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

Mich. H.E.A.T. Auto Theft Program Honors Top Leaders

Michigan’s H.E.A.T. (Help Eliminate Auto Thefts) program celebrated its 22nd anniversary with a special awards ceremony and breakfast this week. According to H.E.A.T. officials, since its inception in 1985, H.E.A.T., with its partners in law enforcement and the insurance industry, …

NetRate Systems Introduces ‘Black Box’ Component for ISO Commercial Lines Rating

Okemos, MI October 26, 2007 – NetRate Systems, Inc. (Okemos, MI), a leading supplier of ISO® Commercial Lines Rating software for the MGA and carrier marketplace, has announced the availability of component objects for ISO® Commercial Lines Rating designed to …

Hawaii Commissioner Approves 19.3% Workers’ Comp Decrease

Hawai’i Insurance Commissioner J.P. Schmidt has approved a 19.3 percent decrease in loss costs for workers’ compensation insurance, based on a filing by the National Council on Compensation Insurance (NCCI). NCCI originally filed for a 16.8 percent decrease in loss …

Walgreen Ordered to Pay $6 Million to Family of OD Victim

The Arizona family of a high-school wrestling coach who died of an interaction between two pain medicines has won a $6 million wrongful death award from pharmacy company Walgreen Co. Lawyers for the family of Coconino High School coach Eric …

Oregon Motorcycle Fatalities Rise with Aging Riders

The motorcycle fatality rate in Oregon is climbing along with the size of bikes’ engines and the age of riders. The number of riders who are killed, as measured by deaths per 10,000 registered motorcycles and per million vehicle miles …

Fitch: Calif. Wildfires May Be Largest U.S. Wildfire Insured Loss Ever

Insured losses from wildfires continuing to spread in Southern California could likely become the costliest catastrophe insured loss event in 2007 and may potentially become the costliest wildfire catastrophe insured loss event ever for the property/casualty insurance industry, according to …

La. Agent Fined $14K, Told to Cease Business of Insurance

An Angie, La., insurance agent was issued a cease and desist order, summary suspension and served with a $14,000 civil fine notice recently for alleged misappropriation, document forgery and filing false public documents, the Louisiana Department of Insurance reported. Kimberly …

S.D. Report Shows Reduction in Traffic Deaths

Traffic accidents in South Dakota have killed 120 people so far this year. That’s a 21 percent reduction, or 31 fewer deaths, than in the same period a year ago. Brooke Bohnenkamp, state Public Safety Department information officer, said there …

National Transportation Safety Board Still Investigating Minn. Bridge Collapse

Investigators with the National Transportation Safety Board (NTSB)continue to interview motorists who were on the Interstate 35W bridge when it collapsed more than two months ago and expect to conclude their investigation in Minneapolis by late November, the agency said …

Judge Cuts $12 Million Award to Conn. Man in GE Job Bias Case

A federal judge has cut $5 million from a more than $12 million jury award that found General Electric discriminated against and illegally fired a chief engineer. Fifty-three-year-old Hemant Mody of Avon, Conn. never saw any of the award. Mody …