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

Energy Group Earns $83K Texas Mutual Dividend

The Lone Star Energy (LSE) workers’ compensation purchasing group has qualified for an $83,503 dividend, Texas Mutual Insurance Company reported. The dividend was based largely on the group’s premium volume and loss ratio. LSE has earned more than $168,000 in …

Texas Wind Pool Claims Add Up as New Tropical Storm Develops,

With hurricane season halfway over for 2008, Louisiana has so far dodged the bullet but Texas has taken on two warning shots with Hurricane Dolly and Tropical Storm Edouard. As hurricanes and tropical storms go, neither packed a lot of …

Settlement Reached in Deadly NYC Staten Island Ferry Crash

Lawyers say the widow of a man killed in the 2003 Staten Island ferry crash has settled a wrongful death claim against New York City for $8.7 million. The lawyers made the announcement on behalf of Kathy Healy and her …

Bodybuilding Ex-Boston Firefighter Claims ‘Extreme’ Pain

A former Boston firefighter, fired after participating in a bodybuilding contest while claiming a back injury made it impossible for him to work, said in a radio interview that the pain he experiences is “extreme.” Albert Arroyo, in his first …

South Dakota: Drunken Driving Convictions Costly

The South Dakota Highway Patrol is placing special emphasis on catching intoxicated drivers through the coming Labor Day weekend. About 11,700 people were ticketed for drunken or drugged driving last year in the state. “The goal of the increased effort …

Surplus Lines Results Remain Strong, Despite Heightened Competition

Surplus lines insurers continued to outperform the property/casualty industry in underwriting and operating performance in 2007, despite the softening market and more aggressive competition. Heightened competition along with the turbulent market, however, caused a slight deterioration in underwriting profitability that …

Illinois Mayor Charged with Insurance Fraud Steps Down

Niles, Illinois’ long-time mayor, Nicholas Blase, is stepping down after 47 years. In a statement on the village Web site, Blase, 80, said his retirement would be effective Monday, Sept. 1. The Village Board will meet Tuesday to appoint an …

Darwin to Buy Great American’s Lawyers Professional Liability Business

Farmington, Connecticut-based Darwin Professional Underwriters, Inc. reports it will acquire renewal rights to Great American’ Insurance Co.’s roughly $20 million of small, standard market lawyers professional liability insurance business and related assets. Darwin currently has more than $20 million of …

Northern Illinois President Pleased with New Campus Safety Law

The president of Northern Illinois University says he’s pleased that Governor Rod Blagojevich has signed the state’s new Campus Security Enhancement Act. The law was written partially in response to the February 14th shootings at the DeKalb campus that left …

West Virginia Malpractice Cases Rising

The West Virginia Medical Association says the number of medical malpractice lawsuits against West Virginia doctors and hospitals is going back up. But recent claims are still below the totals reported earlier this decade, before legislative reforms went into effect. …