Monthly Archives: <span>March 2012</span>

Florida AG HIres Law Firms to Pursue Gulf Oil Spill Claims

Attorney General Pam Bondi has hired four law firms to help with Florida’s claims related to the Gulf of Mexico oil spill two years ago. Bondi said the firms will work on a contingency basis, earning 2.5 percent of the …

Gulf Oil Spill: Tales of 3 Plaintiffs

The phone at Joan Strohmeyer’s fishing lodge in Venice, Louisiana, has been ringing steadily since 2010, but not many of the calls are from customers who want to go fishing. Mainly, they are from lawyers who want her to sue …

U.S. to Seek Court Approval for $25 Billion Mortgage Deal with Big Banks

A previously announced $25 billion settlement between five major banks accused of abusive mortgage practices and government officials will be filed in federal court on Monday, people familiar with the matter said late Friday. The pact unveiled Feb. 9 is …

Former Agent in Washington Sentenced For Stealing $1 Million-Plus From Clients

A former insurance agent who stole more than $1 million from elderly clients has been sentenced to 75 months in prison. Jasmine Jamrus-Kassim was arrested in March 2011 after an investigation by the state insurance commissioner’s Special Investigations Unit found …

Jenkins Names French VP of Construction and Real Estate

Concord, Calif.-based Jenkins Insurance Group named Peter French vice president in its construction and real estate practice. French’s primary focus will encompass commercial, civil and residential construction, as well as real estate. He has plus years in the insurance industry …

Largest Shareholder Presses The Hartford to Decide Soon on Split-Up

Hedge fund manager John Paulson said Hartford Financial Services Group Inc. could boost its share price by 62 percent if it listened to his advice to break up the insurance provider as early as April. The billionaire, whose Paulson & …

16 Arrested in Brooklyn, N.Y., for Allegedly Staging Auto Accidents

Sixteen people in Brooklyn, N.Y., have been arrested for their roles in allegedly staging auto accidents to fraudulently receive insurance payouts. New York State Attorney General Eric Schneiderman announced the arrests on Tuesday, March 6. He said the criminal conspiracy …

Property Owners Urged to Claim Louisiana Citizens Assessment Rebate

State officials in Louisiana are calling on property owners to claim their assessment rebate charged on their insurance policies. Following Hurricanes Katrina and Rita in 2005, all property policies were charged an assessment on behalf of Citizens Property Insurance Corporation …

N.Y. Report Identifies Region’s Most Dangerous Roads for Pedestrians

The Tri-State Transportation Campaign, a policy watchdog group based in New York, released its annual report listing the region’s most dangerous roads for pedestrians. The report analyzed federal data from 2008 to 2010. It found that overall, more than 1,200 …

Workers’ Compensation Bill Sent to Missouri Governor

Lawmakers gave final approval on March 7 to legislation that would expand the type of ailments covered by the state workers’ compensation system, a move that supporters hope will make Missouri more attractive to businesses by lessening their potential litigation …