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

Mich. Burns & Wilcox Appoints Director of Education, Training, Development

Farmington Hills, Mich.-based Burns & Wilcox recently announced that it has appointed Doug Swiatkowski to director of education, training and development. Swiatkowski is responsible for developing the company’s education and training strategy and delivery system. Previously, Swiatkowski was at Raytheon …

House Bill Renews Federal Terrorism Reinsurance for 10 Years, Expands Definition

Congress officially has a new bill to reauthorize the federal terrorism reinsurance program. Two Democrats from Massachusetts — U.S. Rep. Mike Capuano and the Chairman of the House Financial Services Committee Barney Frank — have introduced H.R. 2761, the Terrorism …

Looming Trials Could Force Settlement in LA Clergy Abuse Cases

After years of legal wrangling, the nation’s largest Roman Catholic archdiocese may finally move to settle hundreds of clergy sex abuse claims against it following several legal setbacks and the prospect of jury trials in the months ahead. Fifteen trials …

Truck Mechanical Problems Decline in Mo. Roadside Inspection Report

Roadside inspections found slightly fewer mechanical problems with tractor-trailers in Missouri last year, but the state still logs a higher percentage of flaws than Kansas or Oklahoma. Federal statistics show that just under 30 percent of 76,045 inspections at Missouri …

More Arizonans Working to Protect Homes from Wildfires

Efforts to better safeguard homes from the threat of wildfire have taken off in mountain communities throughout Arizona, with homeowners cutting down trees, removing wood piles, raking leaves and caulking around windows to keep embers out. Last year, 17 communities …

Flood & Peterson Receives Two Honors

Greeley, Colo.-based Flood & Peterson Insurance has received two honors: one recognizing the company’s approach in working with clients and another paying posthumous tribute to its two founders, who pooled $190 nearly 68 years ago to launch the company. For …

National Alliance Hires Regional Director for West

The National Alliance for Insurance Education and Research, has hired JoAnn Clarke as business development regional director covering the West Coast, Alaska and Hawaii. In this role, Clarke will be responsible for sales to both new and existing customers and …

Calif. Workers Comp Bureau Reports $3.8 Billion Spent on Medical Services

The Workers Compensation Insurance Rating Bureau of California has released its report on workers’ compensation losses and expenses for 2006. The report is prepared annually pursuant to Section 11759.1 of the California Insurance Code. According to the report, in 2006, …

Study Concludes Child Passengers Safer When Teen Driver Is Sibling

A study released June 14 from The Children’s Hospital of Philadelphia and State Farm found that while children driven by teens are twice as likely to suffer crash injury as those driven by adults, their risk is 40 percent lower …

Ratings Recap: Travelers, Mapfre (NJ & FL), AXA Art, Progressive (debt)

A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and issuer credit ratings (ICR) of “aa-” of Travelers Insurance Companies and its P/C members. Best also affirmed the debt ratings of “a-” on senior debt, “bbb+” …