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

Midwest Earthquake Spurs Renewed Interest in Purchasing Insurance

Eastern Missouri residents are scrambling to get earthquake insurance after last week’s 5.2 magnitude trembler rattled windows and shook houses. But they are finding out there’s a waiting period for coverage, even as aftershocks shake the ground. The state’s biggest …

Prosecutor: No Criminal Charges Filed in N. D. Workers’ Comp Agency Firings

A prosecutor has decided not to seek criminal charges for the firings of two North Dakota workers compensation agency employees, saying he does not believe he could prove they were victims of illegal retaliation. James Long, the former chief of …

Fireman’s Fund Insurance Expands Liquor Liability for Upscale Restaurants

Fireman’s Fund Insurance has removed liquor receipt restrictions for upscale restaurants provide a more comprehensive risk management option for the growing number of upscale restaurants that are capitalizing on the demand for high-end, late-night venues that serve wine, cocktails and …

National Advantage Adds American Modern Insurance As Personal Lines Carrier

Tustin, Calif.-based National Advantage Insurance Services Inc. (NAIS) has added American Modern Insurance Co. as another new admitted carrier for personal lines. “We are pleased to make this admitted carrier available to our California brokers. We can now offer a …

West has Highest Vehicle Theft Rates

Along Lake Champlain in Vermont, Homeowners Eye Rising Waters

On the shoreline at Keeler Bay in South Hero, Vermont, spring has sprung. Swollen by runoff from snowmelt, the blue water of Lake Champlain laps at the boulders and brick pavers, washes up under the house and covers the boat …

Louisiana Governor Seeking Ways to Increase Number of Skilled Workers

Construction companies short of skilled workers, hospitals needing more nurses, businesses complaining they can’t fined trained employees. That was the backdrop of a 1997 labor department revamp touted by then-Louisiana Gov. Mike Foster’s administration as a way to make it …

La. Agent Accused of Premium Theft

The Louisiana State Police has served cease and desist orders, and fine notices, to a Metairie, La., insurance agent and his agency for alleged misappropriation of insurance premiums. The Louisiana Department of Insurance reported that Robert Emery and Student Insurance …

Maxum Specialty Names Turner as President and CEO

Maxum Specialty Insurance Group, based in Duluth, Ga., appointed F. Marshall Turner, II, as the president and CEO of Maxum Indemnity Co. and Maxum Casualty Insurance Co. His appointment is effective May 5, 2008. Turner will serve as a director …

USGS: Earthquakes Serious Threat in 46 States, Ups Risks in Washington, Oregon

Scientists at the U.S. Geological Survey (USGS) have updated the USGS National Seismic Hazard Maps, and noted that earthquakes remain a serious threat in 46 of the United States. For some areas such as western Oregon and Washington, USGS increased …