November 26, 2004
State and federal officials plan to announce a lead paint settlement in that will require a prominent Boston real estate company to test for and remove lead paint from more than 7,000 apartments in Massachusetts. Officials say the consent decree …
November 26, 2004
The employer of two workers killed in a July construction accident on a Hobe Sound work site has been arrested and charged with workers’ compensation fraud, Florida’s Chief Financial Officer Tom Gallagher announced. According to investigators with the Department of …
November 25, 2004
A Denver sheriff’s deputy initially told he was ineligible for workers’ compensation after trying to rescue an infant from a burning house, might be able to receive benefits after all, authorities said. George Gatchis, 32, was nearly rendered unconscious and …
November 24, 2004
Kentucky Gov. Ernie Fletcher recently announced the appointment of Jon Ackerson of Louisville to the Kentucky Employers’ Mutual Insurance Authority Board of Directors. Ackerson is currently an attorney with Ackerson & Ackerson in Louisville. Ackerson has worked for more than …
November 24, 2004
The Georgia Department of Insurance approved this week the proposed merger of Cotton States Life Insurance Company with a subsidiary of COUNTRY Life Insurance Company, and the affiliation of Cotton States Mutual Insurance Company and its subsidiary, Shield Insurance Company, …
November 24, 2004
A.M. Best Co. has assigned an initial financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Wellington Specialty Insurance Company (Scottsdale, Ariz.) (Wellington Specialty), a newly formed U.S. insurer that is part of the Wellington …
November 24, 2004
California Attorney General Bill Lockyer subpoenaed Seattle-based property/casualty insurer Safeco Corp. in connection with his investigation into bid rigging and price fixing in the insurance industry, according to Reuters. Safeco said it would cooperate with the subpoena, which was received …
November 24, 2004
California Insurance Commissioner John Garamendi announced several arrests in a large, “paper collision” insurance fraud ring. He also asked the community to assist in locating three members who remain at large. On Oct. 6, 2004, seven of 10 suspects were …
November 24, 2004
The Professional Insurance Agents of New York State Inc. will feature two continuing education courses during its annual Metropolitan Regional Awareness Program, Thursday, Jan. 20, 2005, at the New York Marriott Brooklyn, Brooklyn, N.Y. This is PIANY’s first RAP scheduled …
November 24, 2004
A five-week internal investigation at Kansas City, Mo.-based commercial-lines carrier Employers Reinsurance Corp. has so far uncovered “isolated instances” of bids inflated at the request of Marsh Inc. brokers, according to a spokesman contacted by IJ. There were fewer than …