Monthly Archives: <span>March 2009</span>

Federal Court Rules Vatican Can Be Sued Over Abuse

federal appeals court has kept alive a challenge to the sovereign immunity of the Vatican by upholding a ruling that victims of sexual abuse by priests can sue the Holy See. The 9th U.S. Circuit Court of Appeals agreed with …

Alaska’s Elmendorf Air Force Readies for Earthquake

Airplanes and crews from Alaska’s Elmendorf Air Force have temporarily moved to southern New Mexico’s Holloman Air Force Base after warnings of a possible eruption of a volcano. The 3rd Wing from Elmendorf, near Anchorage, arrived at Holloman last month, …

Senators Demand Details, Officials Admit Regulatory Gaps on AIG

U.S. regulators failed to spot how much risk insurer AIG was piling on, and by the time they understood, they had no choice but to pour in tens of billions of public dollars, officials said Thursday. At a Senate Banking …

Florida Charges People’s Trust MGA Using Unlicensed Insurance Agents

Florida Chief Financial Officer Alex Sink has moved to prevent People’s Trust Insurance’s Managing General Agent from using unlicensed agents to sell its homeowners insurance. The action follows an investigation by Sink’s Department of Financial Services. Sink said that the …

Wholesale Insurance Broker USG Promotes Jones in Michigan Office

USG Insurance Services, Inc, a national wholesale broker of commercial insurance headquartered in Tampa, Fla., has promoted Andy Jones to senior underwriter at its Michigan branch. Jones was a manager for four years with Enterprise Rent-A-Car and began as an …

North Carolina Troopers Issue 9,000 Citation to Teen Drivers

Highway Patrol troopers in North Carolina have issued nearly 9,000 citations during a campaign aimed at reducing the number of traffic accidents involving teenagers. Thirty-one drivers under age 21 were cited for driving while intoxicated, and more than 3,000 speeding …

Mass. Man Pleads Not Guilty to Broken Tooth Insurance Charges

A Massachusetts man has pleaded not guilty to pocketing $36,000 in insurance payments by filing 21 fake injury claims for the same broken tooth. Tod Schaffer of Brookline was released on personal recognizance after pleading not guilty on this week …

National Flood Insurance Program Set to Expire Tomorrow

The U.S. Senate has yet to approve a measure extending the nation’s flood insurance program, which expires tomorrow. While the U.S. House of Representatives passed an extension to the National Flood Insurance Program (NFIP) through September 2009 under the omnibus …

Texas Workers’ Comp Div. Issues $169K in Fines in Dec.and Jan.

Texas Commissioner of Workers’ Compensation Rod Bordelon announced that disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) in December 2008 and January 2009 resulted in administrative penalties totaling $169,800. Commissioner’s orders are subject to …

Arkansas Panel OKs Restrictions for Teen Drivers

Tears rolled down Arkansas State Sen. Jimmy Jeffress’ face after a House of Representatives committee voted without dissent to put in place new restrictions for teen drivers. “I appreciate it, and I think when you lay your head on your …