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

Palm Springs Homes Evacuated as Wildfire Sweeps Through Dry Brush

A wildfire swept through dry brush near Palm Springs, Calif., early Thursday, threatening homes and businesses and forcing evacuations. The blaze had burned more than 800 acre (320 hectares) within its first six hours, and 25 mph (40 kph) wind …

Second Criminal Complaint Filed Against Placer County Broker

California Insurance Commissioner John Garamendi is asking consumers across the state to contact the California Department of Insurance (CDI) if they believe they have been victimized by Roseville insurance broker Mindy Elizabeth Latorre. The 34-year-old Lincoln woman has been charged …

Many California Hispanics Not Aware of Uninsured Motorists Requirements

On Oct. 1, 2006, the California Department of Motor Vehicles began enforcing Senate Bill 1500 that requires the DMV to suspend a vehicle’s registration if the vehicle does not have a valid insurance policy or bond. According to Innfinity Insurance, …

Okla. District Attorney Indicted for Embezzlement

A Multicounty Grand Jury indictment unsealed recently in Oklahoma’s Cherokee County District Court accuses District Attorney Richard Gray of embezzling money seized as evidence in drug investigations, state Attorney General Drew Edmondson said. Gray, the district attorney for Adair, Cherokee, …

Lawmakers: AP’s New Orleans Insurance Analysis Points to Need for Legislation and Outreach

An Associated Press analysis showing white homeowners in New Orleans were three times as likely as minorities to appeal insurance settlements after Hurricane Katrina points to a deep racial imbalance and the need for greater outreach, lawmakers said Oct. 25. …

Profits Surge at Chubb; Professional Liability Continues Improvement

The Chubb Corp. reported that net income in the third quarter of 2006 was $604 million, or $1.43 per share, compared to $246 million, or $0.60 per share, in the third quarter of 2005. Operating income increased to $579 million, …

Third Quarter Earnings Drop Slightly at Commerce Group

The Commerce Group, Inc. reported 2006 third quarter net earnings were $56.5 million, or $0.83 per diluted share, compared to net earnings of $59.8 million or $0.88 per diluted share for 2005. Included in the 2006 third quarter results are …

S.C. Smoking Ban Expands

Bars and restaurants in the city of Greenville and Beaufort County are a step closer to becoming smoke free. Council members in both governments gave initial approval Monday to proposed smoking bans in public places. Greenville City Council voted unanimously …

Apex, N.C. Fire Chief Predicted Heavy Loss From Chemical Fire

Apex’s fire chief told a North Carolina state task force this week that he was prepared to lose an entire city block when a chemical fire ignited an industrial waste recycling plant earlier this month because he didn’t know what …

Regional Reporting Inc. Announces Calculations Milestone

New Technology Helps Keep Industry Veteran on Top Stamford, CT – National consulting and insurance services firm Regional Reporting, Inc., announced today that its customers have completed more than 100,000 calculations using the patented XML technology of e2Value, Inc. Regional …