Monthly Archives: <span>April 2005</span>

N.C. Opens 50 ‘Damage Centers’ to Provide Assistance

Fifty North Carolina counties declared disasters areas after storms swept through the state last year will open centers today to help people still recovering from the damage. State lawmakers have agreed to provide $247 million in disaster relief. The centers …

Fla. Congressmen Appalled: Investigations Reveal Some FEMA Inspectors Had Criminal Records

Florida members of Congress said Sunday they were appalled by revelations that some Federal Emergency Management Agency housing inspectors had criminal records. “There is just simply no excuse for this,” said U.S. Sen. Bill Nelson, a Democrat. U.S. Rep. Mark …

Baker Joins Pacific Wholesale

Dallas-based Pacific Wholesale Insurance of Texas announced that Frank Baker has joined the firm. He will broker new business to help accommodate the company’s rapid growth, according to Robin Stough, president and CEO of Pacific Wholesale. Baker, who has more …

Mich. Patient Safety Group to Hold Public Meeting

A coalition of 15 Michigan organizations that was asked to provide recommendations to Gov. Jennifer Granholm on how to improve patient safety and reduce health-care errors will hold a public meeting Thursday, April 28. At the meeting, the State Commission …

The Attack on Credit Scoring and Other Risk-Based Insurance Pricing Tools

Independent Agents and Their Customers Have the Most to Lose As product manager for the state’s largest writer of auto insurance through independent agents, I want to take this opportunity to remind you that preserving our ability to use credit-based …

Fla. Insurance Bills Passage Could Exempt Surge Flood Damage Claims

Insurance bills nearing final votes in the Florida Legislature could provide insurers with a broad exemptions from paying homeowners with storm-surge flood damage according to provisions of the state’s 100-year-old valued policy law. “To force us into the flood business …

50 Reported Dead in Japan Train Crash

A Japanese commuter train came off the tracks at Amagasaki, a suburb of Osaka, about 400 kms (255 miles) west of Tokyo, and rammed into a building at about 9:20 a.m. local time. News reports have put the death toll …

Armenian Genocide, Concentration Camp Liberation, Gallipoli Campaign Remembered

World leaders and ordinary citizens paused over the weekend to commemorate three tragic events that marked the 20th century. While they now seem remote in time, and have little direct connection with the insurance industry, they form a part of …

U.K. Researchers Find New Hurricane Forecast Method

Researchers at University College London, working at the Benfield Natural Hazard Research Centre, have reported a new method for analyzing and forecasting Atlantic Ocean hurricanes. A report from the BBC notes that the new work, by Mark Saunders and Adam …

Report Cerberus in Talks to Acquire Gerling

According to a report from Reuters Cerberus, a U.S. private investment firm, is considering buying German insurer Gerling. No definitive decision has been reached, but talks are said to be in an advanced stage. One source told Reuters that the …