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

Engineers Say Terminology Alarms Consumers after Minn. Bridge Collapse

State highway officials around the country want the government to stop scaring the public by using dire-sounding phrases such as “structurally deficient” and “functionally obsolete” to describe bridges in need of repairs. In interviews and documents obtained by The Associated …

Ratings Roundup: Milli Re, Gulf, Connaught, Bahrain Kuwait, Gerling

A.M. Best Co. has affirmed the financial strength rating of ‘B+’ (Good) and the issuer credit rating (ICR) of “bbb-” of Turkey’s Milli Reasurans Turk Anonim Sirketi (Milli Re) with a positive outlook, which Best said “reflects Milli Re’s maintenance …

Democrats Push OSHA to Regulate Worksites with Popcorn Flavoring

That buttery taste and smell of microwave popcorn may have caused a deadly lung disease in workers who package it. While there’s no evidence of any danger to the millions of people who eat it, Congress is taking action. Rather …

Hurricane Lorenzo Strikes Mexico

Lorenzo, a category 1 hurricane, has come ashore along the east-central coast of Mexico. The storm is “moving toward the west near 8 mph [13 km/hr]” according to the latest bulletin from the National Hurricane Center in Miami. “Maximum sustained …

Ind. Ex-Funeral Director Pleads Guilty to Insurance Fraud Charges

A former Indiana funeral home director accused of cashing in policies totaling more than $100,000 on 27 people who were still alive has pleaded guilty to four counts of insurance fraud. The plea agreement calls for Kent Kellogg, 51, of …

Memos Called for Safety Help at N.Y. Bank Tower Before Fatal Fire

In memos written months before a fire at a condemned ground zero skyscraper killed two firefighters, a former construction chief urged the state owners to add staff and funding to the project to ensure it was safe. The state agency …

W. Va. Commissioner Tells Drivers to Watch for Wildlife, Avoid Crashes

The Insurance Commissioner of West Virginia said an annual study estimates that just over 21,000 deer-vehicle claims were presented last year to insurers of West Virginia drivers. Commissioner Jane L. Cline said along with the fall season comes an increase …

Insurers Outline Consequences of No-Fault Law Expiration in Florida

For the vast majority of policyholders, nothing will change on Oct. 1. Policyholders will still maintain the insurance coverage they had in place on Sept. 30 for the duration of their contract. Auto insurance policies are renewed every six months …

ISO Data Named Statistical Agent for Med Mal Insurance in Okla.

Oklahoma Commissioner of Insurance Kim Holland has designated ISO Data Inc. (ISO) as the statistical agent for medical malpractice insurance in her state, according to the commissioner’s amended Bulletin No. PC 2007-02. ISO will assist the commissioner in gathering and …

Colo. Releases Tools for Consumers to Check Insurance Company Complaints

The Colorado Division of Insurance has released two references to help consumers make more informed decisions about buying insurance: an Interactive Complaint Ratio search tool and the Consumer Complaint Ratio Report. The Interactive Complaint Ratio (www.dora.state.co.us/insurance/pb/pp.htm#complaintratio) is an online tool …