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

Burn Victim Sues Owner of Tennessee Oil Well that Exploded

A man who was seriously burned when an Anderson County, Tenn. oil well exploded as he was driving past is suing the company and its owner for $4.5 million, claiming negligence. The well near Oliver Springs, Tenn., ignited March 19 …

Report: Lack of Water Partially Blamed for Fatal South Carolina Fire

A federal draft report on the mistakes made in the fire at a Charleston, S.C. furniture store that led to the deaths of nine firefighters has renewed calls for the city’s fire chief to step down. But the mayor maintains …

Report: Florida Workers’ Comp Reforms of 2003 Impacted Costs Per Claim

Workers’ compensation costs per claim in Florida appear to have decreased in 2004 in the wake of reforms enacted in 2003, but the decrease did not continue in 2005, according to a new study by the Workers Compensation Research Institute. …

FedEx Holder Sues Board over Contractor Classification Problems

A shareholder of FedEx Corp filed a lawsuit against the package delivery company’s board last Thursday alleging the directors exposed the company to damages by misclassifying employees as contractors. A FedEx spokesman dismissed the lawsuit as frivolous. The lawsuit was …

Reed Smith Welcomes Insurance Recovery Litigator in San Francisco

Reed Smith has named Christina Shea of counsel for its international insurance recovery practice in San Francisco. Shea’s practice focuses on insurance coverage litigation, representing corporate policyholders in matters involving third-party liability and first-party property damage. She has also represented …

Online Insurance Leads Clarification

Many agents stay away from online insurance leads because they are not sure of what they offer, how much they cost, or how to get started. If you let the unknown scare you away from buying these leads, it is …

Greenberg’s Starr Foundation Sues AIG, Alleging Fraud over Credit Losses

The Starr Foundation, controlled by former American International Group Inc. Chief Executive Maurice “Hank” Greenberg, has sued the insurer, claiming it misrepresented its exposure to credit default swaps. The lawsuit, filed on Wednesday in New York State Supreme Court in …

Western National’s Henderson Elected to Advisory Group’s Board of Directors

Edina, Minn.-based Western National Insurance Group today announced that Stuart Henderson, J.D., CPCU, president and CEO of Western National Insurance Group, was elected to the Board of Directors of the American Association of Insurance Services (AAIS) as of its annual …

Zurich Names Riordan New President of Surety, Credit, and Risk Group

Zurich North America Commercial recently announced it has named Daniel W. Riordan president of its Surety, Credit and Political Risk group. This newly created group combines Zurich’s Surety group, a leading provider of contract and commercial Surety products in North …

Markel Corp. Names Markel, Vice Chairman; Springman, President

Markel Corp. named Anthony F. (Tony) Markel as vice chairman and Paul W. Springman as president and chief operating officer. Markel has been associated with Markel Corp. for more than 40 years, most recently serving as president and chief operating …