Monthly Archives: <span>July 2007</span>

Buker Named Mo. Workers’ Comp Director

Jeff Buker has been named as Missouri’s new workers’ compensation director, labor officials said. Buker has worked on various division projects in the past year and a half involving self-insurance and the Second Injury Fund, the Department of Labor and …

Merchants Preferred Opens for Business in N.Y.

Merchants Mutual Insurance Co. reports that its recently formed subsidiary, Merchants Preferred Insurance Co., is now accepting business in New York, effective Aug. 1. Merchants Preferred is a wholly-owned subsidiary of Merchants Mutual Insurance Co. Merchants Preferred targets preferred risk …

III Promotes Weisbart to Chief Economist

Dr. Steven N. Weisbart, vice president and economist for the Insurance Information Institute, has been named chief economist of the organization, announced Dr. Robert P. Hartwig, president of the III. Weisbart will oversee the Institute’s program of economic research and …

N.J. Customer Sues Starbucks Over Loose Lid on Hot Tea Cup

A Wayne, New Jersey man who says he was scalded when the lid on his hot tea came off has filed a lawsuit against Starbucks. Antonio Couso, 45, asserted in the lawsuit that the lid was not on properly and …

RMS: U.K. Summer Floods Could Cost Insurers £2.25 Billion

The June and July floods that gripped parts of the U.K. could cost insurers between £2.25 billion and £3.25 billion in total, according to latest estimates by Risk Management Solutions (RMS). Insured losses from the July flood are likely to …

China Plans to Expand Health Insurance to All Urban Citizens

China plans to expand its medical insurance programs over the next three years to cover all urban citizens, including children and the unemployed, a state news agency last week quoted Premier Wen Jiabao as saying. China’s health care programs have …

Concrete Supplier to Pay $50 Million to Settle Big Dig Case

A concrete supplier for Boston’s Big Dig tunnel has agreed to pay a $50 million settlement to end civil and criminal investigations into more than 5,000 truckloads of substandard concrete it delivered to the massive highway project, state and federal …

Ala. Outdoorsman Facing $1 Million Judgment Apparently Flees U.S.

Edmond H. “Eddie” Smith IV, a flamboyant Alabama outdoorsman who was fitted with an electronic monitoring device and faces an order to pay more than $1 million in an insurance fraud case, has fled and may be in another country, …

Ala. Judge Appoints Prosecutors in Katrina Insurance Case

A federal judge appointed two veteran Birmingham, Ala., attorneys to prosecute a prominent Mississippi attorney and his law firm for criminal contempt in a Hurricane Katrina insurance dispute. In an order made public July 27, U.S. District Judge William Acker …

N.C. Approves Public Financing for Insurance Commissioner, Others

The North Carolina House narrowly approved the expansion of a voluntary public financing program for three more statewide elected offices, a move meant to reduce the influence of special interest money. Under the proposal, initially approved 53-52 after House Speaker …