Monthly Archives: <span>October 2009</span>

Georgia Auto Fraud Ringleader Arrested

Georgia officials say they have arrested the ringleader in a fraud ring operating in Savannah, that collected nearly $95,000 from six insurance companies by staging accidents and filing bogus claims. Insurance Commissioner John W. Oxendine said Joseph T. Morris Jr., …

Family Sues over Connecticut Woman’s Bathrobe Fire Death

The family of an elderly Connecticut woman who died after her chenille bathrobe caught on fire has filed a $30 million lawsuit against the retailer for wrongful death and product liability. Atwilda Brown, 80, was making her nightly cup of …

Feds Say New York City Logged 90 Workplace Deaths in 2008

Construction continues to be a hazardous job for some workers in New York City. The federal Bureau of Labor Statistics reported this week that of the 90 fatal workplace injuries in the city in 2008, about a third involved construction …

Campaign Donations Don’t Require Recusals, Wisconsin High Court Rules

The Wisconsin Supreme Court adopted rules Wednesday allowing judges to hear cases involving their biggest campaign contributors, siding with business interests and rejecting calls for reform. Voting 4-3, the court approved rules saying donations by groups and individuals to judges …

Flooded Georgia Homeowners Seek Buyouts by Cobb County

Many Cobb County homeowners say they’d like the county to buy their flood-damaged homes, but a county official says it’s impossible to accommodate all of them. About 300 people gathered at a recreation center near Powder Springs Monday night to …

Facebook Awarded $711 Million Damages in Anti-Spam Case

Social networking website Facebook was awarded $711.2 million in damages relating to an anti-spam case against Internet marketer Sanford Wallace, court documents show. Wallace did not oppose the motion or appear at the hearing on Sept. 18, 2009, according to …

Misplaced Letter Costs PepsiCo $1.2 Billion in Wisconsin Ruling

It’s an expensive lesson on the importance of reading your mail. A Wisconsin judge has ordered PepsiCo Inc. to pay $1.26 billion to two men who said it stole their idea to sell purified water after a secretary mislaid a …

California’s Dunhill Insurance Charged with Municipal Bond Fraud

A California financial products firm, two current executives and a former executive were indicted on Thursday for bid rigging and fraud related to municipal bond contracts, the Justice Department said. Dunhill Insurance Services Inc, also known as CDR Financial Products …

House Healthcare Overhaul Unveiled

Democrats in the House unveiled a sweeping healthcare overhaul Thursday that would transform the insurance market, create a government-run insurance plan and levy new taxes on the rich. Weeks of closed-door negotiations to merge three House healthcare plans produced a …

Fairfax Q3 Profits up 20%

Toronto-based Fairfax Financial Holdings Ltd; said its quarterly profit jumped 20 percent, due primarily to improved underwriting profit. Fairfax said its profit was $562.4 million in the third quarter, or $30.88 per diluted share. In Q3 2008, when the company …