Monthly Archives: <span>March 2007</span>

U.S. Needs Terrorism Insurance to Compete Globally, Says N.Y.’s Dinallo

A continuing federal role in terrorism insurance is important so that U.S. financial centers including New York City can continue to compete with international markets, many of which are already covered by similar government insurance programs, New York Acting Superintendent …

Calif. Wins $443.5 Million Arbitration Award

California Insurance Commissioner Steve Poizner announced the Department of Insurance’s Conservation and Liquidation Office (CLO) has won an arbitration award of $443.5 million in favor of the five Superior National Insurance Companies in liquidation. The arbitration award is against United …

All Risks Opens Seattle Branch

All Risks Ltd., a wholesale broker and managing general agent headquartered in Hunt Valley, Md., has opened a branch office in Seattle. The Seattle office will handle contract binding and brokerage business and will is expected to expand the company’s …

Pacific Coast E&S Services moves to Santa Rosa, Calif.

Pacific Coast E&S Services has moved to a new office location in Santa Rosa, Calif. . The new address is:2235 Mercury Way, Suite 110 Santa Rosa CA 95407-5472. PHone, fax and e-mail addresses hace not changed.

Colo. House Passes Motorcycle Helmet Bill for Minors

The Colorado House has passed a bill that would require children under age 18 to wear a helmet when riding a motorcycle. Passing on a 39-26 vote, House Bill 1117 would create penalities of $100 if the operator is under …

Pomona Woman Arrested After Tracking Device Leads to Stolen Car

A Pomona, Calif., woman has been arrested after authorities followed a signal from an electronic tracking device installed in a car she reported stolen, officials said. Elva Padilla surrendered to authorities after learning about the arrest warrant against her, prosecutors …

Rare Violin Recovered by Police to be Auctioned by Insurer

A violinist whose missing instrument valued at about $50,000 was recovered by police says it will be auctioned. Meanwhile, police continue to investigate how the instrument ended up in the hands of a Billings, Mont., man who allegedly tried to …

In Manhattan: Agents, Insurers Renew Call for Federal Terrorism Insurance

In the heart of the world’s financial markets, insurance agents and companies today urged Congress to protect the country’s economic stability by ensuring availability of terrorism risk insurance through a continued federal role. The Independent Insurance Agents & Brokers of …

Fraudulent Auto Crash Claims Result in Arrest in La.

The Louisiana State Police Insurance Fraud Unit announced it arrested Becky Roberts, of West Monroe, in Ouachita Parish on Feb. 23, 2007, for insurance fraud (2 counts) and forgery. State Police said an investigation revealed Roberts fabricated witnesses to support …

FDA Warns Against Eating Raw Texas Oysters After Virus Outbreak

The Food and Drug Administration says consumers should avoid eating raw oysters harvested from San Antonio Bay in Texas because more than two dozen people in Maryland became ill last month. The FDA said 25 people developed nausea, vomiting, diarrhea …