Monthly Archives: <span>April 2006</span>

Mich. Fugitive Convicted of Health Care Fraud, Returned to Jail After 17 Years

Michigan’s Attorney General Mike Cox recently announced that, after 17 years of being a fugitive from justice, Joel Edward Freedland, D.O., age 57, formerly of Franklin, Mich., voluntarily appeared before Judge Thomas E. Jackson in the 3rd Judicial Circuit Court …

Study Calculates Impact of 1906 Bay Area Quake Today

If an earthquake like the one that devastated San Francisco, Calif., in 1906 struck today, the toll would be staggering: tens of thousands of buildings damaged and hundreds of people dead, according to a new study. The report released Monday …

Okla. Court OKs Class Action Status in Suit Against Farmers Group Companies

A judge in the U.S. District Court for the Western District of Oklahoma has granted class action status to a lawsuit concerning the use of credit information in insurance rating against Farmers Insurance Companies. U.S. District Judge Stephen P. Friot …

RLI Corp. Posts Strong 1st Quarter Results; Hosts Conference Call Today

Peoria, Ill.-based RLI Corp. reported first quarter net earnings of $25.7 million compared to $29.3 million reported in the same quarter last year. Operating earnings were $22.8 million ($0.86 per share) for the first quarter, compared to $27.4 million ($1.05 …

Crawford Investigation Services Hosts Fraud/Surveillance Seminar, April 19

Atlanta-based Crawford Investigation Services, Inc., will discuss surveillance techniques during the Claims Association of Greater Chicago’s 2006 Spring Seminar at the DoubleTree Hotel in Oak Brook, Ill., April 19, 2006, from 8:30 a.m. to 1:30 p.m. The session let by …

Okla. Tax Proposals: Boon for Companies-Including Insurers-and Wealthy?

Two tax-credit programs now under intense legislative scrutiny could mean some of Oklahoma’s wealthiest taxpayers, both individuals and corporations, will pay no state income taxes for up to 10 years, officials say. Under the program, insurance companies also qualify for …

Erie Indemnity Alters Personal Lines Technology Strategy

Erie Indemnity Company said it is halting development of its ERIEConnection, a personal lines policy administration and Web-based agency interface system. The company said it will instead now focus on more incremental, component based enhancements for policy management and agency …

N.C. Agents Invite Young Golfers to Play in Qualifying Tournaments

The Independent Insurance Agents of North Carolina will sponsor qualifying tournaments for the annual Trusted Choice Big I Junior Classic (Big I) national finals. The tournament is open to local junior golfers, 18 and under who have not started college. …

Insurer Group Calls Miss. AG’s Comments ‘Hysterical, Irresponsible’

Mississippi Attorney General Jim Hood’s recent comments comparing the insurance industry to Nazis are “hysterical and irresponsible,” claims an insurance trade group leader. “Now that Hood’s inspired exercise in justice has met some resistance, his public rhetoric seems to get …

Keogh to Succeed Schmalzriedt as Head of ACE Overseas General

The ACE Group of Companies announced the retirement of Gary Schmalzriedt as CEO of ACE Overseas General, the company’s international property and casualty insurance organization, and the appointment of John Keogh, formerly a top executive at AIG, to replace him, …