July 30, 2007
A Mississippi insurance agent accused in a kickback scheme with a former Lafayette County supervisor has pleaded guilty to conspiracy under a plea deal in U.S. District Court. Ken Nowlin, of Ecru, avoids a federal trial with the deal and …
July 30, 2007
The Dirigo Health Board of Directors has determined that the state-run Dirigo Health program will save the state’s health care system $78 million in its third year of operation. An organization representing the state’s four major health insurers — Aetna, …
July 30, 2007
Next year’s federal Vioxx trials may focus on people who had strokes after taking the once popular painkiller, the judge assigned to handle pretrial matters in all 8,575 federal lawsuits said last Friday. “We may carve out five or six …
July 30, 2007
The Consumer Product Safety Commission could soon shrink to the point where it can’t effectively protect the public, veteran Commissioner Thomas Moore says. Many employees at the agency responsible for overseeing the safety of many thousands of consumer products are …
July 30, 2007
Faced with a possible First Amendment lawsuit, selectmen in Jaffrey, New Hampshire have rescinded their new guidelines requiring people or groups holding events on town property to buy $1 million insurance coverage. The New Hampshire Civil Liberties Union challenged the …
July 30, 2007
Pearl Insurance indicated last Friday it was preparing to spoil rival British insurance company Resolution PLC’s acquisition of Friends Provident PLC. Pearl announced that it has increased its stake in Resolution to 12.74 percent, suggesting it is moving toward a …
July 30, 2007
A Kansas City-area bank is seeking to seize almost $1 million in rides leased to the closed and bankrupt Wild West World, saying the insurance on them has lapsed. In a court filing last week, Overland Park-based Bank of Blue …
July 30, 2007
Financial services outsourcer BISYS reported that its shareholders voted at a special meeting of shareholders to approve the previously announced acquisition of BISYS by a subsidiary of Citibank N.A. More than 99 percent of the shareholders voting supported the merger, …
July 30, 2007
Florida Gov. Charlie Crist proclaimed July 26 “Get a Plan Day” by announcing the grand opening of Florida’s State Response Center in Orlando. Crist stressed the importance of disaster preparedness by joining a family as they purchased disaster supplies at …
July 30, 2007
Engle Martin Claims Administrative Services, a division of Atlanta-based Engle Martin & Associates Inc., a national independent insurance claims administration and adjusting firm, is continuing to expand into the Professional Liability market with the addition of Stephen A. Saybolt, hired …