Monthly Archives: <span>March 2007</span>

S.C. Audit: Phase Out Workers’ Compensation 2d Injury Fund

Part of South Carolina’s workers’ compensation system should be phased out because it fails to lower businesses’ insurance costs, according to a state audit. The Legislative Audit Council report found that a program, known as the Second Injury Fund, does …

Jackson, Miss. Law Firm Sues Scruggs Katrina Group over Fee Dispute

A Jackson, Mississippi law firm has sued millionaire trial attorney Richard Scruggs for allegedly withholding money it claims it was owed for working on Hurricane Katrina insurance-related litigation. The lawsuit was filed March 15 in Lafayette County Circuit Court by …

Florida Weighs Whether to Continue Personal Injury Coverage

After her car accident, Sarah Capps suffered from a sore shoulder and back. What she thought were common pains turned out to be six herniated discs. Were it not for the protective medical coverage that every Florida car insurance holder …

Mich. Body Shop Owners Defraud Insurers of Millions, Cox Says

A woman and two sons who run a string of Detroit-area auto body shops have been charged with conspiracy, fraud and racketeering on accusations that they tricked insurers out of millions of dollars through false claims. Attorney General Mike Cox …

Wis. Bill Would Provide Coverage for Uninsured Veterans

Wisconsin legislative Democrats unveiled plans this week to make health insurance coverage available for most uninsured veterans in the state. The Assembly Speaker said he would keep Rep. Terry Musser as chair of a veterans’ committee despite the Republican’s acknowledgment …

Ill. Assurance Adds Vice President, Executive Benefits Consultant

Schaumburg, Ill.-based Assurance Agency, Ltd. recently announced the addition of Mike Roseri as vice president, executive benefits consultant on Assurance’s Benefits team. He will report directly to Jackie Gould, executive vice president. Most recently, Roseri was the regional vice president …

Zurich’s Patton Joins EPA Advisory Board

Lindene E. Patton, senior vice president and counsel in Zurich North America Commercial’s environmental group, has been selected to serve as a member of the U.S. Environmental Protection Agency (EPA) Environmental Financial Advisory Board (EFAB). Patton will provide advice and …

Ohio State Auto Completes Purchase of Beacon Insurance Group

Ohio-based State Automobile Mutual Insurance Co. has completed the purchase of the Beacon Insurance Group of Wichita Falls, Texas. With the acquisition, Texas becomes State Auto’s 29th state of operation, according to a recent company statement. Beacon writes approximately $50 …

Idaho Man Sentenced for Fraud

Former Bend, Ore., resident Robert Pratt, 39, was sentenced for conspiracy to commit insurance fraud, Attorney General Lawrence Wasden said. Fourth District Judge Ronald Wilpur sentenced Pratt to seven years in prison and ordered him to pay $13,252.76 in restitution. …

Euclid’s BusinessWare Packages Liability for Service Professionals

Euclid Managers, LLC, an underwriting manager based in Kansas City, announced a new insurance product for service professionals. This new product, BusinessWare, packs a variety of professional liability coverages into one policy form. Some of the built-in protections include errors …