Monthly Archives: <span>May 2008</span>

RMS Attends Chinese Regulatory Conference to Promote Data Standards

In the wake of the devastating Sichuan earthquake, representatives from The China Insurance Regulatory Commission (CIRC), Risk Management Solutions (RMS), and China’s Institute of Engineering Mechanics (IEM) met with more than 100 representatives of the domestic Chinese insurance industry at …

FEMA Tours Flood-Damaged Delaware Coast Area

Representatives from the Federal Emergency Management Agency are touring the Delaware coast to evaluate damage from recent flooding. There is no timetable for a possible disaster designation. According to representatives of Delaware’s Emergency Management Agency, 100 homes would have had …

Starr Foundation Pledges $1 Million for China Earthquake Relief

The Starr Foundation of New York and Starr International Foundation of Switzerland have announced a joint grant to the China Charity Federation totaling $1 million for earthquake relief in China. The donation was facilitated by Give2Asia. “Our heartfelt concern goes …

N.C. Home Builder to Fix Fire Walls

A manager for a home builder that installed inadequate fire walls in more than 100 town houses in Guilford and Forsyth counties says the oversight was an “honest mistake,” not an attempt to cut costs. Portrait homes regional manager Paul …

Secquaero Licenses AIR Worldwide’s CATRADER to Manage Cat Bonds

AIR Worldwide Corporation announced that Secquaero Advisors Ltd., an investment specialist with a focus on insurance risk management and intermediation, has licensed CATRADER®, its software for analyzing catastrophe reinsurance and insurance-linked securities. “Secquaero will use CATRADER to better assess and …

California Report Details How to Reduce Fraudulent Insurance Claims

Following a meeting with his Advisory Task Force on Insurance Fraud, Blue Ribbon Review Committee, California Insurance Commissioner Steve Poizner announced that he will implement five actions to help reduce fraudulent claims, including creating a fusion center for insurance fraud …

Georgia Jury Awards Family of Drowned Hospital Patient $5 MIllion

A Georgia jury has awarded $5 million to the family of a woman who drowned in a Gwinnett County hospital bathtub shower eight years ago. The woman, 34-year-old Wendy Wyckstandt entered Gwinnett Medical Center in Lawrenceville four days after giving …

For Emergency Planners, Hurricane Forecasts Have Limited Value

Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to offer his forecast for the six-month hurricane season that starts June 1. And the news media are there, breathlessly awaiting his every word. It’s …

What to Look for in a Lead Generation Service

When searching for a lead generation service, there are some guidelines that will make the process simple. As an agent, it is very important that you only buy leads from services that have your best interest in mind. If you …

Worker Says Employer Retaliated after Harry Potter Related Dispute

The ACLU filed a lawsuit on May 27 against a southeastern Missouri city after a former library worker claimed she was wrongly disciplined when she refused to work at an event to promote a Harry Potter book due to her …