May 27, 2005
Hurricane-force winds are most likely to strike this year in Cape Hatteras, N.C. and Miami Beach and Naples, Fla., according to an analysis of coastal cities released today by a University of Central Florida professor and a Georgia researcher. Cape …
May 27, 2005
The federal government is giving $2.7 million to help the University of Hawaii recover from October’s flooding in Manoa Valley. The money from the Federal Emergency Management Agency will cover the deductible portion of the state’s flood insurance policy for …
May 27, 2005
U.S Bankruptcy Judge Elizabeth Perris has given the Archdiocese of Portland an extension until Nov. 15 to file a plan to pay the claims of sex-abuse plaintiffs and other creditors. The archdiocese asked for an extension on the Chapter 11 …
May 27, 2005
A request by the Erie Insurance Group for a 3.1 percent decrease in its private passenger automobile insurance rates has been approved by the West Virginia Insurance Commission. The new rates go into effect August 1. The approval comes after …
May 27, 2005
Kevin O’Connor, United States Attorney for the District of Connecticut, announced that Thomas Bolan, 80, of Flushing, New York, was sentenced this week for his role in Martin Frankel’s multi-million dollar fraud against several insurance companies. In proceedings in New …
May 27, 2005
CDS Business Mapping LLC a provider in online property risk mapping, has added Arizona, New Jersey and New York to its Distance to Fire Station report on the RiskMeter Online (www.RiskMeter.com). This brings the total number of states to 16. …
May 27, 2005
Oklahoma Insurance Commissioner Kim Holland announced that Top Flight Insurance Company, an auto insurance carrier, has been placed into permanent receivership. The company previously was placed in temporary receivership until a May 20 hearing. “Top Flight is going straight into …
May 27, 2005
The Property Casualty Insurers Association of America (PCI) is expressing mixed emotions over the medical liability proposal likely to pass in the Illinois Legislature. SB 475, which focuses on several key aspects of the issue including caps on non-economic damages …
May 27, 2005
The Louisiana House of Representatives killed a bill that would have allowed nursing home patients to sue for damages for certain violations of their rights, such as being a victim of mental and physical abuse. The measure by Rep. Clara …
May 27, 2005
The Texas Department of Insurance announced enforcement actions taken by Commissioner Jose Montemayor that became final during the month of April. The actions include eleven license revocations, a license denials and fines and restitution totaling $1,144,250. Copies of Montemayor’s orders …