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

Tropical Storm Alberto to Bring Heavy Rain to Florida on Tuesday

Tropical storm Alberto is predicted to bring much needed heavy rain to the Florida’s west coast and into southern Georgia early Tuesday Tuesday morning, according to the National Hurricane Center in Miami. Forecasters predicted Alberto could pass over Florida’s coast …

Increased Liability Limits Result in S.C. Controversy

South Carolina Gov. Mark Sanford’s veto of legislation that would increase bodily injury liability limits from $15,000 to $25,000 for one person, and from $30,000 to $50,000 for all persons injured in an auto accident has resulted in a controversy …

Prime Places $15 Million in Trust Preferred Securities

Salt Lake City, Utah – Prime Holdings Insurance Services, Inc. announced that it successfully placed $15 million in 30 year Trust Preferred Securities with the assistance of U. S. RE Securities, LLC through FTN Financial, which served as the placement …

Australian Company Selling Bogus Products in Kentucky, Being Investigated Elsewhere

An Australian company, Sinclair Insurance Co. Ltd. is selling amusement ride and professional liability insurance products in Kentucky without a certificate of authority from the state, according to the Kentucky Office of Insurance in Frankfort. The practice was uncovered after …

Wash. Trooper Accused of Taking Workers Comp While Off Fishing

A Washington state trooper accused of falsely claiming 20-thousand dollars worth of workers compensation benefits has been charged in Olympia with theft and perjury. Thirty-five-year-old James A. Long of Chinook, who is assigned to Pacific County injured his wrist in …

Utah Studies Link Between Cancer, Public Safety Workers

The Utah Labor Commission has taken a step toward finding out if firefighters and police officers with cancer and other ailments developed the diseases because of hazards associated with their jobs. The commission is using $500,000 designated by the Legislature …

NAS Reduces Minimum Premiums on Miscellaneous Errors & Omissions

NAS Insurance Services, Encino, Calif., has reduced the minimum premium for many classes for its miscellaneous errors and omissions coverages from $2,500 to $1,500. Limits are $1 million/$1 million. NAS Insurance Services is an underwriting manager and Lloyds correspondent located …

Columbus Hospital Receives $50 Million from Nationwide, Will Change Name

Nationwide’s charitable foundation will give $50 million over 10 years to Columbus Children’s Hospital, which agreed to rename itself after the insurance and financial services company, the hospital said this week. The money will go toward construction of a new …

Pa. Labor Department to Host Workers’ Comp Conference June 12

Pennsylvania Department of Labor & Industry Secretary Stephen M. Schmerin will kick-off the 5th Annual Workers’ Compensation Conference at 9:30 a.m. on Monday, June 12, in the Chocolate Ballroom, Hershey Lodge & Convention Center in Hershey. The conference will conclude …

St. Paul Travelers to Drop the ‘St. Paul’ in Specific Regions

St. Paul Travelers Cos. is slowly phasing the “St. Paul” out of its name. “St. Paul” is already gone from the company’s marketing for consumer auto and home insurance, and it will be eliminated next week from advertising to business …