March 14, 2007
Some of the lawyers who helped negotiate a proposed settlement with State Farm Insurance Cos. over Hurricane Katrina damage claims withdrew their request Monday for a federal judge to approve the multimillion dollar deal. At a hearing less than two …
March 14, 2007
World Trade Center builders rallied with hundreds of construction workers Monday to protest stalled payments by two insurers, saying their failure to pay is jeopardizing ground zero rebuilding. Trade center developer Larry Silverstein, Port Authority of New York and New …
March 14, 2007
The American Insurance Association reported that the Oklahoma Senate unanimously approved Senate Bill 565, which encourages insurers doing business in the state to closely examine their operations and “clean house” when necessary by allowing insurance companies to initiate internal audits. …
March 14, 2007
The Texas Department of Insurance reported that on March 8, 2007, the Travis County District Court affirmed an earlier order by Texas Insurance Commissioner Mike Geeslin requiring Allstate Texas Lloyds to reduce its homeowners insurance rates by 5 percent. The …
March 14, 2007
Highway security videotape could hold clues about who torched a stolen car and triggered a fierce wildfire near the hills southeast of Los Angeles. Investigators believe the 2,036-acre brush fire in the Anaheim Hills ignited Sunday after someone set ablaze …
March 14, 2007
An attorney who stole nearly $400,000 in insurance refunds from his doctor clients and then tried to cover his tracks by faking bank statements and kiting checks was sentenced to two years in prison. Michael Suverkrubbe, an attorney and former …
March 14, 2007
The Oregon Senate has approved a bill to provide protection for farmworkers. Senate Bill 202 requires farm labor contractors to provide workers’ compensation insurance for workers, and requires applicants for farm labor contractor licenses to provide proof of existence of …
March 14, 2007
California’s State Compensation Insurance Fund will sponsor a workplace safety seminar in Bakersfield, Calif., on March 20. The seminar will cover ergonomic workplace strategies, safety basics, and Cal/OSHA’s top 10 workplace safety violations. Each section of the seminar will address …
March 14, 2007
Cambridge General Agency’s board of directors has appointed Paul Janofsky president. He has been with the company for the past 33 and has recently served as executive vice president. Janofsky also serves as president of A. Mason Blodgett & Associates …
March 14, 2007
Guy Carpenter & Company, LLC, the risk and reinsurance specialist of the Marsh & McLennan Companies, has launched SelectCat, which it describes as “an innovative, index-based product that provides reinsurers with much needed capacity, flexibility and rational pricing for managing …