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

Calif. State Fund Severs Ties with Group Administrator

California’s State Compensation Insurance Fund has terminated its relationship with Western Insurance Administrators (WIA), State Fund Spokeswoman Jennifer Vargen has confirmed. Based in Long Beach, Calif., WIA previously was the administrator for eight SCIF safety groups and touted it was …

State Farm Honors Wis. Resident at Women Awards Presentation

Bloomington, Ill.-based State Farm Insurance recently honored exceptional women across the country during the Embrace Life Awards luncheon held in New York City. Each year the Awards recognize five remarkable women who have inspired others by doing extraordinary things despite …

LWCC Promotes Bourg to Claims Manager

Louisiana Workers’ Compensation Corporation (LWCC) has promoted Jamie Bourg to claims manager for the company’s large accounts team. According to the company’s announcement, Bourg will manage and direct the claims department, including claims handling and investigation, and return-to-work for injured …

Texas Sets Discount, Interest Rate for Oct. 1 – Dec. 31, 2007

The Texas Department of Insurance Division of Workers’ Compensation has determined 7.66 percent to be the rate for any interest or discount provided for in workers’ compensation statute. The rate is effective Oct. 1, 2007, through Dec. 31, 2007. This …

P/C Insurers’ Underwriting Results, Profitability Slip in First-Half 2007

The U.S. property/casualty insurance industry’s overall profitability as measured by its annualized rate of return on average policyholders’ surplus (or statutory net worth) slipped to 13.1 percent in first-half 2007 from 13.5 percent in first-half 2006 as underwriting results deteriorated. …

Woman Injured by Toilet Gets $1.2 Million from Trump Atlanic City Casino

The Trump Taj Mahal Casino Resort has reached a $1.2 million settlement with a Philadelphia woman who claimed she was injured when the toilet she was sitting on broke away from the wall in her hotel room bathroom. Jean Ciocci, …

Maine Court: Deputy Injured by Own Police Car Covered by Personal Policy

A sheriff’s deputy who was run over by his own police vehicle after it was stolen by a Jefferson man on Christmas five years ago is entitled to compensation from his personal car insurance company, Maine’s highest court ruled. The …

Owner of Vacant Ground Zero Skyscraper Vows Improved Safety

The owner of an abandoned ground zero skyscraper where two firefighters died said it will fix hazardous stairwells, clear out combustible debris and make several other safety changes. Officials said shortly after the Aug. 18 blaze that the firefighters who …

Gravel Company Seeks Damages Recovery from Military for N.J. Blaze

Four homes were destroyed and 37 other damaged by a raging forest fire in the Pinelands last May, but a sand and gravel company is seeking more than 98 percent of the damages sought from the military for causing the …

Anchor Consulting Group Provides Innovative IT Service Plans for Insurance Industry

Los Angeles- Anchor Consulting Group, one of the leading IT consulting firms in Southern California, is meeting the distinctive IT support needs of the insurance sector with industry-specific strategic service plans which allow Anchor to proactively monitor their clients’ networks …