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

Main Street America Implements New Claims Software

The Main Street America Group in Jacksonville, Fla. has implemented N’Site Solutions Inc.’s NSolutionssv4.net web-based service claims software to provide, host, modify and support its claims field adjusting from dispatch to completion. “N’Site’s solutions will provide our claim representatives with …

LWCC Receives Ward’s 50 Designation for Fifth Year in a Row

The Louisiana Workers’ Compensation Corporation announced it has been named to the 2006 Ward’s 50 Group, a distinction that recognizes the 50 top performing property and casualty insurers in America. LWCC was selected from among more than 3,000 property-casualty insurance …

Transfer Ark. Farmer’s Suit To Federal Court, Helena Chemical Asks

An Arkansas farmer’s suit accusing two former owners of a chemical plant of contaminating nearby cropland and irrigation wells should be heard in federal court, not Phillips County Circuit Court, the defendants say. The two companies named in the suit …

Texas Mutual Pays $100 Million in Policyholder Dividends

Texas Mutual Insurance Company announced it has begun distributing about $100 million in individual dividends. Approximately 34,000 policyholders will receive a share of the dividend payout, the largest in company history. “We’re not talking pocket change,” Kenneth McCown, vice president …

Allstate Says it Can Drop Basic Hurricane Coverage in La.

Allstate Insurance Co. officials say Louisiana state law allows the company to drop basic hurricane coverage for 30,000 policyholders in 18 coastal parishes – a stand that state Insurance Commission Jim Donelon is challenging. The company does not plan to …

Safety Board: Ethan Allen Capsizing Caused By Too Many Passengers

The National Transportation Safety Board has determined that the probable cause of the capsizing of the Ethan Allen on New York’s Lake George last October was the vessel’s insufficient stability to resist the combined forces of a passing wave or …

Lax Record-keeping at Ohio’s Worker’s Comp Bureau Lowered Benefits

Hundreds of injured workers temporarily received less in state benefits than they deserved because of poor record-keeping at a scandal-plagued state insurance fund, according to a memo released Monday. The disclosure was the latest twist in the scandal surrounding the …

Ind. Judge Okays Settlement to Church Group, Insurer

A group helping rebuild the Church of God’s financial arm is to pay at least $4 million to investors who lost many millions more when their money was put in risky real estate deals rather than toward building churches. The …

Broker Security Breach Puts N.Y. Workers’ Comp Clients at ID Risk

The names, addresses and Social Security numbers of as many as 540,000 injured workers have been lost, and the state and a contracted company are trying to protect the workers from identity theft. In New York, company and state officials …

St. Paul Adding 600 Jobs in Conn.

St. Paul Travelers has announced plans to add about 600 jobs in Connecticut as it expands its operations. The property-casualty insurance company already has about 6,300 Connecticut employees, most of them in downtown Hartford. Company spokeswoman Marlene Ibsen said the …