NICB Fraud Summit examines winning and losing aspects of insurance fraud initiatives The biggest barrier to effectively prosecuting individuals who commit insurance fraud is finding an effective prosecutor, Scott Cassidy, chief of special prosecutions, Cook County State’s Attorney’s office said …
Lafayette incident notwithstanding, rail accidents down nearly 25 percent nationally More than 3,000 residents of Lafayette, La., were evacuated May 17, 2008, when a train derailed on a bridge, spilling 10,000 gallons of hydrochloric acid. The Associated Press reported that …
A moldy house has been a headache for a central Ohio family and a $3 million liability for the home builder. A Franklin County judge awarded Roman and Jennifer Costner $3 million for their three-year-saga. Another judge said construction firm …
An Ohio jury has awarded more than $20 million to a woman whose baby was stuck in her birth canal for 13 hours. On May 19, a jury found doctors negligent for trying to push Heather Grow’s 9-pound baby through …
Exclusions United Fire & Casualty Co. v. Keely & Sons, Inc. Ill. App. May 2, 2008 Commercial policy does not provide coverage to policyholder for claims of spoliation of evidence. A policyholder was sued when employees were injured after falling …
The three children of a Michigan couple killed in an explosion in the popular Wisconsin vacation area of Door County will receive a settlement worth more than $21 million, according to court documents. The teenage children of Patrick and Margaret …
Insurance Industry Move “Shortly after September 11, it became very clear to me that the federal government lacks the expertise it needs on insurance policy. Our experiences after Hurricane Katrina and the ongoing problems in the bond insurance marketplace have …
May 18-24, 2008, marked National Insurance Women’s Week, a celebration recognizing the contributions women are making in all areas of the insurance industry. The National Association of Insurance Women began NAIW Week as National Insurance Women’s Day on May 10, …
$3.2 Million A Baldwin, Wis., man was awarded $3.2 million in a malpractice case after losing part of his left leg. Jim Lang went to Dr. Gregory Estlund in 2003 after injuring his leg while working at a factory in …
The National Association of Insurance Commissioners (NAIC) currently makes its home in America’s heartland, in Kansas City. In this age of telecommuting, videoconferencing and e-mail that works just fine. It even worked well in the old days of phone and …
