Monthly Archives: <span>February 2006</span>

Report Details Injured Nuclear Workers’ Frustrations with U.S. Benefits System

The federal government has paid about $1.5 billion in benefits to thousands of sick nuclear weapons workers under a five-year-old program, but more could be done for thousands of others, says a report by a federal official. The report, made …

Farming More Dangerous Than Mining in Virginia, Data Shows

Coal mining, logging, firefighting represent just a handful of the dozens of jobs that spring to mind when it comes to dangerous work. Farming isn’t often one of them. But data shows agriculture is outpacing mining as the most deadly …

Avian Flu Found in France and Germany; Marsh Pandemic Survey

Although Western Europe has been preparing for its arrival for some time, the news that wild birds, infected with the deadly H5N1 virus, have been found in Germany and France still comes as a shock. On a visit to the …

S&P Raises QIC Ratings to ‘A’

Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on Qatar-based underwriter Qatar Insurance Co. S.A.Q. (QIC) to “A” from “A-” and assigned a stable outlook. “The upgrade is driven …

S&P, Fitch Lower PXRE Ratings below ‘A’ Grade

Standard & Poor’s Ratings Services and Fitch Ratings joined A.M. Best (See related article) in lowering their ratings on Bermuda-based PXRE Reinsurance Ltd. (PXRE Bermuda) and U.S.-based PXRE Reinsurance Co. (collectively, PXRE). S&P lowered its counterparty credit and financial strength …

Hundreds Still Missing in Philippine Landslide; Marines Aid Rescue Efforts

Rescue workers are continuing their efforts to find survivors of the landslide that buried the village of Guinsaugon, in the town of St. Bernard on the Philippine Island of Leyte last Friday, Feb. 17. 10 days of torrential rains have …

Florida Scam Victims to Receive More than $2.9M in Restitution

Two businessmen have been ordered to pay more than $2.9 million in consumer restitution to Floridians as part of their criminal sentences for their roles in an insurance scam, according to Florida Attorney General Charlie Crist. William Paul Crouse and …

Former Calif. Farmers Agent Sentenced for Premium Theft

California Insurance Commissioner John Garamendi has announced that Gary Calcagno, 48, of Carlsbad, Calif., has been sentenced to three years probation and ordered to pay $13,460 restitution for stealing premiums from 20 clients. Calcagno’s sentencing resulted from an investigation led …

N.Y. Home Improvement Contractor Sued in Failure to Pay Refunds

New York Attorney General Eliot Spitzer reported that his office has filed a lawsuit against a Middletown home improvement contractor who reportedly reneged on an agreement to pay refunds to consumers. David Wright, the operator of Stonecraft Masonry & Stucco …

Former Md. Home Improvement Commission Employee Convicted

Maryland Attorney General J. Joseph Curran, Jr. reported that Teera Armstrong Murray, 31, of Baltimore, pled guilty in District Court of Maryland, Baltimore County to one count of Extortion by a State Employee. The Honorable Barbara Jung sentenced Murray to …