Monthly Archives: <span>July 2010</span>

Not All Tennessee Flood Victims Are in Nashville

Far from the spotlight shining on the Nashville victims of May’s deadly floods, Mike Anglin looks at the now-empty space next to Indian Creek where his doublewide mobile home stood and wonders how he will replace it. The Hickman County …

UK Inquiry Concludes E-mails Do Not Undermine Climate Change Research

E-mails stolen from one of the world’s leading climate change research centers contained no evidence to undermine the case for manmade global warming, a report found on Wednesday. An investigation into the British research unit cleared its scientists of serious …

Connecticut to Buy Then Demolish Flood-Prone Properties in East Haven

The federal government has approved a grant of nearly $1.4 million for the state of Connecticut to buy and then demolish five flood-prone properties in East Haven. Demolishing the properties is intended to reduce or eliminate the long-term risk of …

Scranton, Pennsylvania Agency CEO Arrested on Premium Theft Charges

Agents from the Pennsylvania Attorney General’s Insurance Fraud Section have arrested the CEO of a bankrupt Scranton insurance agency, who is charged with the theft of more than $1.3 million in premiums that were collected from businesses, schools and other …

Ratings Roundup: Glacier AG, Ansvar, Adamjee

A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Liechtenstein-based Glacier Insurance AG, following the successful completion of its acquisition by Torus …

Lloyd’s Foresees Further Growth in China from Grant of Direct License

Lloyd’s managing agents are predicting their businesses will get a big boost from the market being granted a licence to write direct insurance in China [See IJ web site – [https://www.insurancejournal.com/news/international/2010/05/19/109979.htm]. Stephen Catlin, Chief Executive of Catlin Group Limited and …

One Risk Group Opens Pleasanton Office

One Risk Group LLC has opened a new location in the Hacienda Business Park in Pleasanton, Calif., to accommodate 30 employees. A retail property/casualty brokerage with a range of insurance and risk management products and services, One Risk Group works …

UPMC WorkPartners Offers Workers’ Compensation in Pennsylvania

UPMC WorkPartners, part of the University of Pittsburgh Medical Center, has announced a new workers’ compensation product line offering dollar one coverage for Pennsylvania companies. “Health care reform is raising awareness in the employer community to not only control costs, …

Farmers Introduces Institutional Business Owners Policy Through Texas Agents

Farmers Group of Cos. has introduced an institutional business owners policy (iBOP) for institutions across America, which will be offered by Farmers agents in Texas. iBOP is designed to serve a spectrum of religious institutions, educational institutions, social service organizations …

Fraud Bureaus Report Sharp Rise in Fake Health Plans

Bob Harper thought he’d found a better health-insurance deal. The Oklahoma man bought coverage from an outfit called American Trade Association (ATA). The price seemed affordable, and he thought he’d save decent money while maintaining a solid healthcare safety net. …