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

Afsharnik Joins Wachovia Executive Liability Practice in N.Y.

Miles R. Afsharnik has joined Wachovia Insurance Services, Inc. as a vice president and National Claims and Legal Resource Director for the Executive Liability Advisors group. Afsharnik will be located in Wachovia Insurance Services’ New York office. In his new …

Insurers: Trial Bar Short on Facts in Katrina Charges

Trial attorneys’ charges that the insurance industry is putting profits over people in the handling of claims from Hurricane Katrina are being dismissed by industry trade groups. The Florida Insurance Council (FIC), joined by three national property and casualty trade …

A Year Later, Insurers Report 95% of Katrina Claims in La. and Miss. Settled

One year after Hurricane Katrina, the insurance industry says that nearly 95 percent of homeowners insurance claims have been settled in Louisiana and Mississippi, insurance companies have paid billions in storm damage claims and the vast majority of homeowners in …

Trial Attorneys Claim Insurers Putting Profits Over People in Katrina’s Wake

One year after Hurricane Katrina swept across the Gulf Coast, the Academy of Florida Trial Lawyers (AFTL) and the Association of Trial Lawyers of America (ATLA) are launching a national petition drive calling on insurance companies to put policyholders over …

Bechtel Won’t Get San Jose Airport Job Because of Insurance Issues

The job of upgrading Norman Y. Mineta San Jose International Airport won’t go to Bechtel Infrastructure Group, city officials announced. Negotiations between the city and the San Francisco-based contractor broke down over insurance issues. Instead, San Jose is talking with …

Insurance Costs Stop Volunteer Doctors in Idaho

A retired medical doctor in Coeur D’Alene, Idaho,who wants to donate his time to the Dirne Health Care Center in northern Idaho says he is unable to do so because medical malpractice insurance would cost him at least $10,000. Norman …

Crawford Acquires TPA Broadspire Services for $150M

Insurance claims management firm Crawford & Company and Platinum Equity have signed a deal under which Crawford will acquire Platinum’company Broadspire Services, a third-party administrator. Broadspire Services, a privately-held corporation, will be acquired by Crawford for total consideration of $150 …

Insurers Urge Tougher Building Codes for Fla. Panhandle in Today’s Vote

In its vote today, the Florida Building Code Commission should adopt the same windborne debris requirements for the Panhandle that are in place throughout Florida, insurers have urged. “The commission should adopt the broader standard established by the American Society …

Study Urges Better Efforts to Prevent Teen Worker Injuries

A new survey of 6,810 teens showed that more than half of them work, and 514 of them had been injured on the job. “The findings from this study clearly indicate that work-related injuries among youth are a significant health …

Coalition Says Insurer Group’s Disaster Plan is Insufficient

With the first anniversary of Hurricane Katrina one week away, the American Insurance Association (AIA) has unveiled a National Catastrophe Agenda designed to reinforce resilience to catastrophic hurricanes. But not everyone, including Allstate Insurance, agrees the AIA plan is the …