February 8, 2007
Texas Mutual Insurance Company reported that Patricia Chavez of Sabinal, Texas pleaded guilty to workers’ compensation fraud-related charges. The Travis County 390th Judicial District Court sentenced Chavez to three years of deferred adjudication. The court also ordered Chavez to perform …
February 8, 2007
With nearly 650 traffic fatalities each year, Arkansas has a higher rate of deaths on streets and highways than 41 other states, according to a report released by a national transportation research group. “Getting Home Safely: An Analysis of Highway …
February 8, 2007
Louisiana state senators say they will ask Congress to have the federal government insure homes against hurricane damage, as it does for floods. “Y’all won’t sell it, so why not get the federal government to do it?” Sen. James David …
February 8, 2007
A Wisconsin state appeals court has revived a wrongful death lawsuit in a dispute over whether a family and its insurance company could be liable because a teenager who drove through a stop sign and caused a fatal crash was …
February 8, 2007
The State Auto Insurance Cos., a regional property and casualty insurance group, has announced enhanced coverage for customers who have installed technology that can help quickly recover stolen vehicles or equipment. State Auto will reimburse the insured’s deductible on personal, …
February 8, 2007
An Atlantic County man previously convicted of insurance fraud has been named in a new state grand jury indictment charging him with arson, according to New Jersey Attorney General Stuart Rabner and Criminal Justice Director Gregory A. Paw announced that …
February 8, 2007
Bermuda-based Aspen Insurance Holdings Limited will release its fourth quarter and year-end 2006 financial results today, Thursday, February 8, 2007, following the closing of the U.S. markets. The Company will hold a conference call to discuss its financial results on …
February 8, 2007
Global insurance broker Willis Group Holdings Limited posted strong results for the quarter and year ended December 31, 2006, reporting that commisions and fees increased by seven percent in 2006 up from zero percent in 2005. Separately, the Board of …
February 8, 2007
Bermuda’s XL Capital reported net income available to ordinary shareholders for the quarter ended December 31, 2006 of $471.1 million, or $2.62 per ordinary share, compared with a net loss of $821.9 million, or $5.51 per ordinary share, for the …
February 8, 2007
Citizens Property Insurance Corp. paid out more than $520,000 in claims payments to policyholders affected by the Feb. 2 storms according to a company official. “We’ve paid $521,951 in damage claims and have another $200,000 in checks that are being …