Yearly Archives: <span>2006</span>

Pa. Study: Hospital-Acquired Infections Cost Insurers Extra $613M

Updated figures confirmed by Pennsylvania hospitals show that the patient safety and financial impact of hospital-acquired infections is larger than originally reported, according to a new research brief from the Pennsylvania Health Care Cost Containment Council (PHC4). During the first …

Younger Adults and Those Earning Above $75K Most Likely to Suffer ID Theft

Households headed by young people (18-24 years old), those in urban or suburban areas, and those with incomes of $75,000 or more were the most likely to experience identity theft, according to a new government survey. Victimization did not differ …

Court Upholds Repeal of Puerto Rico’s Countersignature Law

The U.S. Court of Appeals for the First Circuit has refused to overturn a ruling striking down Puerto Rico’s controversial countersignature law that required non-resident commercial insurance brokers to have the countersignature of a Puerto Rico resident agent before they …

Kentucky Issues Reminder About Flood-Damaged Vehicles

Used car buyers have been reminded by Kentucky Attorney General Greg Stumbo to beware of buying flood-damaged vehicles from last summer’s hurricanes and alerted consumers to an additional source of information for researching whether a particular vehicle may be flood-damaged. …

Kentucky Psychiatrist Sentenced for Over Billing, Fraud

Kentucky Attorney General Greg Stumbo announced that Dr. Arthur Daus, a psychiatrist who had been practicing in the Louisville area, has been sentenced in Jefferson Circuit Court for illegally over billing Medicaid and Medicare for multiple office visits even though …

Alabama, Nebraska Receive $1.2M Hurricane Counseling Grants

Alabama and Nebraska have been awarded $1.2 million for crisis counseling assistance in the aftermath of hurricanes Katrina, Rita and Wilma, according to Charles Curie, administrator of the Substance Abuse and Mental Health Services Administration. These grants are awarded through …

Booth Retires; Beller to Manage Hull’s Tampa Branch

Susan ‘Susie’ Booth, one of two employees who in 1979 started the St. Petersburg branch of Hull & Company, retired March 31. At the same time, the company announced that Larry Beller will replace Booth. During Booth’s tenure as branch …

Insurers Well-Braced for Next Big California Earthquake

When the next big earthquake strikes California, it’s unlikely to hurt the insurance industry as much as the last one did. The nation’s largest property insurers curtailed their exposure to California quakes a decade ago when they persuaded state lawmakers …

Scam Artist Asks for Insurance, Takes $56,000 From Couple

A couple from the Philomath, Ore., area lost nearly $56,000 to a scam artist who told them they’d won a lottery but had to send “insurance” money before they could cash in their winnings, the Benton County sheriff’s office said. …

Archdiocese Digs into Reserves to Settle Sex-Abuse Claims, Settles with Insurance Carrier

The Seattle Archdiocese has dug into its reserve funds to cover the cost of settling sex abuse claims, church officials said. Meanwhile, the Roman Catholic Diocese of Spokane and one of its main insurance carriers have agreed to a $5.25 …