Monthly Archives: <span>March 2016</span>

North Dakota Insurance Department Recovers $3.4M for Consumers in 2015

North Dakota’s chief insurance regulator says his agency recovered or saved $3.4 million for the state’s citizens in 2015. This number represents money recovered through the North Dakota’s Insurance Department’s hotline, through complaints filed by consumers against insurance companies and …

Alabama Supreme Court Overturns $12.6M Verdict in Workplace Accident Case

The Alabama Supreme Court has overturned a $12.6 million judgment in a lawsuit resulting from a workplace accident. The justices sided with Dothan-based South Alabama Brick Co. in a decision released Friday. A Mobile County court returned the judgment against …

South Carolina Paid $40M to Settle Road Claims Since 2010

A newspaper in South Carolina has reported the state has paid about $40 million since 2010 to settle road claims and lawsuits against the Transportation Department, with much of that money going to settle cases involving damages caused by potholes. …

Mississippi Sisters Arrested For Workers’ Comp Fraud

Deputies in Harrison County, Mississippi, have arrested two relatives in an ongoing case of worker’s compensation fraud that occurred at a Gulfport business. The Sun Herald reports Sheriff Troy Peterson said 39-year-old Detria L. Vogle, of Biloxi, and 26-year-old Rachel …

Rating Agency Warns P/C Insurers on Taking On Too Much Cyber Risk

If they are not careful, property/casualty insurers could jeopardize their credit ratings with their expansion into standalone cyber insurance, a rating agency has warned. Cyber attacks pose dangerous risks and uncertainty within many industries and thus “aggressive expansion” by insurers …

Texas Seeking Employer Representative for Workers’ Comp Appeals Panel

The Texas Department of Insurance is seeking an employer representative to serve on the Texas Workers’ Compensation Appeals Panel. The panel resolves policyholder disputes with insurance carriers that are referred by the National Council on Compensation Insurance (NCCI). The panel …

EPIC Names McDonnell Managing Principal in California

Edgewood Partners Insurance Center has named Brian McDonnell a managing principal, and the formation of a national construction specialty group. McDonnell will be based in EPIC’s Concord, Calif. office and report to Derek Thomas, chief strategy officer and co-leader of …

Noonan Named Principal of Cavignac & Associates in California

Matthew Noonan has been named principal of San Diego, Calif.-based Cavignac & Associates. He joins Jeff Cavignac, Jim Schabarum, Scott Bedingfield, Patrick Casinelli and Matthew Slakoff in part ownership of Cavignac & Associates, participating on the company’s executive board of …

Farmers CEO Remembers Joplin Tornado at California Gala

Jeff Dailey, CEO of Farmers Insurance, turned what could have been a mere acceptance speech into a lesson-filled personal account of his first time seeing the devastation wreaked by the May 2011 tornado in Joplin, Mo. “Joplin was a major …

N.H. Report Recommends More Planning Against Coastal Hazards

A report says New Hampshire’s coastal communities’ exposure to future flood risks is significant, and now’s the time to plan to minimize that. The New Hampshire Coastal Risk and Hazards Commission spent 2 1/2 years looking at areas vulnerable to …