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

C&C Complete Services Joins DKI

Disaster Kleenup International Inc., a network of quality, independent property damage restoration contractors, announced that C&C Complete Services, based in Springfield, Virginia, has joined the organization to strengthen DKI’s network in the Mid Atlantic region. C&C Complete Services has been …

AIA: Calif. Comp Rate Regulation Bill Fails Passage

On Wednesday, the California Assembly Insurance Committee said now is not the time for rate regulation and it was too early to judge the impact of the historic workers’ compensation reforms (SB 899) on rates, reported the American Insurance Association …

Pyrotechnics, Picnics Place Premium on Prevention

Weather forecasts are mixed in the Pacific Northwest for this year’s Fourth of July observances, but fair weather or foul, the Federal Emergency Management Agency (FEMA) and the U.S. Fire Administration (USFA) warn that careless handling of fireworks and outdoor …

AIA Urging Louisiana Gov. Blanco to Veto Anti-Safety Bill

The American Insurance Association (AIA) has called on Louisiana Gov. Kathleen Blanco (D) to veto HB 509, which would prohibit insurers from adequately pricing personal auto, motorcycle and liability insurance coverage for persons convicted of violating Louisiana law requiring the …

Texas Teacher Charged with Giving Passing Grades if Students Burn Car

A chemistry teacher in Houston who was months behind on her car payments gave passing grades to two failing students after asking them to steal her Chevrolet Malibu and burn it so she could collect on its insurance, authorities alleged. …

CNC Cards Survive Repeal of CNC Program; Labor Department to Remain Open Late

The Oklahoma Department of Labor reported that its legal interpretation of recently passed Certificate of Non-Coverage (CNC)legislation is that CNC cards remain in effect until the expiration date printed on the cards. The legislation repeals the CNC program effective July …

NAMIC Praises La. Lawmakers for Adjustments to Residual Market Rating Formulas

Louisiana lawmakers should be commended for adjustments they have made in the rating formulas used to calculate rates for the state’s residual markets, according to an official of the National Association of Mutual Insurance Companies. State Affairs Manager David Reddick …

OSHA Cites Mass. Contractor for Cave-In Hazards

A Dedham, Mass., contractor’s reported failure to supply cave-in protection for employees working at a Lowell, Mass., jobsite has resulted in $52,000 in proposed penalties from the U.S. Labor Department’s Occupational Safety and Health Administration (OSHA). On April 22, an …

FERMA Active in EC Drive to Expand Risk Management Techniques

The Federation of European Risk Management Associations (FERMA) has been taking an increasingly active role in supporting the efforts of the European Commission to expand the use of risk management techniques in the European Union and other countries. FERMA’s Executive …

Best Affirms Ratings of Mapfre Mutualidad and Affiliates

A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of the Spanish insurance group Mapfre Mutualidad de Seguros y Reaseguros, the ultimate parent of the Mapfre Group (commercially referred to as Sistema Mapfre). The …