March 23, 2010
Jay Patel stands behind the counter at his Discount Liquors store here on Lake Weiss, waiting as a customer tries to decide just how much Jack Daniels he can afford. “Not that one,” the young man says as Patel reaches …
March 23, 2010
The director of an embattled legislative panel bucked the position held by panel advisers when she declined to make a recommendation on a bill with sweeping consequences for the nation’s largest state-run injured worker insurance fund, the Associated Press has …
March 23, 2010
Facing trial on March 22, the former head of Louisiana’s property insurer of last resort pled guilty to theft of around $30,000 from Louisiana Citizens Property Insurance Corp. and two related insurance organizations. Terry Lisotta had faced 14 counts of …
March 23, 2010
A southeastern Michigan county agreed to pay $750,000 to settle a lawsuit over the death of a man who drowned in a swamp during his arrest, according to records unsealed by a federal judge. Details of the settlement, which had …
March 23, 2010
Chad Kerr has joined Fort Worth, Texas-based InsureZone/AgentSecure as vice president of Business Development. Kerr will manage multiple facets of business development including the agencies affiliated with the recent CMS acquisition, the top tier of existing AgentSecure agents, and book …
March 23, 2010
On March 12, 2009, Foremost Insurance appointed agent Leslie Porterfield of Dallas, Texas, was accepted by Guinness World Records as the Fastest Woman in the World on a Motorcycle, a title that was previously held for over thirty years by …
March 23, 2010
Oklahoma insurance regulators have moved to seize a workers’ compensation insurer they say is insolvent and whose owners are being accused of deceptive financial transactions involving another recently-liquidated insurer. The Oklahoma Department of Insurance on March 18 filed a receivership …
March 23, 2010
A top U.S. Justice Department official said that prosecutors will increasingly pursue individual prosecutions — senior executives included — under the U.S. anti-bribery statute. Mark Mendelsohn, the department official who oversees enforcement of the Foreign Corrupt Practices Act (FCPA), said …
March 23, 2010
Republican attorneys general in at least 12 U.S. states warned Monday that lawsuits will be filed to stop the federal government’s healthcare reform bill from encroaching on states’ sovereignty. The lawsuits were announced hours after the U.S. House of Representatives …
March 23, 2010
Many U.S. states are worried that the healthcare overhaul plan approved by the U.S. House of Representatives will usurp their sovereignty and impose more spending on their already stretched budgets. Republican attorneys general in at least 12 states announced on …