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

Countrywide Names Hendry COO, Managing Director

Calabasas, Calif.-based Countrywide Insurance Group, a member of the Countrywide Financial Corporation (NYSE: CFC) family of companies, named Myron Hendry as managing director and chief operating officer of Countrywide Insurance Group. Hendry will be tasked with ensuring that Countrywide Insurance …

Jury Selection Begins in La. Hurricane Lawsuit Against Allstate

After Hurricane Katrina demolished Robert and Merryl Weiss’ New Orleans-area home, they were paid hundred of thousands of dollars by their insurance company. But they say it isn’t enough. Jury selection began April 9 in the Weisses’ lawsuit against Northbrook, …

Texas DWC Changes Effective Date for Required Treatment Planning

The Texas Department of Insurance, Division of Workers’ Compensation has submitted to the Texas Register an emergency rule to change the date on which treating doctors in the workers’ compensation system are required to complete a treatment plan for non-network …

Texas Arson Hotline Nets Three Arrests in Store Fire

A call to the Texas Arson Hotline resulted in the arrest of three Sul Ross State University students following a fire in an Alpine, Texas, convenience store, according to A Texas Advisory Council on Arson (ATAC), which funds the hotline. …

USI Holdings Granted Limit on Copyright Damages

USI Holdings Corp. reported that a federal court has granted its motion for partial summary judgment on a statue of limitations issue in the copyright infringement action William A. Graham Company v. Thomas P. Haughey and USI MidAtlantic, Inc. (U.S. …

Consumers Value ID Theft Prevention Over Financial Reimbursement

Consumers are more concerned with getting identity safeguards than financial loss reimbursement from online banks, a new study suggests. The study also reveals that that 9 out of 10 web users are willing to sacrifice convenience for stronger security protection …

AIG Auto to Test Drive Tracking System for Teen Drivers

Direct marketer AIG Auto Insurance announced it will pilot a Teen GPS Program for policyholders with teen drivers. The program uses Global Positioning System, or GPS, technology to allow parents of teen drivers to monitor the location of the teen’s …

New Cottages Offer Hope to Mississippi Residents Still in FEMA Trailers

Renee McDaniel is not unlike many residents on the Mississippi Gulf Coast: Her home was destroyed by Hurricane Katrina, her family is packed into a government-issue trailer and her insurer paid just enough to replace the battered roof on her …

Conn. Study Ties Teens’ Risky Behavior, Drunk Driving to Race

White teenagers in Connecticut are more likely to drive drunk, and black and Hispanic teens are more likely to engage in risky sex, according to a study by the nonprofit Connecticut Voices for Children. The stud looks at racial and …

Solomon Disaster Exposes Earthquake Monitoring System Weaknesses

Two years before a deadly earthquake-triggered tsunami pummeled the Solomon Islands, scientist Fred Taylor’s request for U.S. funds to set up a Pacific seismic monitoring network was flatly rejected. Then there is Phil Cummins of Geoscience Australia, who is still …