Monthly Archives: <span>September 2004</span>

DriveSavers Offering Discounts for Hurricane Victims

DriveSavers Inc. a provider in data recovery services, is offering discounted data recovery service to hurricane and storm victims with computers that suffered damage from severe weather conditions in Florida, Mississippi, Louisiana and Georgia. “We know the enormous consequences of …

TWCC Imposes Nearly $2M in Penalties for FY 2004

The Texas Workers’ Compensation Commission reported it issued penalties totaling almost $2 million between Sept. 1, 2003 and Aug. 31, 2004 for administrative violations committed by system participants. A total of 2,195 Notices of Violation (NOVs) were issued during the …

XL Promotes Corbally to COO of Weather & Energy

Stamford Conn.-based XL Weather & Energy, Inc. (XLWE) a division of Bermuda’s XL Capital Ltd., announced the appointment of Mr. Michael Corbally as Senior Managing Director and Chief Operating Officer, reporting to Mr. Robert R. Lusardi, Chief Executive of XL’s …

CIAB Urges TRIA Extension, Passage of Regulatory ‘Roadmap’ at Testimony

The Council of Insurance agents & Brokers has told Congress that it “should move to extend the federal terrorism backstop beyond its Dec. 31, 2005, expiration date because the private marketplace is not prepared to take on the full risk …

ACE USA Expands DBA Workers’ Comp Coverage; House Named to Lead DBA Product Initiative

ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, announced the expansion of its Defense Base Act (DBA) product offerings. The new coverages includes “risk control and claims management services for DBA workers compensation exposures for …

Aviva to Outsource an Additional 950 Jobs

Aviva Plc., the U.K.’s largest insurer, announced that it plans to increase its offshoring capacity by moving some 950 jobs offshore “to service its existing Norwich Union businesses.” The group has already created some 3700 jobs in India. It expects …

‘Hurricane Watch’ Likely for Florida

Although Hurricane Jeanne has weakened slightly, the storm’s maximum sustained winds are still near 100 mph (160 km/hr) with higher gusts. However, the National Hurricane Center’s latest bulletin warns, “some strengthening is possible during the next day or two.” Hurricane …

Hub Enhances Embassy Insurance Program

Chicago-based Hub International Limited announced that it has enhanced its exclusive Embassy Program, providing property and casualty insurance to embassies, consulates and missions to the United Nations in Washington DC and New York City. Hub also announced that it has …

Probe of Fatal Carnival Accident in Mass. Underway

The U.S. Consumer Product Safety Commission is investigating the carnival ride accident that killed one rider and injured two others at a church fair in Shrewsbury, Mass. Andrew R. Fohlin, a 38-year-old resident of a nearby home for the mentally …

Sen. Schumer Seeks N.Y. Nuke Workers’ Compensation

Standing with former nuclear workers from western New York, U.S. Senator Charles E. Schumer (D-N.Y.) took the federal government to task for not processing claims of 525 former nuclear workers or their survivors, and called on them to push the …