Monthly Archives: <span>January 2008</span>

Iowa Landlord Convicted of Fraud Ordered to Pay $1.9 Million in Damages

A Cedar Rapids, Iowa landlord was convicted this week of receiving insurance payments based on false claims, and the federal jury ordered him to pay $1.9 million in damages. Robert Miell, 53, was found guilty of insurance fraud and breach …

States Prevail Over Industry with Tougher Chemical Security Laws

The federal government won’t override New Jersey’s chemical security laws, which are tougher than the national standard, thanks to a provision pushed by Sen. Frank Lautenberg. Lautenberg, D-N.J., was in Jersey City with state Environmental Protection Commissioner Lisa Jackson and …

Deported Illegal Immigrant Returns To R.I. for $30K Injury Settlement

An illegal immigrant from Mexico has won $30,000 in a settlement with his former Rhode Island employer after accidentally injuring himself with a chain saw. Edgar Velasquez, who worked for a tree service company in Warwick, was chopping tree branches …

AIA Names Slovin Legislative Advocate for Hawaii

Gary M. Slovin will serve as legislative advocate in the State of Hawaii for the American Insurance Association. AIA advocates on behalf of property and casualty insurers at the state and federal level and has local counsel in all 50 …

Who Is Best Prepared for a Disaster?

Men and women are on different pages when it comes to disaster preparedness, with males typically believing they are more prepared than women, according to a national survey by AxcessPoints, a California-based online disaster preparedness service that helps consumers safeguard …

Tort Trends Likely to Remain Stable in 2008, Finds I.I.I. Survey

Tort trends will likely remain stable in the year ahead, according to a survey conducted by the Insurance Information Institute (I.I.I.) at its 12th annual Property/Casualty Insurance Joint Industry Forum. Sixty-six percent of the executives polled believed tort trends in …

State Court Will Hear Katrina Flood Claim Case

The Louisiana Supreme Court will hear arguments Feb. 26 to decide whether homeowner insurance policies cover water damage done to thousands of south Louisiana properties when the levees broke after Hurricane Katrina. Joseph Sher, a 91-year-old Holocaust survivor and resident …

S&P Affirms, Withdraws Westport Ratings after Merger with Employers Re

Standard & Poor’s Ratings Services has affirmed its ‘AA-‘ financial strength rating on Westport Insurance Corp. and then withdrew the rating at the request of management. The outlook had been stable. “The rating actions on Westport follow the merger announced …

Florence Man Sentenced for 2006 Arson Wildfires

A 20-year-old Florence man who is serving a 10-year prison term for fires set in western Montana in 2006 was given a 20-year probationary sentence in Missoula County. Jonah M. Warr was sentenced to two 20-year suspended sentences with the …

Two Explosions Reported at Louisville Chemical Plant

A fire broke out at a chemical plant in west Louisville, Ky. forcing an evacuation of employees, a plant spokesman said. No injuries were reported at the BASF Corp. plant, which makes pigments for printing, ink, paint and plastics, and …