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

Private Claims Firm Saves Louisiana’s Risk Management Agency $1.4M

A private company based in Mandeville contracted to run much of the claims processing and management handled by Louisiana’s Office of Risk Management has been producing results ahead of schedule, legislative auditors said. Emily Wilson, performance audit manager for the …

Fines, Penalties, Back Wages Add Up for Louisiana Seafood Company

A Louisiana seafood company is facing nearly $250,000 in fines, penalties and back wages for exposing workers to hazards and underpaying employees. The U.S. Department of Labor issued findings from investigations of C.J.’s Seafood Inc. in Breaux Bridge. The department’s …

Penn.-Based Erie Indemnity Co. Appoints New Chief Information Officer

Erie, Penn.-based Erie Indemnity Company has appointed Robert C. Ingram III as executive vice president and chief information officer (CIO). In this role, Ingram will be responsible for ongoing design of the company’s IT strategy and further development of its …

North Carolina Woman Arrested for Alleged Insurance Fraud

North Carolina insurance department announced last week the arrest of Debra Gail Hodges, 41, of 5009 Inverness Drive, Fayetteville; she is charged with one count each of insurance fraud, attempted insurance fraud, obtaining property by false pretense, and attempting to …

Kentucky County Still Tackling the Effects of Storms From 2009-2010

A southern Kentucky county is still tackling the effects of and cleaning up from two major storms in recent years. Warren County officials said the cleanup from the 2009 ice storm and 2010 flooding could take into 2014. Bowling Green …

Alabama Bans Texting While Driving Aug. 1

Starting Wednesday, texting, emailing and instant messaging while driving will become illegal in Alabama, with violators facing fines and possibly higher insurance rates. That is, if they don’t have a wreck first. Republican Rep. Jim McClendon of Springville persuaded lawmakers …

AIG Launches PR Push on YouTube to Repair Image

AIG is launching a public relations campaign to repair its reputation. Last Thursday, the once-mighty insurance giant American International Group posted several videos on YouTube, www.youtube.com/aig , proclaiming that AIG is proud to be an American corporation. AIG received the …

President Obama Declares Disaster for Virginia Storm Damage

President Barack Obama has declared a disaster in Virginia after severe weather and strong winds lashed the state a few weeks ago. The disaster declaration orders federal aid to help the state and local recovery efforts. Virginia was hit by …

Penn State President: School Is ‘Adequately Covered’ for Lawsuits

Penn State is adequately covered to handle lawsuits stemming from the sexual abuse scandal that has enveloped the campus, its president said, repeating that the university hopes to settle many of them “as quickly as possible” even though its insurer …

Best Affirms Liberty Mutual Holding Co. and Subs Ratings

A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” for the members of Liberty Mutual Insurance Companies and Peerless Insurance Company Pool, as well as UK-based Liberty Mutual Insurance …