Monthly Archives: <span>January 2007</span>

NovaPro Risk Solutions Relocates San Diego Office

NovaPro Risk Solutions, a national provider of outsourced claims solutions, announced that it has relocated its San Diego headquarters. The previous location was 610 West Ash St. The new address is: NovaPro Risk Solutions 401 West “A” Street, Ste. 1400 …

Calif. Farmers and Workers Get Aid after Freeze Destroys Crops

Aid has cropped up for California workers and growers hurt by a devastating cold snap that froze more than $1 billion in crops and left thousands jobless. Gov. Arnold Schwarzenegger announced he had issued an executive order to waive a …

Feds Approve Emergency Loans for Snowbound Colorado Ranchers

The federal government agreed Friday to make emergency loans available to ranchers and farmers in 10 southeastern Colorado counties after devastating snowstorms left thousands of cattle dead. The loans will be available in Baca, Bent, Crowley, El Paso, Huerfano, Kiowa, …

Ex-NFL Star Terrell Davis Settles Lawsuit against Insurance Company

Former Denver Broncos star Terrell Davis has settled his lawsuit against an insurance company stemming from a scuffle at an Emmy Awards afterparty, his attorney said. Davis sued Liberty Mutual Fire Insurance Co. in September for breach of contract over …

Safeco Fourth Quarter Conference Called Changed to 12 p.m EST

Seattle-based Safeco (NYSE:SAF) has updated the time of its fourth-quarter and year-end conference call to Tuesday, Jan. 30 at 12 p.m., Eastern Time. A live Webcast of the presentation will be available on Safeco’s Web site: www.safeco.com/irwebcast at tha time. …

La. Rental Repair Program to Begin, 18 Months After Katrina

Small landlords form the backbone of much of the housing market in the New Orleans area, but rebuilding aid for mom-and-pop rental property destroyed by Hurricane Katrina has lagged. An $869 million recovery program set to begin taking applications Monday …

TDI Offers Resources on Insurance Careers

The Texas Department of Insurance announced it has a new interactive resource on the agency’s Web site, http://www.tdi.state.tx.us/commish/careers.html, describing careers available in the insurance industry: from agents to underwriters to jobs many outside the industry may not have considered. With …

ProMutual Plans No Rate Increase in 2007 for Mass. Physicians

Medical Professional Mutual Insurance Co. (ProMutual) will not increase its rates for physicians, surgeons, dentists and certified nurse midwives in Massachusetts for 2007. If the proposed rates are approved, the company said that many policyholders will see a decrease in …

S&P Publishes Lloyd’s Syndicate Review

Standard & Poor’s Ratings Services reported that it has preliminarily reviewed its Lloyd’s Syndicate Assessment (LSA) coverage for 2007. S&P said it will “undertake a full review of the LSAs upon receipt of the year-end report and accounts for 2006.” …

FERMA Urges Members to Develop Environmental Liability Products

Warning that “European businesses face uninsurable environmental impairment risks,” the Federation of European Risk Management Associations (FERMA) called on insurers to be less “risk averse.” It urged members to “develop products that will allow businesses to protect themselves against new …