Yearly Archives: <span>2012</span>

Florida Can and Should Fix its Own Insurance Problems

You have to hand it to the Palm Beach Post. First, the paper sends out a reporter to a press conference with Gov. Rick Scott to ask his opinion of a “national windstorm pool,” and builds an entire story (no …

EU Insurers Still Coming to Terms with Solvency II as Start Date Nears

“Over the next 18 months it’s estimated that Ireland will spend 100 million euros (app. $125 million) on preparations for Solvency II (SII),” said Garvan O’Neill, a partner in PricewaterhouseCoopers’ financial services practice, who headed a panel discussion on the …

Recruiter in City Nursing Kickback Scheme Pleads Guilty in Houston

A Houston man has pleaded guilty to recruiting patients for a healthcare provider in return for kickbacks. Floyd Leslie Brooks, 45, entered a plea of guilty to conspiracy to violate the Anti-Kickback Statute for his role in the $45 million …

Iowa Landfill Blaze Produces Diesel-Like Byproduct

A days-long fire at the Iowa City Landfill has created a combustible substance that officials are sending to western Nebraska for incineration. The Iowa City Press-Citizen said that the pyrolytic oil is a byproduct of the blaze that has been …

State Fire Marshal Added to Louisiana Carnival Ride Lawsuit

The mother of two teens injured last year on a carnival ride in Greensburg, La., is suing the state Fire Marshal’s Office. The Advocate reports the lawsuit alleges the fire marshal’s office failed to properly inspect the ride prior to …

W.Va. Families Head to U.S. Capitol Over Mine Safety

Relatives of three miners killed in West Virginia’s Upper Big Branch disaster are in Washington, D.C., to press for the passage of long-stalled mine safety legislation by July 4. Gary Quarles lost son Gary Wayne in the 2010 explosion that …

Arkansas Chemical Plant to Reopen After Blast

El Dorado Chemical says it will soon resume operations after last month’s explosion at its plant in south Arkansas. No one was hurt in the May 15 blast at the plant, which produces chemicals for farming and industrial uses. The …

Arthur J. Gallagher & Co. Acquires Broker Benefit Services

Arthur J. Gallagher & Co. has acquired Broker Benefit Services L.L.C. in Chesterfield, Mo. Terms of the transaction were not disclosed. Founded in 2001, Broker Benefit Services offers employee benefit brokerage and consulting services for clients throughout the Midwest. The …

Markel Expands Motorcycle Coverage to New Jersey

Markel American Insurance Co. has expanded its recreational vehicle coverage into New Jersey. For over 35 years, Markel American Insurance Co. has insured factory-made and custom-built motorcycles and trikes. New Jersey becomes the 48th state where cyclists have the opportunity …

Louisiana Woman Convicted of Bank Theft, Will Pay $284K to Insurer

A federal judge has sentenced a former employee of Teche Federal Bank in New Iberia to 27 months in prison for embezzling over $387,000 between June 2008 and January 2011. On Wednesday, U.S. District Judge Rebecca Doherty also ordered Brandy …