Monthly Archives: <span>February 2007</span>

Lloyd’s Hardy Licenses Use of AIR’s Cat Models

Boston-based AIR Worldwide Corporation announced that Hardy (Underwriting Agencies) Limited, a subsidiary of Hardy Underwriting Group plc, has licensed AIR’s catastrophe risk management systems. Hardy, a prominent Lloyd’s underwriter, specializes in several different lines of business, including both Treaty and …

Industry: Federal Terrorism Insurance Still Vital to National Security

Insurance industry advocates urged Congress today to ensure the availability of terrorism risk insurance through a continued federal government role and to examine long-term solutions before the current backstop legislation, the Terrorism Risk Insurance Extension Act (TRIEA) of 2005, expires …

Safer Schools Seminar Coming to Tenn. on March 7

Indiana Insurance, a member of Liberty Mutual Group, will host its second of four free, day-long Safer Schools Seminars on March 7 at Middle Tennessee State University in Murfreesboro, Tennessee. School violence and sexual abuse are pressing concerns for school …

Man Blames Cell Phone Use for Fatal Crash

The Boulder, Colo., man charged with vehicular homicide while under the influence in a fatal crash that happened in Montana told police he failed to halt at a stop sign because he was trying to use his cell phone. Shawn …

Four Buildings Evacuated after San Francisco Landslide

A landslide of rocks and boulders tumbled down onto a San Francisco apartment building early Tuesday, sending 150 residents of the North Beach district into the streets. No injuries were reported, but at least four buildings were evacuated after the …

Wash. Officials Revise School Bus Safety Rules

Washington state officials are trying to find new ways to ensure that school bus drivers are properly licensed, following an investigation that showed six around the state were working with suspended licenses. Last week, Terry Bergeson, the superintendent of public …

Governor Approves more Food Bank Funds for Citrus Freeze Victims

Gov. Arnold Schwarzenegger has authorized an additional $438,000 to help food banks feed farm workers who were left jobless after a severe January cold snap destroyed more than $1 billion in crops. The announcement brings to $2.2 million the total …

More Than Half of Adults Could Not Meet Expenses If They Became Disabled, Survey Shows

Most Americans are not prepared to deal with the possibility of becoming disabled and, in turn, unable to work, according to new research by the National Association of Insurance Commissioners (NAIC). More than half (56 percent) of U.S. adults say …

Immigrant Scammed Medicare for $1 Million in Mo. Case

Bradley J. Schlozman, U. S. Attorney for the Western District of Missouri, announced that the owner of a medical supply business was sentenced in federal court for his role in a scheme to defraud Medicare of millions of dollars through …

Pa. Town Ends Emergency Fees to Motorists

Commissioners in Radnor Townshp, Pa. have voted unanimously to end a plan to bill out-of-town motorists involved in traffic accidents for police services. “It’s time to give people their money back and kiss and make up,” Commissioner William Spingler said. …