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

National Safety Group Supports 2008 OSHA Budget

Des Plaines, Ill.-based The American Society of Safety Engineers (ASSE) said it supports the Occupational Safety and Health Administration’s (OSHA) budget request for fiscal year 2008 of $490.3 million and intends to support efforts to achieve funding levels from Congress. …

Agents Welcome Windstorm Debate; Insurers Warn Against Subsidies

The Independent Insurance Agents & Brokers of America (the Big “I”) says the debate over windstorm coverage is crucial for consumers and independent agents and brokers in many regions throughout the country. However, the group stopped short of endorsing a …

N.C. Halts Sales By Insurer Accused of Selling Unlicensed Flood Insurance

North Carolina Insurance Commissioner Jim Long announced that an emergency cease and desist order was served on Continental Casualty Insurance Group, a company his department believes has targeted property owners in Topsail Beach with offers of low-cost flood insurance. The …

Iowa Wellmark Insurance Sues Hospitals to Stop Building Plan

Iowa’s largest health insurance company filed a lawsuit this week to stop three health care organizations from building hospitals without seeking state approval. Wellmark Inc., widely known as Wellmark Blue Cross and Blue Shield, filed the lawsuit in Polk County …

Families File Wrongful Death Suit in Milwaukee Warehouse Explosion

The families of three factory employees killed in a warehouse explosion filed a wrongful death lawsuit, saying a contractor improperly installed a propane pipeline and should have ordered an evacuation sooner. The propane blast at Falk Corp. shook downtown Dec. …

Scaffold Deaths Move N.Y. City Officials to Push Safety Measures

An alarming number of accidents occurred on scaffolding suspended from the tops of skyscrapers in New York City last year, city officials said this week as they presented several measures intended to improve safety. In 2006, there were 20 incidents …

Fla. Charges 2 Insurance Brokers, 1 Other in Major Workers’ Comp Fraud

Three Floridians including two insurance brokers have been charged with fraud and conspiracy for allegedly providing hundreds of workers with falsified workers’ compensation insurance certificates to more than 300 Florida construction contractors. A 21-count federal grand jury indictment names two …

Tenn. Rakes in Penalties from Workers’ Comp Complaints

Tennessee’s Workers Compensation Penalty Program has collected close to $300,000 in penalties from insurance carriers and employers since it was created in 2004, officials said. In its first year, the program received 120 referrals resulting in 50 penalties totaling about …

Doctors Suspect Insurers’ Rankings Measure Cost, Not Quality

A less confident physician might have been humbled by the letters Dr. Mike Kelly received last year from two insurers. Regence BlueShield and UnitedHealthcare informed Kelly that he failed to qualify for their respective designations as a high-quality doctor. Health …

Best Lowers Tokio Marine Pacific Ratings

A.M. Best Co. has downgraded the financial strength rating to “A+” (Superior) from “A++” (Superior) and the issuer credit rating to “aa-” from “aa+” of Guam-based Tokio Marine Pacific Insurance Limited (TMPI), and has placed the ratings under review with …