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

Report: N.C. Kids Suffer from Unsafe Homes

Unsafe housing in North Carolina is leaving children with myriad injuries, including broken limbs from falling through rotten floors and asthma from breathing air contaminated by roach and ant droppings, according to a new report. N.C. Housing Coalition, an advocacy …

Judge Denies Delay in R.I. Lead Paint Cleanup

Plans for a large-scale cleanup of Rhode Island homes contaminated with lead paint can move forward, a judge ruled this week, denying a request by manufacturers who lost a landmark lawsuit to delay the process. A jury verdict last year …

Best Affirms Glacier Re ‘A-‘ Ratings

A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating of “a-” of Swiss-based Glacier Reinsurance AG and its subsidiary, Glacier Insurance AG, which is based in Liechtenstein. Best also revised its rating …

Munich Re Q1 Net Stable; Announces Future Plans

Germany’s Munich Re Group reported that first quarter consolidated results rose slightly to €982 million ($1.33 billion) compared to €978 billion ($1.326 billion in the same period of 2006. Operating results, which excludes finance charges and taxes, actually declined by …

Fla. CFO Praises Lawmakers for Mitigation Program Legislation

Florida Chief Financial Officer Alex Sink applauded the Legislature’s passage of HB 7057, which makes improvements to the state’s My Safe Florida Home program. HB 7057 was sponsored by State Representatives Anthony Trey Traveisa, R-Tampa, Michael Grant R-Port Charlotte, Robert …

N.C. Insurance Pool for Chronically Ill Gets Initial House Approval

North Carolina would create a special health insurance pool for thousands of chronically ill people who are uninsured or can’t afford coverage in a bill tentatively approved by the House this week. The measure would create a pool to allow …

Miss. Elections Commission: Running as Democrat is Dale’s Only Option

The Mississippi Elections Commission said this week that Insurance Commissioner George Dale should not be allowed to seek office this year as an independent. “The only relief Dale is entitled to would be placement on the Democratic Party’s primary ballot,” …

Calif. State Fund Receives $100,000 in Fraud Restitution

Los Angeles Superior Court Judge David Horwitz has ordered Rogelio Mata, owner of Rogma Construction Services, to pay full restitution to the California State Compensation Insurance Fund of $100,000, after pleading no contest to one count of Insurance Code Section …

Oregon Reports 37 Workplace Deaths in 2006

The Oregon Department of Consumer and Business Services announced its 2006 figures for workplace safety. According to its data, 37 people covered by the state workers’ compensation system died on the job. The largest concentration of deaths occurred in logging …

10 Little Known Secrets Insurance Agents Should Know About Insurance Leads

People are more comfortable using the Internet than they used to be. Many insurance consumers start shopping for insurance online. QuotesAuction.com, an insurance marketing agency reports over 1 million visitors on a monthly basis to the network of websites it …