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

RBS Cautious on Outlook, but Confident on Insurance Sale

Royal Bank of Scotland’s performance and write downs on risky assets remain in line with its previous guidance, but its results will be held back by the impact of the global credit crunch, it said on Wednesday. RBS said it …

Little Progress in WTO Industry Talks

Talks on industrial goods, a crucial element in negotiations for a new trade deal, are failing to overcome deep differences between rich and poor countries, diplomats and officials said Wednesday. But, they said, parallel negotiations on agriculture are making progress …

American Claims Management – New Workers’ Compensation Claim Services

San Diego, CA, 06/12/2008 – American Claims Management (ACM) is pleased to announce it has added a Workers’ Compensation Department to its claim administration services. As a wholly owned subsidiary of Arrowhead General Insurance Agency, Inc., ACM added a workers’ …

Judge: Families Can Seek Punitive Damages in Kentucky Plane Crash

A federal judge ruled that families of those killed aboard Comair Flight 5191 in Kentucky may seek punitive damages in a trial set for August 4. The ruling is considered a victory for the plaintiffs. In his ruling made public …

E. Idaho Hospital Reaches Agreement in Wrongful Death Suit

A settlement has been reached between an Idaho Falls hospital and the family of a 73-year-old woman who had sued the hospital over her death. The agreement was reached between the Eastern Idaho Regional Medical Center and the family of …

Florida Extends 1% Hurricane Surcharge Until 2014

The Florida Cabinet voted to extend a 1 percent insurance policy surcharge to cover hurricane claims that began in 2007 for two additional years through 2014. The assessment covers outstanding claims that originated during the state’s devastating 2004 and 2005 …

More Restrictions Possible for New Jersey Teen Drivers

Neew Jersey lawmakers are considering ways to further restrict teenage drivers in New Jersey. A bill before the Senate Transportation Committee would apply an 11 p.m. curfew on 17-year-old probationary drivers. It would also only allow one teenage passenger in …

Plea Agreement Reached with Escort-Service Operator in Spitzer Case

A man accused of running an escort service that led to the downfall of former New York Gov. Eliot Spitzer will plead guilty, his lawyer said. Murray Richman confirmed that Mark Brener, 62, will appear tomorrow in federal court in …

Companies Cited in Fatal 47-Story Scaffold Accident in NYC

Federal and state investigators have issued violations against two companies in the scaffold accident that sent two window washers plummeting 47 floors from a Manhattan skyscraper. One of the two men was killed. The survivor, Alcides Moreno, underwent 16 operations …

As Gas Prices Soar, Drivers Urged to Seek Insurance Rate Relief

As the price of gasoline tops four dollars a gallon nationwide consumers who are driving less could save an average of 5 to 15 percent on their automobile insurance rates – about $47 to $142. That’s according to the Consumer …