A recent follow-up survey by the American Society of Safety Engineers (ASSE) has found that many companies and organizations in all industries have yet to address the problem of workplace violence. The ASSE Risk Management/Insurance Practice Specialty group surveyed ASSE …
Legislation approved by the U.S. Senate would set up a confidential, voluntary reporting system under which doctors and hospitals could disclose information on medical errors without fear of legal repercussions. Sponsors of the legislation, led by Sen. James Jeffords, I-Vt., …
Responding to a request by Maryland Gov. Robert Ehrlich, Jr., the U.S. Small Business Administration (SBA) has surveyed damage from July 12 & 13 floods in Cecil and Harford counties and has declared an “SBA Disaster” for those counties. “I …
Maryland Attorney General Joseph Curran, Jr., announced the filing of criminal insurance fraud charges against Dorothy Faye Mortimer, 61, of Waldorf, Maryland. In a forty-four (44) count criminal indictment filed in the Circuit Court for Prince George’s County, Mortimer was …
North Dakota Gov. John Hoeven announced that Eddy County is now eligible for disaster assistance through the Federal Emergency Management Agency’s (FEMA) Public Assistance program. The move came in response to flooding and severe storms that occurred between March 26 …
The Tillinghast business of Towers Perrin has announced that Peter Gentile has joined as national director of business development in its property/casualty insurance practice. In this newly created position, Gentile will be responsible for client relationship management in the U.S., …
ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, has introduced hurricane spin-down insurance that can be used by the chemical process industry to help reduce the financial costs of closing down plant operations in response …
Bermuda-based PartnerRe Ltd. reported net income of $119.8 million, or $2.12 per share on a fully diluted basis, for the second quarter of 2004. This net income includes net after-tax realized gains on investments of $10.1 million or $0.19 per …
Editor’s Note: Since the original publication date of this article, John Carstea has been acquitted by jury trial on Sept. 29, 2005 on charges of uttering a forged instrument, insurance fraud by false claim, and grand theft in the 3rd …
Texas-based American National Insurance Co. announced second quarter 2004 net income of $64,154,000 ($2.42 per share) compared to $25,780,000 ($0.97 per share) for the same period in 2003. After tax net gain from operations for the second quarter was $49,758,000 …
