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

NAS Insurance Services Appoints Casas as Underwriter

Encino, Calif.-based NAS Insurance Services has appointed Sandra Casas as underwriter and facility manager for its technology products. Casas brings a broad underwriting experience in technology errors and omissions, cyber and media liability, and miscellaneous E&O. She previously worked for …

Ratings: Max Capital

Standard & Poor’s Ratings Services said today that it revised its outlook on Max USA Holdings Ltd. and Max Capital Group Ltd. to positive from stable. S&P also affirmed its ‘BBB-‘ counterparty credit ratings on both companies. Max USA Holdings …

1 Arrested in North Carolina Insurance Fraud Scheme, 1 Awaits Indictment

North Carolina officials arrested two suspects on an alleged insurance fraud scheme, according to Insurance Commissioner Jim Long. John Wesley Baum, 30, is behind an insurance fraud scheme in which he helped his alleged associate file a false police report …

Research: Hands-Free Law Might Not Make California Roads Safer

A growing body of evidence suggests California requiring adult drivers to use hands-free devices with their cell phones will do little to reduce crashes. Research shows being a distracted driver is not necessarily about having both hands on the wheel, …

Schools Group, Manufacturers Association Earn Texas Mutual Dividends

Texas Mutual Insurance Company announced a $498,348 dividend to the Texas Schools Group (TSG) workers’ compensation purchasing group and a $65,128 dividend to the Texas Association of Manufacturers (TAM) purchasing group. TSG administrator Perry Hunter Hall Inc. will distribute the …

Kentucky Insurance Office Helping with Residual Storm Claims

Roofers and other construction workers are busy repairing damage from the severe weather that raced through Kentucky early last month. When the Kentucky Office of Insurance sent members of its emergency response team to seven counties the week after the …

NOAA: Major U.S. Flooding A Sign Of Things To Come

Major floods that struck America’s heartland last week offer a preview of the spring seasonal outlook, according to the National Oceanic and Atmospheric Administration’s National Weather Service. Several factors will contribute to above-average flood conditions, including record rainfall in some …

Sarkozy, Brown Pledge New Era of Cooperation

French President Nicolas Sarkozy and British Prime Minister Gordon Brown vowed to boost cooperation on the economy and immigration on Wednesday as Sarkozy began a visit aimed at improving awkward ties. Sarkozy, speaking of “Franco-British brotherhood”, said he would ask …

Preferred Employers Introducers Medical Provider Network for California Businesses

San Diego-based Preferred Employers Insurance Co., which specializes inworkers’ compensation insurance for small employers in California, has created a medical provider network for treatment of work related injuries. The network, Preferred Select MPN, is comprised of a select number of …

Kentucky Woman Receives Prison Term for Insurance Fraud

Federal officials sentenced a Prospect, Ky. woman to 41 months imprisonment for one count of mail fraud, U.S. Attorney David L. Huber of the Western District of Kentucky announced. Chief Judge John G. Heyburn II, also sentenced Gail Kubovchik, 57, …