Georgia Insurance Commissioner John Oxendine has begun a criminal investigation into the business practices of M. Clark Fain, III, the former chief executive officer of Southeastern U.S. Insurance, Inc. (SEUS), a workers’ compensation company. The investigation follows an Oct. 27 …
Zenith National Insurance Corp. has hired Janet Frank as president and chief operating officer of the workers’ compensation writer’s principal operating subsidiary, Zenith Insurance Co. She will also be an executive vice president of Zenith National Insurance Corp. Frank most …
The Florida Supreme Court says hospitals must warn patients about a state law that bars malpractice lawsuits for birth-related neurological injuries. The justices this month ruled hospitals that fail to do so can then be sued even if a patient’s …
Frozen Florida “The reports we are getting tell us there is frozen fruit as well as twig and leaf damage out there now it may be days or weeks until we figure out whether there is long-term tree damage. All …
With the economy’s ill health continuing and their own personal health improving, America’s senior citizens are not retiring like they used to. In fact, more of them are working every day. Since the late 1980s, the labor force has seen …
1,650 The number of policies on North Carolina’s barrier islands that State Farm officials told regulators it will drop as part of its effort to reduce its coastal exposure. Customers can expect to receive a notice that their policy expiring …
A North Carolina appeals court is weighing whether to reverse a decision that resulted in homeowners insurance prices going up by almost 30 percent along the coast and down by a third in inland counties. A three-judge Court of Appeals …
No Effective Legal Means “We had no effective legal means to step in and prevent default (at AIG) … without helping this firm meet all its legal obligations.” —U.S. Treasury Secretary Timothy Geithner told CNBC television that the bailout of …
$838,000 Missouri Attorney General Chris Koster’s office assessed more than $838,000 for workers’ compensation fraud and insurance coverage noncompliance in 2009, a dramatic increase over the $461,000 assessed in 2008. The AG said his office last year filed charges against …
Flooding Costs Are Outweighed by Regional Economic Benefits There are hundreds of levees around the United States that protect vulnerable areas and tens of millions of people from potentially devastating floods each year. Yet hardly anyone gives them a second …
