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

North Carolina Officials Allege Hobgood Man Collected on Claim Twice

North Carolina Insurance Commissioner Wayne Goodwin reported the arrest of an Edgecombe County man. The warrant alleges Johnny Harper, Jr., 26, of Hobgood, N.C., collected two settlements for one auto insurance claim. Goodwin said Harper was arrested by Department of …

Salmonella Outbreak Exposes Gaps in Peanut Product Inspection Process

Food regulators didn’t consider salmonella a threat to most peanut products before they traced an outbreak to a peanut butter plant in Georgia two years ago. Officials in the nation’s top peanut-producing state promptly began checking for the bacteria during …

Connecticut Troopers Issued 78,000 Speeding Tickets in 2008

Connecticut officials can thank some lawbreakers for helping a bit with the state’s budget deficit, which continues to be fueled by income and sales tax revenue declines. State police say they issued nearly 78,000 speeding tickets last year, a 16 …

How to Avoid Super Bowl Injuries

You’re cheering on your favorite team in the Big Game, but the next minute you are choking on a chicken wing. It turns out injuries are not limited to the playing field on Super Bowl Sunday. “I’ve seen a number …

National Auto Fraud, Theft Prevention System Set to Go Live

The nation will soon have a new online computer system to help protect states and consumers from automobile fraud and to provide law enforcement with new tools to investigate fraud, theft, and other crimes involving vehicles. The U.S. Department of …

Ratings Roundup: Nationwide Financial, AFLAC, Crusader

A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength ratings (FSR) and the issuer credit ratings (ICR) of the core life/health subsidiaries of Nationwide Financial Services, Inc. (NFS). Best also affirmed NFS ICR …

Allstate Posts 9% Decline in Profit for 2008; Combined Ratio at 99.4%

Allstate reported consolidated revenues were $6.6 billion in the fourth quarter of 2008 and $29.4 billion for the 2008 year, a 9 percent drop from the previous year. The decrease in revenue of $2.4 billion and $7.4 billion for the …

Wells Fargo Names Heads of Insurance Businesses

San Francisco-based Wells Fargo & Co. announced its management team for the combined insurance businesses of Wells Fargo and Wachovia Corp. Reporting to Dave Zuercher, group head of International and Insurance Services, are Neal Aton, head of Wells Fargo Insurance …

Hub’s Forystek Named President of Missouri’s UMB Insurance

Kansas City-based UMB Financial Corp. reported that Roger Forystek has joined the company as president of its insurance subsidiary, UMB Insurance. He will be responsible for overseeing the insurance company and managing growth of insurance sales and distribution. Forystek has …

Louisiana Only State to Add Nonfarm Jobs in December 2008

Louisiana was the only state in the country with an increase in nonfarm jobs from November to December 2008, the Louisiana Workforce Commission (LWC) announced. According to the U.S. Bureau of Labor Statistics, Louisiana gained 3,700 nonfarm jobs over the …