Monthly Archives: <span>April 2005</span>

Wash. Legislature’s Red-light Camera Law Will Improve Traffic Safety, PCI Says

Washington cities may soon begin installing red light cameras at their key intersections as a result of legislation recently enacted by the Legislature and signed into law by the governor, according to the Property Casualty Insurers Association of America (PCI). …

Emergency Funds Authorized for N.H. to Aid March Snowstorm Response

Federal disaster funds have been made available for New Hampshire to supplement the emergency response to the record snowfall that hit the state in early March, the head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) …

Fla. DOI Sets June 1 Hearing for Sirius Intl. Case

A June 1 hearing date has been set for a reinsurance unit of Bermuda-based White Mountains to meet with Florida regulators following allegations the unit was selling insurance in the state without a license. According to The Royal Gazette, published …

Md. Man Pleads Guilty in Development Fire

United States Attorney for the District of Maryland Allen Loucks announced that Jeremy Daniel Parady, 21, of Accokeek, Maryland pled guilty to conspiracy to commit arson in connection with the Dec. 6, 2004 fire at the Hunters Brooke development located …

N.J. Man’s Appetite for Stolen Cars Lands Him in Hot Water; Could Face 10 Years in State Pen

New Jersey Division of Criminal Justice Director Vaughn McKoy announced that an Essex County man has pleaded guilty to receiving stolen automobiles worth more than $75,000. According to Insurance Fraud Prosecutor Greta Gooden-Brown, Anthony C. Josephs, 27, of Newark, pleaded …

AAA Minnesota/Iowa Disappointed with House of Reps Move Involving Child Passenger Safety

Earlier in the week, the House Ways & Means Committee deleted language out of the House Public Safety Omnibus bill that would have reportedly saved the lives of Minnesota children and prevented substantial numbers of severe injuries. That language would …

Mass. Man Finds Auto Fraud Doesn’t Pay

A Rockland, Massachusetts man had been charged with allegedly paying to have his vehicle taken and damaged and reporting it stolen to collect the insurance money, Attorney General Tom Reilly announced. Michael Moreira, 22, of Brockton, was indicted on four …

ASSE Urges Workplace Safety

As thousands join with the American Society of Safety Engineers (ASSE) to celebrate North American Occupational Safety and Health Week (NAOSH) this May 1-7, ASSE members offer tips pulled from their experience on how to increase safety in the workplace. …

Best Affirms Ratings of PXRE

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit ratings of “a” of the reinsurance subsidiaries of the PXRE Group Ltd. (PXRE) (Bermuda). PXRE’s reinsurance subsidiaries are comprised of PXRE Reinsurance Company (Hartford, …

Key Issues Remain Unsolved As Fla. Passes HB 1937

House Bill 1937 passed with a vote of 96-20 on Thursday, despite opposition about exemptions on paying policy limits. One of the key issues still under consideration is a legislative remedy for a 2004 Florida court decision requiring insurers to …