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

Widows, Survivor of Explosion Sue Ky. Mine Owner, Pa. Company

A mine supervisor and a coal company put production over safety prior to an underground explosion last year that killed five miners, relatives and the sole survivor alleged Monday in a lawsuit. The lawsuit cited numerous safety violations issued by …

Insurance Exec Greenberg Praises U.S., China Leaders

Exclusive Video Interview Greenberg Interview, Take 1: World Leaders Former President Richard Nixon had a great grasp of foreign affairs and Bill Clinton was a fast learner. Those are among the opinions of recent world leaders offered by Maurice “Hank” …

getGuard™ Insurance Seeks Agents for New Program for Businesses Hit By Identity Fraud

Almost every business – from retail to healthcare to professional services – handles personal information such as credit card numbers, social security numbers, and healthcare records. Many businesses think they have insurance coverage for privacy liability. But, many traditional insurance …

Insurers Ask Colo. to Veto UIM Coverage

The National Association of Mutual Insurance Companies is urging Colorado Gov. Bill Ritter to veto Senate Bill 256, legislation concerning uninsured and underinsured motorists. In a letter to the governor, NAMIC warned that the legislation would hurt consumers. “On behalf …

Survey: 75% of Consumers Satisfied with Insurance Agents; Prefer Personalized Service

Three-quarters of consumers are very satisfied with the service provided by their insurance agents and remain committed to working with them in the future, according to a new survey of 1,000 American consumers commissioned by IBM. U.S. consumers want personalized …

Pennsylvania House Approves Ban on Emergency Services Fees

The Pennsylvania House has voted 190 – 7 to prohibit municipalities from billing insurers or citizens a fee when a police department is called upon to respond to a motor vehicle accident. The vote was cheered by insurers opposed to …

New Orleans-area Agent Shut Down by Regulators

A New Orleans/Metairie, La., insurance agent was issued a cease and desist order and summary suspension of her license by the Louisiana Department of Insurance for alleged misappropriation of insurance funds. Quiana Natosha Jones was served by the department’s Fraud …

New Maryland Law Targets Staging Accidents for Insurance Money

Maryland became only the second state to make staging an car accident to steal insurance money a specific crime when Gov. Martin O’Malley signed a bill into law last week. According to the Coalition Against Insurance Fraud, the new law …

Delaware Judges Want Say in Private Equity Liability Cases

Judges in Delaware’s famed business court are keeping a close eye on legal issues cropping up amid the recent wave of private equity buyouts of public corporations. In recent rulings, Court of Chancery judges have signaled that Delaware, corporate home …

Corps of Engineers, Mo. Property Owners Assess Levee Damage

As floodwaters recede along the Missouri River bottoms, some areas remain at risk because their levees are broken. “The flood is not over for me if there’s still a hole in the levee,” said Tom Waters of Orrick, chairman of …