Monthly Archives: <span>August 2006</span>

Wis. Appeals Court Upholds Dismissal of Suit Against Archdiocese

Four people who accused two Roman Catholic priests of abusing them in the 1970s and 1980s cannot sue the Archdiocese of Milwaukee because the statute of limitations has expired, a state appeals court ruled this week. The District 1 Court …

Maine Jury Awards Widow $4.2M in Forklift Death

A federal jury has awarded $4.2 million to a Sanford woman whose 48-year-old husband was killed three years ago in a workplace accident involving a forklift truck, but the amount she stands to receive will be considerably less. Jurors deliberated …

Miss. Appeals Court Throws Out $3M Award for Accident Stress

A $3 million damage award in a lawsuit over a “fender bender” has been thrown out by the state Court of Appeals. A Bolivar County jury in 2003 awarded Martha Ireland $3 million in damages based on Ireland’s claim that …

Fla. Gubernatorial Hopefuls Focus on Rising Insurance Costs

Gerlinde Thomas doesn’t often get deeply involved in politics, and during a recent interview she wasn’t even 100 percent sure what party she’s in. “I think I’m a registered Democrat,” said Thomas, a nurse who lives in Pinellas County, near …

Lloyd’s Outlines its Reinsurance Activities, Thunderbird Re Sidecar

In anticipation of the upcoming Reinsurance Rendezvous in Monte Carlo, Lloyd’s has presented an outline of its reinsurance activities and announced the creation of a Cayman Islands-based sidecar, Thunderbird Re, to back up the capacity of its Syndicates. The world’s …

Category 3 Hurricane John Threatens West Coast of Mexico

Although they infrequently touch land, the Pacific Ocean has hurricanes too, and John is a bad one. The storm is currently hugging the coast of Mexico. Its center was located near latitude 18.3 north/longitude 104.9 west or about 75 miles/120 …

National Contractors Ins. Co. – Making GL Insurance Affordable for General & Artisan Contractors

National Contractors Insurance Company, Inc., a Risk Retention Group (NCIC) specializes in general liability insurance for the licensed general and artisan contractor. Minimum Premium for most artesian classes and markets begin at $1,500, general contractor at $3,000. Industry required endorsements …

Pa. Agent Accused of Stealing Premiums to Gamble Online

Criminal charges have been filed against a Potter County, Pa. insurance agent who is accused of stealing more than $21,000 in insurance premiums from clients for online gambling and other personal uses, according to Pennsylvania Attorney General Tom Corbett. The …

Katrina By the Numbers: $10.5 Billion in Claims Paid in Miss.

There have been 483,693 claims filed and more than $10.5 billion paid to Mississippians for Hurricanes Katrina and Rita, according to the Mississippi Insurance Department. Those numbers were as of August 1, 2006 and include figures from private insurance companies, …

Ill. Fundraiser Gets $900,000 No-bid State Contract as Special Examiner

A prominent Democratic fundraiser for Gov. Rod Blagojevich was awarded a $900,000 no-bid state contract months after being cut from an investment proposal that has drawn scrutiny from federal investigators, according to a published report. The Blagojevich administration awarded Chicago …