April 17, 2006
The number of all terrain vehicles (ATVs) in the U.S. increased from 4 million in 1998 to around 7 million in 2003, according to a study published by the Oklahoma State Medical Association in 2005. Addition-ally, the ATV Safety Institute …
April 17, 2006
Ray Wersching, once the kicker with the San Francisco 49ers of the National Football League and a former Farmers Insurance agent, was charged with insurance fraud, tax evasion and the hiring of a convicted felon to handle the insurance business …
April 17, 2006
The chief proponent of a new law cited by Nevada in trying to block a mining industry watchdog group’s efforts to stop pollution from an old Nevada gold mine said that he didn’t envision the law being used that way. …
April 17, 2006
Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and are designed to justify insurance premium increases. RMS declined to address the specific …
April 17, 2006
California Governor, Arnold Schwarzenegger won’t be making major workers’ compensation movements this year regarding permanent disability, according to an industry lobbyist. “[Schwarzenegger’s] administration reiterated its original position recently that it would reexamine the permanent disability schedule after 18 months worth …
April 17, 2006
A well-known meteorologist is predicting that 17 named storms will form in the Atlantic Basin during the 2006 hurricane season, and the 2006 Atlantic hurricane season will be much more active than the average 1950-2000 season. Prof. William M. Gray, …
April 17, 2006
Hurricane Katrina lawsuits are multiplying and it’s not just insurance companies that are defendants. Oil companies, mortgage brokers, a shipping firm and a debris removal contractor have all been sued. One lawsuit seeks to cover all the bases. Gerald Maples, …
April 17, 2006
Risk Management Solutions, Newark, Calif., has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific, and that they are designed to justify insurance premium increases. RMS declined …
April 17, 2006
Californians who purchased auto policies from GEICO and were denied a discount for not having proof of prior insurance will receive refunds as part of a settlement between the company and a consumer advocate group. Government Employees Insurance Co., also …
April 17, 2006
The federal versus state insurance regulation debate just beginning to heat up in Washington is part of a larger debate that has been taking place across the country. “Federal preemption of state authority is a growing concern,” said Georgia Senator …