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

First National Bankshares of Fla. Finalizes Sale of Roger Bouchard Insurance Sub

First National Bankshares of Florida Inc. has completed the sale of Roger Bouchard Insurance Inc. to a group of investors led by the agency’s principals. Terms of the sale were not disclosed. Founded in 1948, Bouchard Insurance is a full-service …

World Responds to Asia’s Aid Call

Just as the disaster that struck 12 countries around the Indian Ocean was unprecedented, so too has been the response from around the world to the calls for help. Private citizens, companies and the World Bank have already collected over …

Maryland Lawmakers Agree on Med-Mal Bill But Governor Vows Veto Due to Tax Feature

The Maryland General Assembly, meeting into the early morning hours Thursday, approved a medical malpractice insurance reform package that Gov. Robert Ehrlich said he would veto because of a dispute over a tax on HMO premiums. The House approved the …

ACE Issues Statement on Asian Disaster; Will Match Employee Aid Contributions

Evan Greenberg, president and CEO of Bermuda-based ACE Limited, has issued a statement on the earthquake and tsunamis that struck Southeast Asia, and the measures the company has initiated to help the victims “The earthquake and resulting tsunamis that struck …

Lloyd’s Statement on Asian Tidal Waves

Lloyd’s has issued a bulletin expressing the London market’s solidarity with the victims of the Indian Ocean tidal waves, stating: “Our thoughts are with the people who have been affected by this tragedy. The priority must be to get humanitarian …

Pa. Disaster Assistance Tops $111 Million

Disaster recovery grants and disaster loans totaling more than $111.4 million have been approved for Pennsylvania individuals and business owners who suffered losses as a result of flooding from Tropical Storms Ivan and Frances in September, according to figures from …

W. Va. Workers’ Comp, Tax Dept. Revoke 400 Business Licenses for Failure to Pay Premiums

Nearly 400 West Virginia companies, reportedly owing $2.4 million in workers’ compensation premiums, interest and penalties, have lost their business licenses and will be forced to close their doors. The state Department of Tax and Revenue, working in cooperation with …

EEOC, Johnson International Settle Discrimination Suit

The U.S. Equal Employment Opportunity Commission (EEOC) has settled, for $450,000, its lawsuit against Johnson International Inc., a global financial services company owned by the S.C. Johnson family of Racine, Wisconsin. The EEOC suit alleged that the company, now known …

UMIA Obtains Approval for Rate Increase

Utah Medical Insurance Association (UMIA), which provides medical malpractice insurance to Wyoming physicians, has requested and received approval for a 9.6 percent base rate increase for medical malpractice insurance premiums. UMIA made its request in an Oct. 29 filing with …

Q1 FY 2005: TWCC Issues Close to $1.56 Million in Penalties for Fraud, Administrative Violations

The Texas Workers’ Compensation Commission issued penalties totaling nearly $1.56 million between Sept. 1, 2004 and Nov. 30, 2004 for administrative violations and fraud committed by system participants. A total of 1,108 Notices of Violation (NOVs) were issued during the …