Monthly Archives: <span>April 2010</span>

U.S. Targets Crop Insurers’ Profits

The federal government wants to save taxpayers billions of dollars by reducing spending on crop insurance after years of big profits by insurers, but the industry claims the reductions could hurt rural areas. The U.S. Department of Agriculture is negotiating …

Gulf of Mexico Leak Grows, Oil Slick Near Shore

The U.S. Coast Guard said Wednesday five times as much oil as previously estimated was leaking from a well beneath the site of a deadly drilling rig explosion as the slick threatened wide-scale coastal damage for four U.S. Gulf Coast …

PMA Cos. Launch New Claims Technology Platform

PMA Cos. has launched PMA Claim Center as its new claims technology platform. The platform fully integrates with all of PMA’s services and is a major systems enhancement. The announcement came at the RIMS 2010 Annual Conference & Exhibition in …

How Quickly Do Insurance Professionals Need To Call Their Leads?

Recently, Leads360 published a breakthrough study explaining how many times your company should be calling each of leads that it purchases or generates. We received a lot of great feedback, but one of the questions that commonly came up was, …

Toyota to Recall 50,000 Sequoia SUVs

Toyota Motor Corp will voluntarily recall about 50,000 Sequoia sport utility vehicles because a glitch in the stability system can cause unexpected acceleration problems, the company said Wednesday. Toyota said it had received no reports of accidents or injuries resulting …

Harleysville Reports $8.1M Profit, Ratings Upgrade

Pennsylvania-based Harleysville Insurance Group posted an $8.1 million profit in the first quarter – a drop compared with the $17.3 million it made in the year-ago quarter, but enough to earn an upgraded rating from A.M. Best. Catastrophe losses were …

Contractor Cited in Dallas Cowboys Stadium Workers’ Fall

Federal workplace safety watchdogs are citing a contractor for the fall of two of its workers at Dallas Cowboys Stadium in Arlington, Texas. The two workers slid 260 feet down the stadium’s frost-covered roof before landing in a rain gutter …

Feds Announce $38 Million Recovery Grant for Cedar Rapids, Iowa

Federal officials announced a $38 million grant in the latest effort to help Cedar Rapids, Iowa, rebuild after devastating floods that hit the city nearly two years ago. The grant will include $35 million for the construction of a downtown …

USI Southwest Adds Altenbaumer-Price in Dallas

Kara Altenbaumer-Price has joined USI Southwest in Dallas as director of Complex Claims and Consulting. Altenbaumer-Price comes to USI Southwest from the Corporate Compliance, Investigations and Defense group at Andrews Kurth LLP. Altenbaumer-Price will work with Steve Campo, MPS Practice …

Five Injured in Explosion at Laurel Home

Laurel fire officials say five people — including three children — were injured when an explosion flattened their home. Firefighters were called to the home on Dogwood Lane around 9:45 p.m. Monday. Laurel Fire Chief Steve Brittingham says two parents …