Monthly Archives: <span>February 2008</span>

Sloan Mason Offers Oilfield Program in Colo.

San Diego-based Sloan Mason is offering exclusive access to a new oilfield program for oilfield contracting companies in Colorado. The company said it provides competitive general liability/auto/workers compensation through an “A” rated carrier. Minimum account premium for all lines starts …

Travis-Pedersen Opens Office in Scottsdale, Ariz.

Travis-Pedersen and Associates expanded by opening a new office in Scottsdale, Ariz. Matt Gervin, who worked in the Chicago office of Travis-Pedersen for three years, has relocated to Scottsdale. Gervin will be focusing on professional liability business in Arizona and …

Calif. Bill Seeks to Ban Discrimination in Workers’ Comp Awards

A Democratic lawmaker is pushing legislation in California that would prohibit doctors from considering age, race or genetic factors in determining the size of workers’ compensation benefits for employees who suffer job-related disabilities. The bill by Sen. Carole Migden, D-San …

Ariz. Lawmakers Hope to Start State-Run Temporary Worker Plan

A group of Arizona lawmakers is proposing a state-run temporary worker plan that would let Mexicans come to the state to work in businesses hard-hit by labor shortages. Proponents say the package of proposals was needed because Congress has failed …

Ore. Woman’s Vandalism Claim Leads to Husband’s Burglary Arrest

They say problem gamblers never quit while they’re ahead, and one properly insured Oregon man apparently didn’t, either. Authorities recovered a stolen antique slot machine worth $4,000 and arrested the 30-year-old, who they said asked his wife to help file …

Survey: Wealthy Americans Still Fret Over Financial Stability, Security Issues

High-net-worth Americans with investment assets in excess of $1 million believe having money brings overall peace of mind, yet these wealthy Americans still have a variety of financial and security concerns, according to two recent national surveys. This is particularly …

Neb. Committee Holds Hearing on Proposal to Abolish Credit Law

A national insurance group testified today against a bill to abolish Nebraska’s law regulating credit-based insurance scoring saying the practice benefits a majority of Nebraska consumers. The Washington, D.C.-based American Insurance Association (AIA), said that the Banking, Commerce and Insurance …

S&P Revises Outlook on AIG

American International Group Inc. may be quite sanguine about its financial outlook (See related article), but Standard & Poor’s Ratings Services isn’t quite as confident. S&P announced that it has revised its outlook on AIG and its core insurance operating …

Warehouse Fire Sends Plume of Smoke into Sky over Atlanta

A fire at a carpet warehouse sent a huge plume of dark smoke over Atlanta, but so far, no injuries have been reported. Fulton County Fire Department Lieutenant Gregory Chambers said the fire broke out around 7 a.m. Monday in …

Ratings Recap: Darwin, First American, CIGNA, First Marine, SUA, Tailwind/Northwind/Unum

A.M. Best Co. has assigned an issuer credit rating (ICR) of “bbb-” to Darwin Professional Underwriters, Inc. (DPUI) of Wilmington, Del. and has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and ICRs of “a-” of the Darwin Group, …