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

New Workers’ Comp Medical Director Wants Patient Choice in Ohio

Injured workers would have a wider choice of doctors and greater access to new medical technology. Businesses would face less government red tape. To people who have experienced a job injury claim handled by the Ohio Bureau of Workers’ Compensation, …

AIG Agrees to Sell 50% Interest in London City Airport

Amercian International Group is selling its stake in a London airport. Global Infrastructure Partners (GIP) said it has entered into a definitive agreement to acquire AIG-Financial Products’ 50 percent interest in London City Airport. The transaction is expected to close …

Equity Risk Partners Opens New York Office; Expands Nationwide

Equity Risk Partners, Inc. (ERP), the only full service insurance brokerage and consulting firm focused exclusively on the private equity industry, has opened the doors to its new Manhattan office in conjunction with a major national expansion of its Employee …

Ohio Doctor Pleads Guilty to Fraud

The Ohio Bureau of Workers’ Compensation says a Columbus doctor billed the state for services he didn’t provide to patients in his care. Officials said on September 25 that Dr. James Lipscomb pleaded guilty to one count of workers’ compensation …

Thousands of Floridians Become Victims of ID Theft

Florida resident Stephen Carlisle was not alarmed by the letter he received from Bank of New York Mellon Shareowners Services, notifying him that a data breach had exposed sensitive information from thousands of customers. But days later, Carlisle grew concerned …

Texas Mutual Pays $2.3M Dividend to CompGroup AGC

Texas Mutual Insurance Company announced a $2,260,775 dividend to the CompGroup AGC workers’ compensation purchasing group. The dividend was based largely on the group’s favorable loss ratio. CompGroup AGC members have shared in more than $12 million in group dividends …

Number of Volunteer Firefighters Falling in Texas

Membership among volunteer firefighters in Texas has dropped to levels predating a surge brought on by the Sept. 11 terrorist attacks seven years ago, a state official says. Many found firefighting less glamorous than they thought it would be or …

20 Counties in Ark. Declared Disaster Areas After Ike

Arkansas Gov. Mike Beebe added Craighead, Lawrence, Madison, Newton and Saline counties to the list of state disaster declarations following damage caused by the remnants of Hurricane Ike on Sept. 13 and 14. Beebe previously declared Carroll, Clay, Cleburne, Garland, …

Ike Pummels Louisiana-based Restaurants

Three years after Hurricane Katrina brought New Orleans’ restaurant industry to its knees, Hurricane Ike has delivered a crippling blow to three New Orleans area restaurant families. Middendorf’s, the legendary seafood house in Manchac, La., was so badly flooded by …

Wachovia Insurance Services not Included in Citigroup Acquisition

In the latest byproduct of the widening global financial crisis, Citigroup Inc. will acquire the banking operations of Wachovia Corp. in a deal facilitated by the government agency that insures the country’s bank deposits. Wachovia Insurance Services is not included …