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

Deal Reached in AIG, General Re Executives’ Fraud Case

A deal has been reached to prevent a new criminal fraud trial for former executives of American International Group Inc. and Berkshire Hathaway Inc. unit Gen Reinsurance, federal prosecutors said on Friday. “The parties have reached agreements to resolve this …

Ex-N.Y. Postal Worker Pleads Guilty to $18K Workers’ Comp Scam

Authorities said a former U.S. Postal Service employee has pleaded guilty to receiving over $18,000 in fraudulent workers’ comp benefits. The U.S. Attorney’s Office for Northern District of New York said Thomas Dombroski of North Syracuse entered a guilty plea …

AIG Names Executive Chairman for ILFC as CEO’s Relationship Reviewed

American International Group has appointed Laurette Koellner to the newly created role of executive chairman for its aircraft-leasing unit, International Lease Finance Corporation (ILFC).In this role, Koellner becomes the most senior executive officer of ILFC and reports to AIG CEO …

K&K Adds Optional Sexual Abuse Coverage to Sports, Entertainment Programs

K&K Insurance Group, Inc. has added a new optional sexual abuse and molestation coverage (SAM) available for most e-commerce sport, leisure and entertainment risk purchasing programs (RPG) including: Amateur sports teams & leagues Amateur sports tournaments & events Youth day …

Maryland Insurance Regulators Set Up Facebook Page to Help Consumers

Maryland Insurance Administration announced this week that the agency has set up a new Facebook page to reach out to the state’s consumers.Maryland residents with questions about insurance now can follow the Maryland Insurance Administration on Facebook to find useful …

Meteorite Report Grounds Colo. Firefighting Planes

Authorities say reports of a possible meteorite or meteor shower briefly grounded firefighting aircraft battling a central Colorado wildfire. Meteorologist Scott Entrekin of the National Weather Service says emergency officials in Chaffee County reported a possible meteor in the skies …

Va. Woman Who Faked Cancer to Raise Money Now Faces Felony Charges

A suburban Richmond, Virginia, woman who was convicted of two misdemeanors for faking cancer to raise money now faces felony charges. Hanover County authorities say a grand jury on Tuesday indicted 42-year-old Martha Ann Nicholas on three counts of Medicaid …

Kutcher Production Company Sues DMV Over Reality Show

Ashton Kutcher’s production company is suing for $1.4 million because it isn’t being allowed to spend more time at California’s Department of Motor Vehicles for a reality show. Katalyst Media Inc.’s breach of contract lawsuit accuses the California department of …

Judge: Parents Of Child With Lung Disease Can Sue

A District Court judge in Gallatin County says a Montana couple who say they would have terminated a pregnancy if they had known their daughter would be born with cystic fibrosis can move forward with their lawsuit against their health …

CNA Names Takahashi Underwriting Consulting Director

CNA, the national program underwriter for the American Institute of Certified Public Accountants Member Insurance Program, named Clyde Takahashi underwriting consulting director for its accountants professional liability insurance program. With a focus on accountants errors and omissions business, Takahashi will …