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

South Carolina Company Sues Ex-Worker Over Twitter Followers

An Internet company in South Carolina has sued one of its former employees, saying the worker cost the company thousands of dollars in lost business when he took 17,000 Twitter followers with him when he left the firm. PhoneDog LLC …

Lack of Workers’ Comp Closes Vermont Trucking Company

A trucking company owned by a Vermont state senator and his son has been shut down for not having workers’ compensation insurance. A court has granted a permanent injunction against Starrs United, Inc. Sen. Bobby Starr, a Democrat who represents …

Some Uninsured Americans Turn to Daily Deal Sites for Health Care

The last time Mark Stella went to the dentist he didn’t need an insurance card. Instead, he pulled out a Groupon. Stella, a small business owner, canceled his health insurance plan more than three years ago when his premium rose …

More Teens Drink and Drive on New Year’s Eve Than on Any Other Holiday

While New Year’s Eve may conjure images of a celebratory toast, it’s also traditionally one of the worst days of the year for alcohol-related car crashes and deaths for young drivers. New data from a 2011 teen driving study by …

Maryland Court: Premium Financing Firms Overcharged Auto Policyholders

A Maryland court ruled last week that the state’s largest premium financing companies were engaged in illegal financing practices against auto insurance policyholders. In Maryland, most auto insurance policyholders can set up interest-free installment payment plans for their premiums through …

Jay-Z Sued by Workers Compensation Board of New York

Workers Compensation Board of New York filed a lawsuit against rapper Jay-Z for allegedly failing to make workers’ comp payments worth $18,000 for his domestic employees, according to a report. Entertainment news site TMZ.com reported yesterday that the Board filed …

Alaskan Volcano Put on Alert

An explosion at a volcano in Alaska caused the U.S. Geological Survey to put out an alert. USGS detected a drifting ash cloud at the Cleveland Volcano, which is on an uninhabited island in the east central Aleutian Islands, in …

Commuter Train Kills Pedestrian On Tracks

A Metrolink commuter train has struck and killed a pedestrian in Southern California. Orange police Lt. Dave Hill told the Orange County Register that the person was struck at about 6:30 a.m. Thursday at Meats Avenue and Orange Olive Road. …

E&O Insights: Enhance Your Errors & Omissions Culture in 2012

As the end of 2011 approaches, this is a good time to reflect upon what went well and what didn’t during the year — as well as what changes you should make in 2012. Here are a few errors and …

Ratings Roundup: Gramercy, Southern Trust

A.M. Best Co. has downgraded the financial strength rating to ‘B’ (Fair) from ‘B+’ (Good) and issuer credit rating to “bb” from “bbb-” of Dallas-based Gramercy Insurance Company (GIC), and has revised its outlook on both ratings to negative from …