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

Regulators: Dallas Company to Pay $50K to Settle Discrimination Lawsuit

Regulators say a Dallas-area refrigerated transport company will pay $50,000 to settle a federal disability discrimination lawsuit The U.S. Equal Employment Opportunity Commission (EEOC) announced that Stevens Transport will settle a case involving its refusal to hire a paraplegic man …

Feds OK $7M to Demolish Flood-Prone Pennsylvania Properties

Federal emergency management officials say they’ll demolish dozens of damaged and flood-prone properties in eastern and central Pennsylvania.FEMA announced on Thursday, June 7, that it’s spending just over $7 million to acquire 94 structures affected by historic flooding last year.

Connecticut Survey Finds Teens Often Text While Driving

Connecticut teens have acknowledged in a state survey that they talk and text on their cell phones while driving.The biennial state survey of risky teen behavior was released on Thursday, June 7, by the state departments of Public Health and …

Mississippi to Receive Nearly $1M in AIG Settlement

Mississippi’s insurance commissioner says the state will receive nearly $1 million as part of a national settlement over American International Group’s financial reporting for worker’s compensation insurance.

Southern Calif. Agents Nabbed In Million Dollar Ponzi Scheme

A current and a former insurance agent from Southern California have been arrested for allegedly running a million-dollar Ponzi scheme. Edwin Salazar, 34, of Downey, and Michael Zuniga, 41, of Fullerton have each been arrested on 57 felony counts for …

Florida Can and Should Fix its Own Insurance Problems

You have to hand it to the Palm Beach Post. First, the paper sends out a reporter to a press conference with Gov. Rick Scott to ask his opinion of a “national windstorm pool,” and builds an entire story (no …

EU Insurers Still Coming to Terms with Solvency II as Start Date Nears

“Over the next 18 months it’s estimated that Ireland will spend 100 million euros (app. $125 million) on preparations for Solvency II (SII),” said Garvan O’Neill, a partner in PricewaterhouseCoopers’ financial services practice, who headed a panel discussion on the …

Recruiter in City Nursing Kickback Scheme Pleads Guilty in Houston

A Houston man has pleaded guilty to recruiting patients for a healthcare provider in return for kickbacks. Floyd Leslie Brooks, 45, entered a plea of guilty to conspiracy to violate the Anti-Kickback Statute for his role in the $45 million …

Iowa Landfill Blaze Produces Diesel-Like Byproduct

A days-long fire at the Iowa City Landfill has created a combustible substance that officials are sending to western Nebraska for incineration. The Iowa City Press-Citizen said that the pyrolytic oil is a byproduct of the blaze that has been …

State Fire Marshal Added to Louisiana Carnival Ride Lawsuit

The mother of two teens injured last year on a carnival ride in Greensburg, La., is suing the state Fire Marshal’s Office. The Advocate reports the lawsuit alleges the fire marshal’s office failed to properly inspect the ride prior to …