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

Texas Orders Unlicensed Company to Stop Selling Travel Insurance

The Texas Department of Insurance (TDI) has issued an emergency cease and desist order against Trip Assured Inc., which has been selling travel insurance in Texas without a license. Trip Assured, based in Crossville, Tenn., has engaged in the business …

FEMA to Begin Assessing Ohio’s Lake County Flood Damage

Federal officials who plan to assess flood damage in northeast Ohio and residents still needing to clean up will have to work in searing heat. The National Weather Service issued a heat advisory for Monday and Tuesday in several parts …

La. Commissioner Says Allstate is not Leaving State

After a July 31 meeting between Louisiana Commissioner of Insurance Jim Donelon, Governor Kathleen Blanco and Allstate President Thomas J. Wilson regarding Louisiana’s homeowners market and Allstate’s presence in Louisiana, Donelon said although the company indicated it will continue to …

W. Va. Employers Face BrickStreet Deadline Today

West Virginia employers who haven’t made a premium payment for the second half of 2006 to insurer BrickStreet have one last opportunity to retain workers’ compensation coverage. BrickStreet mailed more than 12,500 notices of cancellation to policyholders who failed to …

Federal Grants for N.H. Flooding Top $8 Million

The federal government has provided New Hampshire with more than $8.2 million in relief grants for May’s floods. The Federal Emergency Management Agency reported providing the most grants, $780,059, to Salem residents since the July 24 application deadline. Manchester received …

OSHA to Probe Death at Kentucky Steel Mill

The federal Occupational, Safety and Health Administration will investigate the death of a worker at a steel mill construction site in Mississippi’s Lowndes County. County Coroner Greg Merchant said Tony Vic Chebalier, 46, of Palestine, Texas, was “run over by” …

Black Leaders Seek Meeting with Bush on Gulf Coast Recovery

Black leaders said they would ask for a meeting with President Bush to address the needs of the Gulf Coast and solutions for speeding up recovery there as the one-year anniversary of Hurricane Katrina approaches. Speaking on a panel at …

N.J. Statehouse Flooding Has Cost in Excess of $2 Million

Flood damage at the New jersey Statehouse parking garage that was built in a Delaware River flood plain has cost the state about $2 million since September 2004, according to state officials. The 1,100-space garage in Trenton was opened in …

Pa. Firm Settles Salmonella Cases; Battles Among Insurers Next

The Pennsylvania-based convenience store chain Sheetz Inc. has settled all but a few customer lawsuits spawned by salmonella-tainted tomatoes sold at its stores two years ago. But complicated legal battles involving Sheetz, insurance companies and food suppliers must now settle …

Hannover Re $150 Million Cat Bond Covers European Windstorm Risks

Germany’s Hannover Re announced that Eurus Ltd., a special purpose vehicle, has issued a CAT bond with a volume of $150 million, giving the reinsurer windstorm protection with immediate effect for a term of approximately three years, covering seven European …