Mexico’s Capitol will remain closed this weekend because of a broken pipe that sent water dripping from the top floor to the basement. There was no immediate estimate of the damage, which Legislative Council Service Spokesman John Yaeger said …

Disaster Recovery Aid Tops $562M for Hurricane Rita in Texas

Families and individuals who suffered damage from Hurricane Rita have received more than $562 million in assistance from state, federal, local and voluntary agencies. These agencies are working in partnership to continue to help affected Texas residents. Recovery services summary …

S&P Assigns ACE INA Insurance (ACE Canada) ‘A’ Rating

The ACE Group of Companies reported that Standard & Poor’s Ratings Service has assigned its “A” long-term counterparty credit and financial strength ratings to ACE INA Insurance (ACE Canada), with a stable outlook. S&P said in a statement that the …

Utah Man who Fakes Death on Mountain Pleads Guilty

A St. George, Utah, man who faked his death on Pine Valley Mountain this summer and then fled to Australia pleaded guilty Wednesday to one count of conducting a false or fraudulent scheme to obtain fees or services, a second-degree …

PIA of La. Resolutions Seek Hurricane Relief Assistance

Thanking insurance carriers on behalf of Louisiana insurance agents and the policyholders they represent for the carriers’ hard work and assistance in the aftermath of Hurricanes Katrina and Rita, the Professional Insurance Agents of Louisiana released a pair of resolutions …

Family Seeks Help, Man Vanishes from NAIC Meeting

Matthew Soumakis, 31, attending the National Association of Insurance Commissioners’ Meeting in Chicago last week vanished and the family is appealing for help. The Massachusetts man was last seen in a Streeterville neighborhood bar near the Sheraton Hotel and Towers …