January 17, 2005
College professors in Kentucky have joined the ranks of Americans claiming to suffer from the health effects of mold contamination. Faculty, including two nursing lab faculty members, at Mayville Community College complained of respiratory ailments, souring an investigation that uncovered …
January 17, 2005
Liberty Mutual has asked the Florida Department of Insurance Regulation to approve a 22.3 percent rate increase. If approved, the increase would take effect March 14 for new customers and May 4 for renewals. Liberty Mutual covers 2.4 percent of …
January 17, 2005
The Association of British Insurers has issued a bulletin indicating that regulation by the Financial Services Authority, which officially began on Friday (See IJ Web site Jan. 14), “will build on existing consumer protection.” The new rules replace the industry’s …
January 17, 2005
The U.K., France and other European countries whose citizens lost their lives, or are still missing, in the aftermath of the Indian Ocean tsunamis, are considering ways to amend their laws governing when a missing person may be declared legally …
January 17, 2005
Bermuda-based Everest Re Group, Ltd. announced that its fourth quarter results would be adversely impacted by catastrophe losses, which it estimates will be around $133 million, or $2.32 per diluted share, after tax. “The quarter’s catastrophe loss activity arose principally …
January 17, 2005
Bermuda’s XL Capital Ltd. announced the following actions taken by its Board of Directors concerning dividend payments on the company’s shares: — Declared a quarterly dividend on January 14, 2005, of $0.50 per ordinary share payable on the Company’s Ordinary …
January 17, 2005
Delaware Insurance Commissioner Matt Denn, State Senator David Sokola and State Representative Donna Stone have unveiled bi-partisan legislation which will allow the state to increase enforcement of its uninsured motorist laws. The legislation will allow state police officers and members …
January 17, 2005
Beginning Feb. 1, employers must post a summary of the total number of job-related injuries and illnesses that occurred last year, the Occupational Safety and Health Administration recently noted. Employers are only required to post the Summary (OSHA Form 300A)- …
January 17, 2005
Tacoma-based Bratrud Middleton Insurance’s President & Chief Executive Officer Charles W. Miller, JD, has been named Chairman & CEO, effective Jan. 1, 2005. Executive Vice President Kurt C. Carlson has been named President & Chief Operating Officer, also effective Jan. …
January 17, 2005
While the official death toll may never be known, the reaction to last month’s killer earthquake and tsunamis in Southeast Asia continues. Insurance Journal recently spoke with several individuals whose companies have seen the death and destruction up close. Crawford …