Monthly Archives: <span>July 2011</span>

NFP Acquires Lapre Scali

National Financial Partners Corp. (NFP) has acquired Lapre Scali & Co. Insurance Services for an undisclosed sum. New York-based NFP provides benefits, insurance and wealth management services. Lapre Scali, headquartered in Scottsdale, Arizona, is a national P&C brokerage with annualized …

New Jersey Agent Pleads Guilty to Stealing $1.9M

A former New Jersey insurance agent has pleaded guilty to defrauding nine clients out of more than $1.9 million, state prosecutors said. Daniel J. Trolaro, 35, of Oakland, was working for Prudential Insurance Co. of America’s West Essex Agency in …

GM to Pay Insurance for Car Buyers in Washington, Oregon

Drivers in Oregon and Washington who buy a new 2010, 2011 or 2012 Chevrolet, Buick, GMC or Cadillac vehicle between July 6 and September 6 will receive a one-year insurance policy from MetLife Auto & Home at no additional cost. …

California Jury Blames Family for Fire That Destroyed Einstein Papers

A Northern California family has been ordered to pay $750,000 for starting a wildfire that destroyed papers written by Albert Einstein. A jury last week ruled against Margaret Pavese, her husband, Lawrence, and her father-in-law in a negligence lawsuit. The …

North Carolina Football Player Sues UNC, NCAA Over Ineligibility

A former North Carolina football player has filed a lawsuit against the school and the NCAA, seeking reinstatement after being declared permanently ineligible for academic misconduct. Defensive end Michael McAdoo is also seeking unspecified damages from the school and the …

California Bill Regulating Health Insurance Rates Passes Committee

A California bill that would allow state officials to reject rate increases proposed by health insurers has passed a key committee vote. The Senate Health Committee approved the measure in a 5-3 vote. The bill, AB52, now goes to the …

With Wildfires Contained, Arizona Shifts to Thwarting Summer Floods

The biggest forest fire in Arizona history is all but contained, and authorities are shifting their focus to preventing massive flood damage as summer storms begin to hit. The specialized firefighting management teams that had battled the blaze in eastern …

West Virginia Firefighters Get Insurance Premium Subsidy Check

A volunteer fire department in Kanawha County has become the first in West Virginia to receive a rebate check to cover the costs of higher premiums for workers’ compensation insurance. The check for $1,638 was presented to the Cabin Creek …

Japan to Conduct Stress Tests on All Nuclear Plants

Japan said Wednesday it will conduct “stress tests” on all the country’s nuclear plants to ease heightened concerns about disaster preparedness after this year’s tsunami sparked the worst nuclear crisis since Chernobyl. The March 11 earthquake and tsunami in northeastern …

Alaska Plans Large-Scale Disaster Drill

The state of Alaska is planning a large-scale emergency readiness drill this winter focused on how prepared the state and its residents are for a severe cold weather system. Kathy Cavyell, the state’s lead exercise planner, said eight communities and …