February 3, 2005
A Los Angeles Police Department officer who worked as an armed security guard at Staples Center and Dodger Stadium while collecting disability benefits for on-duty injuries was convicted this week of workers’ compensation fraud, the District Attorney’s office announced. The …
February 3, 2005
The North Carolina Department of Insurance has expressed doubts about new methodology used by the North Carolina Rate Bureau, which has just requested an 11.5 percent statewide increase in private auto insurance rates. NCRB is an independent organization representing auto …
February 3, 2005
Predicting the weather in general and hurricanes in particular can be a very imprecise science, Max Mayfield, director of the Tropical Prediction Center/National Hurricane Center in Miami told more than 500 Windstorm Insurance Network Conference attendees in Tampa. During his …
February 3, 2005
The Texas Workers’ Compensation Commission has scheduled a public hearing for Feb. 17, 2005. The Commission will take testimony on rule amendments that were proposed at the Jan. 20 public meeting. The proposed rules are scheduled to be published in …
February 3, 2005
Willis Re, the reinsurance unit of Willis Group Holdings, has announced the appointment of Peter C. Hearn to the position of CEO of Willis Re US. Hearn assumes the position previously held by George Reeth. Reeth has been named president …
February 3, 2005
Saying he wants to cut costs for business and boost benefits for injured workers, Oklahoma Governor Brad Henry announced his comprehensive reform plan for the state’s workers’ compensation system. Based on the work of a bipartisan study group of experts …
February 3, 2005
Columbus, Ohio-based excess and surplus lines carrier ProCentury Corp. announced the addition of Steve Martindale as vice president of corporate governance and Scott Murray as director of investor relations. ProCentury is the parent company of Century Surety Co., which specializes …
February 3, 2005
The Illinois Division of Insurance revoked the insurance producer license two agents recently for fraudulent activities. Lynette J. Perkins of LaSalle, Ill., had been licensed to sell accident and health insurance since March 18, 2003. The licenses were revoked as …
February 3, 2005
With damage estimates after last year’s hurricanes approaching $300 million, North Carolina Gov. Mike Easley has asked legislators to approve spending $61 million from the state’s rainy day fund to assist victims in western counties. The governors request to spend …
February 3, 2005
Despite the defeat of a similar bill two years ago in Raleigh, N.C., the Senate is again considering legislation to cap jury awards in medical malpractice lawsuits. Sen. Robert Pittenger, R-Mecklenburg, a cap proponent, said limiting these damages is the …