Texas Lt. Governor David Dewhurst has formed the Senate Select Committee on Workers’ Compensation to work on solutions to what he called a developing crisis in workers’ comp. Senator Todd Staples was appointed chairman of the committee, and Sen. John …
Arkansas Insurance Commissioner Mike Pickens announced that Steven Edward Gwin was arrested and charged with a class D felony count of Fraudulent Insurance Act. According to investigators with the Arkansas Insurance Department’s Fraud Investigation Division, Gwin falsely indicated he had …
The Insurance Council of Texas recently issued a reminder that new insurance legislation affecting the use of credit scores, water damage claims and the regulation of public adjusters is being put into place in Texas in 2004. The ICT noted …
In mid-December 2003, Houston-basedHalliburton Company filed Chapter 11 bankruptcy proceedings for several of its subsidiaries, including DII Industries (formerly known as Dresser Industries Inc.) and Kellogg Brown & Root (KBR), in an effort to resolve liabilities related to asbestos and …
Another year, another chance to make a change. January 1 is a day just like any other. Its assignment as the first day of a new year, however, provides a target date to begin changing things—hopefully for the better, sometimes …
Florida has long been considered a land of opportunity for companies seeking to expand into new markets, with its growing population, diverse economy, and expansive geography. The state’s attraction for insurers has increased in recent years due to another key …
Florida is like many other states when it comes to insurance fraud — it recognizes the problem and is doing something about it. Recently, Chief Financial Officer Tom Gallagher and Bob Neumann, director of the Division of Insurance Fraud, spoke …
A Miami clinic owner and four others are in jail on charges of reportedly staging an accident after the clinic owner crashed his Humvee into two other cars in a scheme to collect insurance payments, according to investigators with the …
Florida’s Office of Insurance Regulation has ordered a Fort Worth, Texas, company to immediately cease operations in Florida. Global Bonding has reportedly been soliciting customers for the purchase of contractor surety bonds and has been issuing construction performance bonds and …
A Miami bail bondsman has been banned from the industry after pleading guilty to charges that he diverted more than $30,000 in bond premiums. Alan Staple, owner of the now defunct Staple Group Inc., doing business as Alan’s Bail Bonds, …
