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

Fla. Faces Destruction Delivered by 4 Christmas Tornadoes

Four Christmas Day tornadoes damaged hundreds of Florida homes, with one flipping airplanes at a flight school and tearing the roofs off three apartment buildings, accoording to officials. Gov. Jeb Bush late Tuesday declared a state of emergency in Columbia, …

Conn. Catholic Diocese Appeals Court Order Opening Sex Abuse Files

The Diocese of Bridgeport, Conn. has appealed a Superior Court judge’s ruling that thousands of pages of court files involving lawsuits against priests accused of sexual abuse be made public. The case could return to the state Supreme Court, and …

Miss. AG’s Katrina Case Against Insurers Moved to State Courts

A federal judge agreed this week to transfer Mississippi Attorney General Jim Hood’s lawsuit against insurance companies over Hurricane Katrina damages from federal to state court. U.S. District Judge L.T. Senter Jr. ruled that Hood’s lawsuit belongs in state court …

Safety Officials and NBC Exec Push for More Oversight of Charter Flights

Travelers who pay a premium for the convenience of charter air travel could unknowingly end up on a flight operated without direct federal oversight. That fact — along with an effort to change it — is central to a lawsuit …

Ex-Md. Lawmaker Facing Charges Steps Down from Workers’ Comp Fund

Former Maryland state Sen. Thomas Bromwell has agreed to step down at the end of the year as head of the Injured Workers’ Insurance Fund under a separation agreement announced by the organization’s board of directors. Bromwell will receive two …

N.H. Private School Sues Insurer Over Flood Policy

St. Paul’s School in Concord, N.H. has filed a lawsuit accusing its insurance company of refusing to cover most of the $5 million the school has spent repairing buildings and grounds damaged by flooding last spring. In May, floodwaters tore …

Pa.’s Sterling Financial Sells 3 Insurance Units

Sterling Financial Corp. announced the sale of three insurance-related businesses: Corporate Healthcare Strategies, LLC, an employee benefits insurance broker; Professional Services Group, a human resources consulting business; and the property and casualty insurance accounts of the Lancaster Insurance Group, LLC. …

A.M. Best Positive on Commerce Acquisition of N.Y.’s State-Wide

A.M. Best Co. has placed the financial strength rating (FSR) of A- (Excellent) of State-Wide Insurance Co. of Hempstead, N.Y. under review with positive implications. This action has been taken due to the announced acquisition of SWICO Enterprises, Ltd., the …

Lloyd’s ECF System Moves Forward

Lloyd’s has announced that all of its “managing agents writing subscription business who would use the new Electronic Claims File [ECF] initiative have agreed to the rules governing the system.” Lloyd’s called the agreement “a significant step forward for achieving …

Florida’s Citizens Opens Emergency Operations Center in Deland

Citizens Property Insurance Corp. opened an emergency operations center in Deland, Fla., to help policyholders whose homes were damaged by the Dec. 26 storms and tornadoes in the Volusia County area. The center is at the Hess gasoline station at …