Monthly Archives: <span>September 2009</span>

Great American Unit Adds Small Accounts E&O Coverage

Cincinnati, Ohio-based Great American Insurance Company’s Executive Liability Division (ELD) has added professional liability coverage for small accounts. The company introduced as part of its ExecPro suite of management liability products the ExecPro Professional Liability Solution, designed to address a …

North Carolina Man Charged with Lying About Lightning Damage

According to the arrest warrants, a Holly Springs, North Carolina man lied to his insurance companies and claimed a total of $33,971.91 in fraudulent lightning damage. Insurance Commissioner Wayne Goodwin reported the arrest of Earl Harvey Scott, who allegedly claimed …

Maryland Insurance Administration Accredited by State Regulators

The Maryland Insurance Administration (MIA) has been given a five year accreditation from the National Association of Insurance Commissioners (NAIC) for solvency regulation. The accreditation under the Financial Regulation Standards and Accreditation Program was awarded at the meeting of the …

Pennsylvania Farmers Reminded of Sept. 30 Crop Insurance Deadline

Pennsylvania farmers can protect their income against unexpected losses by purchasing crop insurance before Sept. 30, said acting Agriculture Secretary Russell Redding. The Crop Revenue Coverage (CRC) base fall price for winter wheat is set at $5.29 per bushel for …

Mississippi Coaches Work to Lower Injury Rate in School Sports

Willie Collins hasn’t forgotten his days as a football player in the 1970s, well before many of the advances in modern sports medicine. Frequent backaches and his recent hip replacement surgery provide all the reminders Collins would ever need or …

Kentucky High Schoolers Push for Anti-Texting Bill

A Kentucky high school class is taking a hands-on approach to learning about the legislative process by pushing for a bill that would ban texting while driving. The News-Enterprise of Elizabethtown reports that the strategy by Leslie McCurry’s law and …

New York City Begins New Licensing of Pedicabs

The New York City Department of Consumer Affairs has begun accepting license applications from pedicab business owners. The deadline to submit applications is Nov. 20. Pedicab operators must obtain driver licenses that are valid under New York State law and …

PartnerRe to Pursue Acquisition of the Remainder of PARIS RE Shares

Bermuda-based PartnerRe Ltd. announced that it has entered into definitive agreements amending the acquisition structure of PARIS RE Holdings Limited (Euronext:PRI), the French-listed, Swiss-based diversified reinsurer that it’s in the process of acquiring [See IJ web site – https://www.insurancejournal.com/news/international/2009/07/06/101953.htm.] PartnerRe …

Bank of America, Execs Owe Investors ‘Billions,’ Says Ohio AG Lawsuit

Investors in a class-action lawsuit against Bank of America Corp. over the Merrill Lynch & Co. takeover are trying to collect “billions of dollars” in damages, Ohio’s attorney general said Monday. Attorney General Richard Cordray spoke after filing a 155-page …

U.S. Court Reinstates Alaska Smoker Case Against Altria Tobacco

A U.S. appeals court Monday reinstated an Alaska lawsuit against Altria Group Inc.’s Philip Morris USA by the survivor of a deceased smoker, saying her state product liability claims were not preempted by federal law and should have been tried …