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

A.M. Best: Economic Climate May Trigger a Turn in U.K. Cycle

Underwriting margins in the United Kingdom remain under pressure in 2008, despite positive rate movement in some sectors, according to a report by A.M. Best, which also suggested that the economic downturn could ultimately lead to a turn in the …

Commissioners Warn AIG Policyholders To Be Cautious

California Insurance Commissioner Steve Poizner and Washington Commissioner Mike Kreidler reaffirmed that insurance companies owned by AIG continue to have the risk-based capital needed to operateand warned policyholders of AIG-owned insurance companies to beware of possible cancellation costs if they …

California Offers Protections for Seniors

California Gov. Arnold Schwarzenegger has signed AB 2150 by Assemblymember Patty Berg that helps protect consumers by preventing the financial abuse of seniors. AB 2150 provides that insurance agents and brokers may not use a “senior” designation in the course …

Access General Agency Launches New Web Site

Woodbury, NY, September 30 2008 – Access General Agency (AGA), the leading provider of homeowners insurance solutions to independent brokers in the United States, has launched a brand new fully-interactive web site today. The site, www.accessgen.com, is designed in direct …

Federal Grant will Help with West Virginia Farm Safety Initiative

Reducing farm accidents, specifically those involving young people, is the goal of a two-year federal grant awarded to the West Virginia University Extension Service. The $221,000 grant from the U.S. Department of Agriculture is for the Youth Safe Farm program. …

Strange Claims Indeed 11

Paul Clark, recalled a situation involving a company paying an annuity to an individual in India. A fingerprint found on the back of each check endorsed them. One day, an audit revealed the check recipient had lived well passed the …

Hurricane Hotelier in Texas Sentenced for Fraud

The principal owner of a company that runs a hotel in Texas damaged by Hurricane Ike is reportedly going to prison for committing fraud during two other hurricanes. The U.S. attorney’s office in Houston said 55-year-old Daniel Yeh of Sugar …

Community College Instructor loses at Appeals Court in Alabama

A Mobile community college nursing instructor accused of sexual harassment lost one round Friday in his two-year legal battle to keep his job. The Alabama Court of Civil Appeals reversed a decision by a hearing officer, who had overturned Michael …

California Courthouses Get $5 Billion Infusion

California courthouses will get $5 billion for construction and upgrades under a bill signed into law by Gov. Arnold Schwarzenegger. The bill signed Friday authorizes a $5 billion bond to pay for about 40 major court projects statewide. The bonds …

Michigan Doctors Back Bills to Report Unfit Drivers

Dr. Paul Cullis of Michigan says most patients who have had seizures or blackouts get the message loud and clear: Don’t drive for six months. But some get behind the wheel anyway, not waiting to see if their unconscious spells …