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

Maine Bill to Ban Teen Drivers’ Cell Phone Use Advances

A bill to ban teen drivers in Maine from using cell phones and other electronic devices has won unanimous approval from a legislative committee. The original bill was supposed to ban the use of hand-held cell phones by minor drivers, …

U.S. Grand Jury Subpoenas Allstate, Nationwide over Katrina Claims

Allstate Corp. and Nationwide Mutual Insurance Co. have been subpoenaed by a federal grand jury investigating the insurance industry’s handling of Hurricane Katrina claims in Mississippi, the companies said. Allstate, the nation’s second-largest property and casualty insurer behind State Farm, …

S&P Lowers RVI Guaranty Ratings

Standard & Poor’s Ratings Services has lowered its rating on R.V.I. Guaranty Co. Ltd., R.V.I. America Insurance Co., and R.V.I. National Insurance Co. (collectively referred to as RVI) to “A-” from “A” and assigned them a negative outlook. “The downgrade …

Michael Moore’s ‘Sicko’ a Success at Cannes Film Festival

“Sicko,” Michael Moore’s attack on the U.S. health care system, got a warm welcome at Cannes Saturday that marked the director’s triumphant return to the film festival and a respite from the controversy his work has started at home. More …

Kentucky Chicken Plant Shut Down After Inspection

Work was suspended after an inspection at a western Kentucky chicken processing facility that prepared chicken served to Queen Elizabeth II recently, officials said. The suspension happened last week after a U.S. Department of Agriculture inspection raised an unspecified concern …

N.C. Insurance Department Disagrees with Trial Lawyers on Rates

The North Carolina Insurance Department said it won’t further investigate the state’s largest medical malpractice insurer, saying it disagrees with a trial lawyers’ association report accusing the company of excessive physician rates. The department reviewed data prepared for the N.C. …

Hurricane Chief: Millions Wasted on NOAA Publicity Campaign

The federal government is spending millions of dollars on a publicity campaign while its hurricane forecasters are struggling with budget cuts, according to the National Hurricane Center’s director. The National Oceanic and Atmospheric Administration is spending up to $4 million …

Security Again in Focus After 2nd Vehicle Mars W. Va. Capitol Complex

The second vehicle crash on the pedestrian-only campus of the West Virginia Capitol Complex is probably not going to prove as costly to repair as one that occurred in March, state officials said. Robert Davis, 76, apparently steered his Plymouth …

NetRate Systems, Inc. Announces Agreement with Cal-Regent

Okemos, MI. – NetRate Systems, Inc. (Okemos, MI) is pleased to announce an agreement with Cal-Regent Insurance Services, Inc. (Santee, CA) to implement the NetRate Systems Commercial Lines Rating System. The NetRate System will include these NetRate Modules: NetRate Rating …

Fla. Workers’ Comp Fraud Results in 14-Year Prison Sentence

The former owner and operator of a now-defunct professional employee organization, Miralink Group Inc., left thousands of workers in Florida and several other states without workers’ compensation coverage despite collecting more than $5.8 million in premiums. One woman, facing mounting …