Yearly Archives: <span>2005</span>

Chubb: Workplace Flexibility Initiative Boosts Employee Productivity

“Flexible work hours can be more than an employee perk. They also can be an effective tool to increase productivity,” said John D. Finnegan, chairman, president and CEO of The Chubb Corporation. At a press briefing today at the National …

Mich. OFIS Releases Consumer Publications in Spanish

This week, the Michigan Office of Financial and Insurance Services announced that they have released some of their most popular free consumer publications in Spanish. “Michigan’s diversity presents us with opportunities to provide information in a variety of forms,” said …

Audi, Infiniti Earn Good Ratings on Front, Side Impact Crash Tests

Two large luxury cars earned top ratings in both front and side impact crash tests recently conducted by the Insurance Institute for Highway Safety. The 2005 Audi A6 earned good ratings and “best pick” designations for its performance in both …

FEMA Head Urges: Consumers Need to Learn Flood Insurance Basics

Homeowners, renters and business owners are being urged to learn the basics about flood insurance and to protect their homes and businesses before another storm hits by Michael D. Brown, the Department of Homeland Security Under Secretary and head of …

In Rare Development, Md. Regulators and Insurance Agent Rescue Insurer

In a rare instance of an insurer surviving a state takeover, Mutual Fire Insurance Company of Carroll County has been successfully rehabilitated and has emerged from state receivership as a fully operational insurer, Maryland Insurance Commissioner Alfred W. Redmer, Jr. …

N.Y. Workers’ Comp Rates to Rise 5%; State Rejects Insurers’ 16% Bid

New York Superintendent Howard Mills approved on July 15, 2005 a 5 percent increase in the average workers’ compensation rate for one year beginning Oct. 1, 2005. The decision comes in the wake of the New York Compensation Insurance Rating …

Hurricane Frances Damage Claims Being Audited in Bladen County, N.C.

Almost a year after remnants of Hurricane Frances dropped less than 2 inches of rain in Bladen County, N.C. Federal authorities are auditing $2.7 in federal disaster aid received by 1,200 residents to determine if they fraudulently applied for Federal …

FEMA Seeking Refunds from 6 Indiana Families Paid in Error

Six Hazleton, Indiaina families who received aid from the Federal Emergency Management Agency following January flooding in their southwestern Indiana town are being asked to repay the money because of a computer error. FEMA spokeswoman Linda Sacia said the checks …

R.I. Blues Settles Class Action Suits Over Drug Discounts for $17.5 Million

Rhode Island’s largest health insurer, Blue Cross & Blue Shield of Rhode Island, has agreed to pay $17.5 million to settle two class-action lawsuits affecting thousands of customers. Under the settlement, Blue Cross payments ranging from $10 to $1,400 will …

D.C. Police Step up Enforcement of Insurance Rule to Catch Scofflaws

It’s a small piece of paper, but if a cop pulls over a driver in the District of Columbia who doesn’t have it, it could be an expensive mistake. Starting Saturday, police in the nation’s capital began to step up …