A proposed $168 million shareholder lawsuit settlement by 18 former Enron Corp. directors who oversaw the company ahead of its 2001 flameout received preliminary approval from a Texas judge Friday, along with two other settlements previously reached with banks. The …
State Compensation Insurance Fund announced that after three years of leading California’s largest workers’ compensation insurer, Fund President Dianne Oki will retire in the coming month after a 37-year career at State Fund. “I am extremely proud of what State …
Texas Mutual Insurance Company reported that the Texas Green Industry (TGI) purchasing group has grown to 101 members with over $3,387,000 in written premium, making it one of the company’s fastest-growing purchasing groups. Hotchkiss Insurance Agency (HIA) formed the group …
Texas Attorney General Greg Abbott announced the last two in a five-year series of settlements with various insurance companies to give refunds to Texas policyholders who paid more out of pocket on claims for auto repairs than their policies required. …
A man who claimed he had been blinded in the right eye in four different accidents pleaded guilty in New York to attempted insurance fraud. The plea by Brian Calen, 48, stemmed from a 2002 claim that he had been …
On Jan. 13, 2005, Victor Morales Delgado and his brother-in-law, Jose Guerrero, both of Sacramento, self-surrendered to investigators with the California Department of Insurance Organized Auto Insurance Task Force (Task Force) for falsely reporting their vehicle stolen and filing a …
ABD Insurance and Financial Services has hired Scott Rhymes as a senior risk control consultant. He will work out of ABD’s Petaluma, Calif. office and will provide industrial hygiene and safety management consultative services for many of the company’s property/casualty …
San Antonio-based Argonaut Group Inc. announced financial results for the three months and year ended Dec. 31, 2004, reporting a decrease in net income for fourth quarter 2004 compared with the same period the previous year, but a 16.1 percent …
Aiming to bring common sense back to Oklahoma’s legal system, reduce health care costs for citizens and create a stronger economic climate, Speaker of the Oklahoma House of Representatives Todd Hiett unveiled details of an initiative to fight lawsuit abuse, …
California has won a $93 million settlement with 16 insurance companies over cleanup costs at a notorious hazardous waste site. Lloyd’s of London, one of the state’s major insurers, will pay $49 million of the settlement, the state Department of …
