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

32 N.Y. Businessowners Charged with Workers’ Comp Fraud

The owners of 32 businesses have been accused of lying about their employees to avoid paying into the workers’ compensation fund, state regulators said. The Westchester businesses, mostly small restaurants and delis, claimed to have no employees but actually had …

N.H. Oil Firm Blames Shutdwn on Unpaid Insurance Bill

New Hampshire customers who were stranded after their oil company shut its doors in April confronted the company’s owners last Friday at a creditors’ hearing in Concord. Rumford Energy closed without warning, and the company has filed for bankruptcy protection …

N.H. Coast Again Experiences Minor Earthquake

A minor earthquake shook people on New Hampshire’s Seacoast last Wednesday night. The U.S. Geological Survey reports that the quake was centered in North Hampton. It registered as a magnitude 1.0. No damage was reported, but people called the police …

Supreme Court Raises Bar for Investors Bringing Securities Fraud Suits

The U.S. Supreme Court last Thursday imposed a strict standard that investors must meet to keep alive their lawsuits alleging securities fraud. In an 8-1 decision, the justices said that courts must weigh possible innocent explanations for defendants’ conduct at …

Safety Summit to Address Fire Deaths in Mississippi

Latest statistics show a record 34 fire deaths occurred in Mississippi this year, an average of at least 5 a month, according to state officials. Commissioner of Insurance and State Fire Marshal George Dale will join an estimated 300 local, …

Insurers Say S.C. Workers’ Comp Law Good, Could Be Better

A highly anticipated workers compensation reform package is a victory for South Carolina workers, the business community and the insurance industry but it still lacks some integral components necessary to achieve the desired cost saving for employers, according to the …

PCI Names Hanson Public Affairs Manager for Southeast Region

The Property Casualty Insurers Association of America has appointed Jessica Hanson as the public affairs manager for the southeast region. Hanson will be based in PCI’s Tallahassee, Fla., office and will develop and manage public affairs activities in Florida, Georgia, …

New “kid” in town, Gaddis Co. Opens Michigan Wholesale Office.

Donald Gaddis Co., Inc. Wholesale Excess and Surplus Lines Brokers Serving Retail Agents Since 1982 Donald Gaddis Co. is thrilled to announce that Jay Dillon has joined us to open our new Michigan office. The only thing “kid-like” about Jay …

Lawsuit Claims Insurer, Puyallup Denied Firefighter’s Benefits, Caused Death

The family of a Puyallup, Wash., firefighter has filed a lawsuit claiming the city of Puyallup and its insurer illegally denied health benefits after the worker contracted a disease on the job that ultimately led to his death. David Potter, …

Calif. Court Rules Employer Not Responsible for All Permanent Disability

The California Supreme Court has rejected an appeal of an injured electrician, affirming a lower court’s ruling that an employer is not responsible for permanent disability it did not cause. The case, Larry Gossett vs. WCAB and Morrow-Meadows Corp., questioned …