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

Man to Stand Trial for Allegedly Setting San Diego County Fire

A man has been ordered to stand trial on a charge of intentionally starting a small fire in the northern San Diego County city of Vista during last month’s siege of wildfires. Nineteen-year-old Gorgonio Nava has pleaded not guilty to …

Westfield Group Names New COO and President

The Westfield Group recently announced that Roger McManus has been named to the newly created position of chief operating officer for Westfield Group and Jim Clay has been named to replace him as president. The appointment as chief operating officer …

Pa. Gov. Rendell Kills Gas Tax for Underground Tank Insurance Fund

Pennsylvania Gov. Ed Rendell this week said his administration would withdraw a request that could have added a penny onto the cost of a gallon of gas in Pennsylvania to help clean up damage from leaking underground fuel tanks. The …

FBI Targets Miss. Lawyer Known for Handling Katrina Insurance Claims

FBI agents who searched the law offices of Mississippi attorney Richard “Dickie” Scruggs on Tuesday left with copies of the office’s computer hard drives, a lawyer for the firm said Wednesday. Joey Langston, who represents Scruggs’ firm but isn’t an …

Ratings Recap: PhilNaRe, Atlas IV Cat Bond, HSBC (Bermuda), Cunningham Lindsey

A.M. Best Co. has assigned a financial strength rating of ‘B++’ (Good) and an issuer credit rating of “bbb” to National Reinsurance Corporation of the Philippines (PhilNaRe) with a stable outlook. “The ratings reflect the company’s adequate risk-adjusted capitalization, established …

Fla. Insurance Regulators Get Public Input on New Reinsurance Rules

Florida Insurance Regulators held a workshop Monday to seek public input on a draft rule that would implement new legislation which gives the insurance commissioner discretion in allowing unaccredited reinsurance companies to conduct business in Florida without having to post …

Former Ind. Worker Pleads Guilty to Setting $12 Million Magnesium Fire

A former plant worker has pleaded guilty to setting a fire at a magnesium recycling company that caused some $12 million in damage. In return for Darrin K. Dettra’s guilty plea to arson resulting in bodily injury, Madison County prosecutors …

Bramlett Named Industry Service Award Winner in Okla.

Robert Bramlett was announced as this year’s Oklahoma Industry Service Award winner by the local Chartered Property Casualty Underwriters Society, Central Chapter of Risk Insurance Management Services and Insurance Women of Oklahoma City at the All Industry Day Oct. 30. …

N.D. Unemployment Insurance Tax Rate Drops for 3rd Year

North Dakota’s unemployment insurance tax rates will be falling for the third straight year, with the average rate dropping below 1 percent for the first time since 1997, Gov. John Hoeven says. Maren Daley, director of Job Service North Dakota, …

Thousands Eligible, not Enrolled, in Public Insurance for Kids

More than 850,000 of the 1.5 million Texas children who don’t have health insurance are eligible for but not enrolled in the Children’s Health Insurance Program or Medicaid, a state official says. Health and Human Services Executive Commissioner Albert Hawkins …