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

Some Miss. Coast Homeowners Won’t Have to Repay Grant

Policyholders who settled Hurricane Katrina lawsuits confidentially with insurance companies can keep those payments, along with federal grants for structural damage other homeowners were ineligible to receive or must repay. A federal grant modification that created the situation has gone …

Botulism Scare Prompts Voluntary Castleberry Recall

Castleberry’s is working with the U.S. Food and Drug Administration, the U.S. Department of Agriculture, and the Centers for Disease Control and Prevention to investigate possible contamination of these products with Clostridium botulinum, a bacterium which can cause botulism – …

Kan. Praeger Says $9.1 Million Given to Firefighter Relief Associations

Kan. Insurance Commissioner Sandy Praeger recently announced that nearly $9.1 million is being distributed to Firefighter Relief Associations from the Firefighters Relief Fund this year. This important fund, administered by the Kansas Insurance Department, distributes moneys to local associations for …

Pa. Decides Now Not Time to Reduce State’s Medical Malpractice Coverage

There is not evidence of sufficient market capacity at the current time to mandate an increase in primary medical malpractice insurance limits in Pennsylvania, Deputy Insurance Commissioner Randy Rohrbaugh has ruled. He was responding to a proposal in state law …

La. Gov. Vetoes Bill to Sell All State-Backed Insurer Policies

Louisiana Gov. Kathleen Blanco on July 20 vetoed legislation to sell off all policies covered by the state “insurer of last resort,” a bill that conflicted with her own plan to reduce the size of the firm. The bill by …

N.D. Workers’ Compensation Program Selects Aon’s Valley Oak Systems

Valley Oak Systems, Inc., an Aon company and provider of insurance solutions, today announced that Workforce Safety & Insurance (WSI), North Dakota’s exclusive workers’ compensation carrier, has selected Valley Oak’s flagship iVOS solution as its new workers’ compensation system. WSI …

After Formaldehyde Complaints, FEMA to Test Air Quality in Trailers

Federal agencies will test air quality in trailers housing Gulf Coast hurricane victims, an official said July 20, a day after documents revealed that government lawyers discouraged investigating reports of high formaldehyde levels in them. The Federal Emergency Management Agency …

AAA Michigan Partners with Auto Theft Group

AAA Michigan announced today they have partnered with H.E.A.T (Help Eliminate Auto Thefts) to provide specially trained operators to answer the auto theft tip line, 1-800-242-HEAT, 24 hours a day, seven days a week. H.E.A.T. is Michigan’s statewide auto theft …

Guy Carpenter Readies Revised London Flood Model

Guy Carpenter Developing New London Flood Model for Insurers Model Will Provide the Most Accurate Solution Available To Insurers for London Flooding Global insurance and risk specialist Guy Carpenter & Co., LLC, reported that its Instrat unit, which provides quantitative …

Midwestern States Push for Truck-only Lanes

With truck traffic rising, at least nine states are considering proposals to separate big rigs from cars on interstate highways, hoping to reduce congestion, improve safety and increase commerce by moving goods faster. The highways are heavily traveled and are …