Monthly Archives: <span>April 2008</span>

Declarations

One’s Too Many “Personal injury lawyers in Texas want to see the telemarketing of injury victims stopped. It is a small percentage of chiropractors and lawyers who engage in this conduct, but even one instance is too many.” —Allen Rogers, …

Professional Services: Do You Know Them When You See Them?

The complex medical field with its often personalized treatments can be more difficult to define than other professions “Professional services” can have many different connotations, ranging from racy “professional” call girls, a subject recently in the headlines and on the …

La. State Senator Indicted in Relation to Insurance Fraud Case

A federal grand jury on April 10 indicted a Louisiana state senator on charges he conspired to launder money for a convicted felon accused of operating an illegal insurance business. Derrick Shepherd, a lawyer from the New Orleans suburb of …

Coast Has Big Influence on Louisiana and Texas Property Markets

After two mild catastrophe years, states hope to share better coverage options Louisiana and Texas share a lot. Besides sharing a common border, they share the Gulf of Mexico — both its bounty and its battering, in the form of …

Business Moves

ACE, Aon ACE Limited has completed its acquisition of 100 percent of the outstanding shares of Combined Insurance Co. of America and certain of its subsidiaries from Aon Corp. for $2.56 billion in cash. The closing price exceeded the $2.4 …

It Figures

$420 Million The amount a South Carolina textile company sued Norfolk Southern railroad for after a train wreck and toxic chemical spill in 2005 forced the company to close. Avondale Mills and Norfolk Southern reached a deal this month. Attorney …

N.C. Man Charged With Fraud in Diamond Ring Claim

North Carolina officials arrested a Garner, N.C. man and charged him with one count of insurance fraud and one count of obtaining property by false pretense, according to Insurance Commissioner Jim Long. The charges filed against Williams stem from allegations …

S.C. Textile Firm, Railroad Settle in Train Wreck

A South Carolina textile company that closed after a train wreck and toxic chemical spill in 2005 settled a lawsuit with a railroad company, ending a trial that began a month ago, an attorney for the firm said. Avondale Mills, …

Tennessee Nixes Emergency Service Fees

Tennessee has a new law that stops cities from imposing fees for the cost of responding to motor vehicle accidents. The measure (HB 2547) was passed by the Tennessee General Assembly and became effective with Gov. Phil Bredesen’s signature on …

Florida Agent Bucks Trends With Growth, Recruitment Strategies

Riemer’s on a collecting spree that includes new employees, green offices, Rolex watches and cookie jars When Fireman’s Fund introduced its Green-Gard program covering environmentally sound commercial building practices, Stephen Riemer, president of Florida-based Riemer Insurance Group, said he “jumped …