Monthly Archives: <span>March 2013</span>

New Study Finds Lower Acceptance of Insurance Fraud

According to new findings from an online Insurance Research Council (IRC) public opinion study, 24 percent of Americans believe it is acceptable to increase an insurance claim by a small amount to make up for deductibles they are required to …

XL Launches Yacht Coverage

To help yachts weather fair and foul seas, XL Group’s North America Marine insurance business unveiled ShipShape, a suite of recreational marine coverages tailored to the particular needs of yacht owners. “XL Group provides insurance for large marine risks across …

NRC Finds Flood Concerns at 2 Tennessee Valley Authority Nuclear Plants

The Nuclear Regulatory Commission has found substantial safety issues at two Tennessee Valley Authority nuclear plants involving flooding risks. The NRC found a total of six apparent violations at the Sequoyah and Watts Bar plants on the Tennessee River. In …

Colorado Drivers Could Use Phones to Prove Insurance

License, registration and proof of insurance. The officer’s request could soon be met in part using a smartphone in Colorado. The Colorado Senate voted unanimously Tuesday for an update to the state’s car insurance requirement. The change would allow drivers …

Oklahoma Bill Allows for Electronic Monitoring in Nursing Homes

A measure passed by the Oklahoma Senate would allow residents in nursing homes to install electronic monitoring devices in their private rooms. Senate Bill 587 also prohibits nursing facilities from refusing to admit any potential resident because they want their …

Damage to Kansas Wal-Mart Estimated at $1M

The damage is estimated at $1 million from an episode of vandalism at a Wal-Mart Neighborhood Market being built in south-central Kansas. KSNW-TV reports contractors discovered the damage Saturday morning when they arrived at the site in Derby, just east …

Hundreds File Insurance Claims After Mississippi Hail Storm

Hundreds of claims are pouring in to insurance companies in Mississippi, an early indication of the widespread damage left behind by a hail storm that pounded the capital city and other areas. Authorities say it’s too early to know exactly …

Florida Governor and Cabinet to Review Plans for Citizens

Florida Gov. Rick Scott and members of the Cabinet are being asked to approve a plan to hand over some duties of the state’s largest insurer to private vendors. Citizens Property Insurance CEO Barry Gilway will give a presentation Tuesday …

Police Agency: 3,600 Crime Gangs Active in EU

While the European Union’s citizens are struggling to cope with the economic crisis, the continent’s criminals are cashing in. The EU’s law enforcement agency Europol said Tuesday that some 3,600 organized crime gangs are exploiting the crisis and the increasingly …

Fire Damages San Antonio TV Station Building

Investigators say a fire that knocked a Texas television station off the air during its morning newscast does not appear to be suspicious. Authorities are trying to determine what sparked the fire around 5 a.m. Tuesday at WOAI-TV. Nobody was …