Monthly Archives: <span>September 2004</span>

Horace Mann Reports Hurricane Impact

Illinois-based Horace Mann Educators Corp. estimates its financial impact from Hurricane Frances and Hurricane Ivan, net of anticipated reinsurance, will total approximately $23 to $26 million pretax. In addition, the company affirmed its previously announced pretax cost estimate for Hurricane …

Best Upgrades First Guard Insurance Co.

Florida-based First Guard Insurance Company announced that A.M. Best Company has upgraded its financial strength rating from A- (excellent) to A (excellent). Best views the rating outlook on the company as stable. “The rating reflects the company’s strong capitalization reflecting …

IIAT’s InfoCentral Now Free to Members

The Independent Insurance Agents of Texas (IIAT) reported that InfoCentral, its premium Web reference library service, becomes absolutely free for all members beginning Oct.1. The service was launched in 2001. “The board of directors approved making InfoCentral a free service …

La. Department Says Ivan’s Costs Are Nearly $7.2 Million

Louisiana Commissioner of Insurance Robert Wooley said the Department’s first estimate of Hurricane Ivan damage in Louisiana is $7,170,000.00, based on a survey of the major insurance carriers in the state. Wooley added that this estimate is based on the …

OSHA Cites N.H. Contractor for Cave-In Hazard

An Ashland, New Hampshire contractor’s alleged failure to supply cave-in protection at a Woodstock jobsite has resulted in $29,650 in proposed penalties from the U.S. Labor Department’s Occupational Safety and Health Administration (OSHA). M.E. LaTulippe Construction Inc. has been cited …

Inspectors Visit Damaged Ga. Properties

“Damage inspectors are now in the field visiting people who have filed applications for assistance, Nick Russo, an official with the Federal Emergency Management Agency (FEMA),” said in a joint statement with State Coordinating Officer Mike Sherberger, director of the …

Sedgwick CMS Awarded Employer of Choice Designation

Tennessee-based Sedgwick Claims Management Services Inc. (Sedgwick CMS) has achieved certification as an Employer of Choice®. Designation as an Employer of Choice is awarded to public, private or not-for-profit employers that demonstrate effective implementation of best practices in attracting, developing …

ISO’s Intellicorp, Markel Join Forces for Criminal Background Checks of Employees, Volunteers

IntelliCorp Records Inc., a nationwide provider of pre-employment screening services, and Markel Insurance Company have teamed up to provide camps, childcare centers, private schools and social service agencies with accurate and thorough criminal background checks of all employees and volunteers. …

The Hartford Reports Q3 Earnings

The Hartford Financial Services Group Inc. today estimated its 2004 third quarter earnings per fully diluted share at between $0.85 and $0.95. This estimated range assumes no net realized capital gains or losses or unusual tax benefits in the quarter. …

Minn. Gov. Requests Presidential Disaster Declaration for Flooding in Southern Areas

In a letter to President Bush on Wednesday, Minnesota Gov. Tim Pawlenty requested a Presidential Disaster Declaration and Federal assistance for areas of southern Minnesota affected by severe flooding that occurred on Sept. 14 and 15. Preliminary damage estimates are …