Oklahoma Attorney General Drew Edmondson reported that the former claims director for CompSource Oklahoma is accused of one count of workers’ compensation fraud in a Multicounty Grand Jury indictment unsealed recently in Oklahoma County District Court. According to the indictment, …
Louisiana Attorney General Charles C. Foti, Jr., announced that his Medicaid Fraud Control Unit (MFCU) has made three arrests in the investigation surrounding patient deaths at Memorial Medical Center in New Orleans. The investigation involves allegations that some doctors and …
Nearly 29 percent percent of company time in America is unproductive, according to the results of a new study by management consulting firm, Proudfoot Consulting. The estimated cost of poor productivity in the U.S. is $598 billion and U.S. companies …
Investigators probing the fatal collapse of a ceiling in Boston’s Big Dig underground freeway leading to the airport have discovered documents showing there was a “substantial dispute” over whether the design of the tunnel was adequate to hold the weight …
ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has announced that its Construction Industry Practice, formerly part of ACE Risk Management, will now become a unit of ACE Casualty Risk, and work collaboratively with brokers, …
Vesta Fire Insurance Company (Vesta Fire) and its Texas subsidiary insurance companies have begun issuing notices to agents to cease writing new and renewal insurance business, including homeowners policies for Texas Select Lloyds customers, the Texas Department of Insurance announced. …
The Hanover Insurance Group Inc. based in Worchester, Mass., has added 81 new classes to the company’s Avenues Business Owner’s Policy. The enhanced Avenues BOP offers coverage for more than 360 BOP classes. In addition, The Hanover’s broad BOP eligibility …
Minnesota-based Western National Insurance Group has been named to the 2006 Ward’s 50 group of top performing property/casualty companies in the United States. The designation recognizes Western National for achieving outstanding financial results in the areas of safety, consistency and …
The Hartford Financial Services Group, Inc. has signed a definitive agreement to sell its non-standard property and casualty subsidiary, Omni Insurance Group, to Independent Insurance Investments, Inc. (4i’s), a portfolio company of Inverness Partners II, for approximately $100 million. “The …
Connecticut’s efforts to boost the state’s insurance and financial sector has received some help from $2.7 million federal training grant. The President’s High-Growth Job Training Initiative awarded $2.748 million to a Connecticut partnership that will create “IFS University” that is …
