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

Erie Insurance Notes Vacation Tips to Protect One’s Home and Wallet

Planning a pre-spring vacation? Before you hit the road, stopping to take a few extra precautions could keep your vacation from costing more than you’d bargained for. “You can save quite a bit of money by talking to your insurance …

Medical Protective Lowers Rates for Texas Physicians

Medical Protective, a Texas admitted primary medical professional liability insurer, will reduce rates another 6 percent effective July 1, 2006. This reduction comes on the heels of two other decreases in the last 12 months, reducing malpractice premiums of Texas …

Safety Advocates Urge Back Seat Belts for ‘Tweens’

With 8- to 12-year-olds dying at a rate of more than one a day in automobile crashes, safety groups are pushing for more youngsters to remain belted in the back seat. In the past, safety experts have focused their attention …

Fitch Affirms Ratings for CNA

Fitch Ratings has affirmed the ‘BBB-‘ long-term issuer rating and ‘BBB-‘ senior debt ratings of CNA Financial Corporation (CNA) and the ‘A-‘ insurer financial strength (IFS) ratings of CNA’s U.S. insurance subsidiaries. A full rating list is shown below. The …

Paul Davis Restoration Named General Contractor for DIY to the Rescue Series

Paul Davis Restoration Inc., a Jacksonville-based franchisor of insurance restoration and remodeling general contractors, has been selected to serve as general contractor on DIY to the Rescue, a television series produced by Rivr Media, for the DIY Network. DIY is …

N.J. Contractor Ordered to Pay $9,000 Fine for Trailer Misconduct

Attorney General Zulima Farber reported that a Passaic County, New Jersey businessman has been ordered to pay a $9,000 fine in addition to the cost of cleaning-up hazardous asbestos construction debris illegally abandoned on a Paterson street in 2005. The …

FEMA Call Centers Decrease Hours of Operation Following Historic Season

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) will begin to reduce call center operations from 24 to 18 hours a day. The call centers will remain fully staffed with live telephone operators for all but the …

AIG Cos. End Agency Relationships with Starr Technical Risks Agency

American International Group Inc. (AIG) reported that the AIG Companies terminated the agency relationship with Starr Technical Risks Agency Inc. and its subsidiaries (Starr Tech), insurance agencies owned by C.V. Starr & Co., Inc. All current and future underwriting, claims, …

PCI Urging Colo. Lawmakers to Reject Insurance Data Reporting Bill

The Property Casualty Insurers Association of America (PCI) testified before the Colorado House Business Affairs and Labor Committee on Friday that legislation (HB 1330), which would impose extensive new data reporting requirement on property casualty insurers would not help consumers …

$2.9M Settlement in Case of Infant who Became Stuck During Delivery

Chicago attorneys Steven Levin and Jeffrey Martin reported they recovered $2.9 million in a settlement on behalf of a baby girl whose shoulder reportedly became stuck during childbirth. The doctors applied too much pressure to extract the infant, causing nerve …