Monthly Archives: <span>April 2006</span>

N.Y. State Fund Offers Its Most Popular Brochures in Spanish

The New York State Insurance Fund’s two most widely-read publications, Partners in Safety and A Claims Guide for the Employer, are now available in Spanish. “These publications will enhance NYSIF’s outreach,” said Executive Director David P. Wehner. “Making these publications …

Supreme Court Debates What Constitutes ‘Adverse’ Changes in Employment

The U.S. Supreme Court grappled early this week with the growing problem of employers retaliating in the workplace after an employee complains of sex or race discrimination. Several justices were sympathetic to the plight of railroad forklift operator Sheila White, …

Former Insurance Company President Makes TDI’s Top 10 Fraud List

Each year the Texas Department of Insurance (TDI) investigates hundreds of cases of suspected fraud. Its fraud investigators, who are licensed peace officers, investigate fraud alleged to have been committed by persons engaged in the insurance business, as well as …

U.S. Injury Report: 50 Million Injuries a Year; Lifetime Costs Top $406 Billion

The lifetime cost of injuries occurring in a single year in the U.S. totals an estimated $406 billion in medical expenses and productivity losses, according to the Centers for Disease Control and Prevention. Nearly $80.2 billion is attributed to medical …

Acordia Acquires Calif. Broker Brodie

Fireman’s Fund Sponsors Wildfire Seminar on San Francisco Earthquake Centennial

As the nation commemorates the one hundredth anniversary of the 1906 San Francisco earthquake and fire, one of the surviving companies from that disaster — Fireman’s Fund Insurance Co., will be hosting a seminar to help San Diego residents and …

Mo. Department Files Complaint Against Producer Who Allegedly Pocketed $16,000 in Client Funds

The Missouri Department of Insurance is seeking discipline against an insurance producer accused of allegedly issuing phony insurance policies. The agent, Michael Spillman of Lake Ozark, was to secure insurance coverage for a construction client, but failed to forward the …

PLUS Foundation Hasn’t Forgotten Industry Victims of Katrina

The PLUS Foundation, the philanthropic arm of the Professional Liability Underwriting Society (PLUS), reports that it has granted more than $90,000 to support its members and other insurance related hurricane relief efforts. Giving priority to PLUS members affected by the …

Sound Risk Management, Strong Investment Results Prove Positive for P/C Industry

U.S. property/casualty insurers managed to increase earnings and add to their capital base in 2005 despite record catastrophe losses, according to ISO and the Property Casualty Insurers Association of America (PCI). Sound risk management and strong investment results lead to …

Mercator Risk Services Appoints Cleary to Head Construction, Real Estate Units

New York, N.Y.-based Mercator Risk Services, the newly formed, independent wholesale insurance broker, has appointed industry expert John Cleary as senior vice president of its Casualty Construction and Real Estate Practices. Cleary has been with Mercator since its inception and …