April 19, 2004
The Wash. Department of Labor and Industries (L&I) has sent a letter to the state’s building officials urging that local governments not issue building construction permits for work that is to be done by unregistered contractors. The letters went out …
April 19, 2004
A new insurer survey estimates that 84 percent of claims stemming from the devastating October wildfires have been settled. A poll by the Insurance Information Network of California of companies representing more than 66 percent of the homeowner insurance market …
April 19, 2004
Legislation that reportedly could have significantly increased automobile insurance premiums by forcing consumers to buy $35,000 in medical payments coverage was defeated in the Colorado House. “This legislation (HB 1287) could have cost consumers, on average, an extra $200 a …
April 19, 2004
Maricopa County Superior Court ruled this week that the Arizona Legislature violated the State Constitution last Spring when it passed a bill (HR 2002) requiring SCF of Arizona to transfer $50 million to the General Fund. In granting SCF’s motion …
April 19, 2004
ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, has introduced Kidnap & Ransom coverage for companies that have international operations, as well as those that have employees who travel overseas. The new coverage provides companies …
April 19, 2004
Oklahoma Insurance Commissioner Carroll Fisher issued the following notice to producers, which he categorized as “urgent,” regarding storage of documents: “Recently, we learned that some agencies have begun saving documents in electronic format only, or forwarding them to their companies …
April 19, 2004
Pennsylvania-based Donegal Group Inc. reported net income for the quarter ended March 31, 2004 of $11,732,306, or $.87 per share on a diluted basis, which includes an extraordinary gain of $5,445,670, or $.40 per share on a diluted basis, related …
April 19, 2004
ri3k , the innovative London-based technical support system provider to the reinsurance industry, announced a further step in standardizing the forms used in reinsurance placements with an agreement to create LMP compliant slips with ACORD certification for contract placement messages …
April 19, 2004
In the final days of the General Assembly’s 2004 session, Maryland lawmakers approved several measures to help Tropical Storm Isabel victims and to prevent future problems with flood insurance policies. On the last day of the 90-day session in Annapolis, …
April 19, 2004
A third-generation fire chief has been sentenced to nearly three years in prison for his role in a scheme to torch the department’s social hall so his tiny department could afford to build another. Steven Dugan was sentenced to 35 …