Monthly Archives: <span>August 2013</span>

Cyber Alert: Syria, Aided by Iran, Could Retaliate Against More U.S. Companies

If the United States attacks Syria, it will be the first time it strikes a country that is capable of waging retaliatory cyberspace attacks on American targets. The risk is heightened by Syria’s alliance with Iran, which has built up …

Insurance Society of Philadelphia Names New President

The Insurance Society of Philadelphia recently announced the appointment of Russell Shaner as its new president.With 35 years of experience in the insurance industry, Shaner most recently served as regional claims director for AAA NCNU Insurance Exchange (the successor organization …

Burand’s Agency E&O Blog: Tip #42

Policies Subject to Audit. Audits are one of the few E&O exposures agencies have that do not involve a claim. A good method for protecting the agency from audit related E&O claims is to disclose what policies are subject to …

Farmers Names Weinstein General Counsel in California

Los Angeles, Calif.-based Farmers Insurance named Steven Weinstein general counsel. Weinstein is the former chairman of the Barger & Wolen law firm. Weinstein is replacing Frank Ceglar, a 36-year veteran of Farmers. Weinstein will oversee the company’s legal department, including …

Gov. Christie Defends N.J. Tourism Advertisements

New Jersey Gov. Chris Christie is defending tourism ads the state is running in the aftermath of Superstorm Sandy. During a Tuesday morning appearance on the North Wildwood boardwalk, Christie said the ads were never meant to imply that the …

Conn. Supreme Court Reverses Trial Court Ruling, Says Acordia Didn’t Breach CUIPA

The Connecticut Supreme Court issued a ruling in favor of Acordia insurance brokerage Monday. The Connecticut Supreme Court, the state’s highest court, reversed a lower trial court’s 2010 ruling that previously found Acordia — now called Wells Fargo Insurance — …

Judge Denies BP’s Bid to Halt Gulf Oil Spill Payments Pending Investigation

BP Plc lost a renewed bid to suspend payments from the court-supervised program administering its settlement of claims tied to the 2010 Gulf of Mexico oil spill. An investigation of alleged wrongdoing at the Mobile, Alabama, claims assistance center didn’t …

Louisiana Community ‘a Ghost Town’ a Year After Isaac

Isaac barely had hurricane-strength winds when it blew ashore southwest of New Orleans a year ago, but its effects are still apparent in coastal areas where it flooded thousands of homes. After landfall on Aug 28, 2012, Isaac stalled, dumping …

North Carolina Couple Charged with Insurance Fraud Over Camper Rental

North Carolina Insurance Commissioner Wayne Goodwin recently announced the arrests of Johnny Ball, 49, and Joni Ball, 49, of Pink Hill on charges of insurance fraud and obtaining property by false pretense. Department of Insurance criminal investigators allege that Johnny …

Oklahoma Governor Appoints First Workers’ Comp Commissioner

Oklahoma Gov. Mary Fallin has selected a longtime Oklahoma businessman as her first appointee to the new Oklahoma Workers’ Compensation Commission. Fallin announced she has chosen Troy Wilson Sr. for the post. The Legislature created the commission last year as …