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Texas Approves 13 Companies to Self-Insure for Workers’ Comp

The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved 13 renewals of the Certificates of Authority for companies to self-insure their workers’ compensation claims for a one-year period under the TDI-DWC self-insurance program. These companies collectively employ approximately …

Former Texas Financier Stanford Heads to Court

No one calls him Sir Allen Stanford anymore. He is inmate number 35017-183. On Monday, the Texas financier headed to court in Houston to battle charges that he operated a $7 billion Ponzi scheme from Stanford International Bank Ltd, his …

RLI Hires Diefenthaler as VP, Chief Investment Officer

RLI Corp., a specialty insurance company based in Peoria, Ill., has hired Aaron P. Diefenthaler to serve as its new vice president, chief investment officer. Diefenthaler will report to RLI Vice President and Chief Financial Officer Thomas L. Brown and …

Willis North America Appoints Monat to M&A Leadership Position

Willis North America, a unit of Willis Group Holdings, the global insurance broker with operations in Chicago, has appointed William “Bill” Monat as senior placement specialist, transactional solutions products, in its national mergers and acquisitions unit. The Willis National Mergers …

Irene Flooding Left Vermont Home on Unexpected Island

June Tierney and Kellie Burke never envisioned island living in the Vermont woods, but Tropical Storm Irene had other ideas. Their home, a two-story, natural-sided saltbox, was a rural idyll on a wooded 10-acre lot off a dirt road, with …

N.J. to Use Face-Recognition Technology, Scan License Photos for Fraud

New Jersey is preparing to use facial-recognition technology to scan 18 million photographs for signs of driver’s license fraud. Photos that are flagged as suspicious will be reviewed before that person can renew their license. MVC inspectors will examine whether …

Pennsylvania Whistleblower Claims Hospital Medicare Fraud

A former northwestern Pennsylvania cardiologist says in a lawsuit a hospital improperly paid doctors who performed unnecessary procedures on patients, including two who died. The suit filed this month by Dr. Tullio Emanuele also says doctors at a cardiology practice …

AIG to Merge Group Benefits Units From Chartis and American General

Two American International Group units — Chartis U.S. Accident and Health, and American General Life Companies — are planning to merge their group benefits businesses into a single, unified organization. The consolidated unit will market insurance and benefits products for …

AssuredPartners Acquires Ohio’s Dawson Companies

AssuredPartners, a portfolio company of the Chicago, Ill-based equity firm GTCR, has acquired the Dawson Companies. Based in Cleveland, Ohio, and with offices in Florida and Virginia, Dawson markets property/casualty, employee benefits, and surety products. The deal includes Dawson Insurance …

Accident Insurance Hires Sadler to Cover Tennessee

Pam Sadler has joined Accident Insurance Co. as a business development representative for the state of Tennessee. Sadler joined AIC in December after spending more than 20 years as a marketing representative for Grain Dealers Mutual Insurance, which is now …

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