The California Workers’ Compensation Institute will hold a 1-day seminar in early June in San Francisco, Irvine and Universal City to educate industry professionals on the provisions and practical implementation issues related to SB 899, the landmark workers’ compensation reform …
The Utah Supreme Court on Friday lowered by $136 million the amount of punitive damages State Farm Insurance should pay in a decades-old lawsuit alleging it underpaid insurance claims, cheated customers and destroyed documents. In an April 2003 ruling, the …
Illinois-based Insurance Auto Auctions Inc., a provider of automotive salvage and claims processing services in the United States, reported higher net earnings for the quarter ended March 28, 2004. The company recorded net earnings of $2.3 million, or $0.20 per …
Florida’s Brown & Brown Inc. reported that the company is acquiring Proctor Homer Warren Inc. d/b/a Proctor Financial Insurance, of Troy, Mich. Jim W. Henderson, president and chief operating officer of Brown & Brown; Kenneth R. Masters, executive vice president …
Atlanta-based Crawford & Company reported that its board of directors has accepted the resignation of Grover L. Davis as chairman of the Board and chief executive officer, effective immediately. The board named Marshall G. Long as interim CEO. Long currently …
Carmel, Ind.-based vehicle auction services firm, ADESA Corp., announced a number of management changes in the Southeast region. It promoted Jason Brinkley to the position of general manager for ADESA Atlanta. A graduate of Texas A&M University, Brinkley began his …
The Louisiana Department of Insurance announced that a New Orleans-area bail bond agent was shut down on charges of operating without a valid license, alleged violations of the law involving personal surety bonds, and engaging in a number of other …
A man who ran a pub in England while on the lam from Louisiana’s 1990s insurance scandals pleaded guilty to a federal charge and faces up to five years in prison, the Associated Press reported. Nofio Pecoraro Jr., 54, entered …
The U.S. Equal Employment Opportunity Commission (EEOC) has voted to approve a rule that would permit employers, under the Age Discrimination in Employment Act (ADEA), to lawfully coordinate retiree health benefit plans with eligibility for Medicare or a comparable state-sponsored …
Legislative leaders are predicting a battle over whether the state should place caps on non-economic damages in medical malpractice jury awards. The House of Representatives is scheduled today to debate the long-awaited legislation aimed at controlling skyrocketing medical malpractice insurance …
