Monthly Archives: <span>February 2009</span>

Georgia Storms’ Early Damage Estimate Put At $25 Million

Sonny Perdue has declared a state of emergency in four Georgia counties following Wednesday’s violent storms that spawned 11 tornadoes, killing one person and injuring 22 others. Perdue issued an executive order Friday for Hancock, Jasper, Thomas and Warren counties. …

Atlanta Fire Department Faces Insurance Rating Amid Budget Cuts

The insurance industry is engaging in an on-site evaluation of Atlanta’s fire protection system for the first time in three decades, a process that could add millions of dollars to premiums. It is too early to tell whether Atlanta’s rating …

$1 Could Be Added to Colorado Registrations for Ambulances

Colorado drivers may have to pay another dollar on their vehicle registrations to support rural ambulance service. Car owners already pay a $1 trauma care fee. The state Senate gave initial backing to make it $2. The increase in Senate …

Washington Man Accused of Sinking His Own Yacht

Felony insurance fraud charges have been filed against a 50-year-old Seattle man who is accused of sinking his own motor yacht. King County prosecutors charged Brian A. Lewis with making a fraudulent insurance claim. Lewis has not been jailed. Court …

American Claims Management Announces Its Updated Brand & Website

San Diego, CA, 02/23/09 – American Claims Management, Inc. (ACM) is pleased to announce it has updated its company brand as of February 23, 2009. The national third party claims administrator’s objective is to create brand awareness and showcase their …

Iowa Insurance Company to Pay $13 Million in Patent Case

A Cedar Rapids-based insurance company has been ordered to pay about $13 million in a patent infringement case. A federal jury in Cedar Rapids returned the judgment recently against Transamerica Life Insurance Co., a subsidiary of Aegon. Transamerica had asked …

Rynsard Named Senior Manager at Steamship Mutual

Steamship Mutual, a protection and indemnity club providing marine liability insurance worldwide, announced that Gary Rynsard will succeed James Stockdale as senior partner of Steamship Insurance Management and chief executive of Steamship Insurance Management Services Ltd, effective Aug. 20, 2009. …

Home Burglaries Climb 4% in Texas

Allstate Insurance Company reports that number of home theft incidents for its policyholders in Texas rose close to 4 percent in 2008. Police say the sagging economy is a factor driving home theft numbers and big ticket items like computers …

Oliver to Retire as President of Texas Mutual Insurance Company

Russell R. Oliver, president of Texas Mutual Insurance Company since 1995, is retiring from the company at the end of August 2009, the company has announced. “I am very proud of Texas Mutual and our accomplishments, but it is time …

Federal Court Upholds Oklahoma Workers’ Right to Guns in Cars

A federal appeals court has ruled that Oklahoma’s law protecting employees’ rights to have a guns in their locked vehicles at work is constitutional. The Denver-based 10th U.S. Circuit Court of Appeals voted 3-0 to overturn a Tulsa federal judge’s …