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

N.Y. Issued 20,958 Tickets for Texting While Driving During Past Year

New York Gov. Andrew Cuomo on Thursday marked the one year anniversary of the state’s strict law to prevent distracted driving.The governor said that law enforcement officials issued 20,958 tickets to motorists for texting-while-driving violations since the law took effect …

7 New Agencies in Northeast Join Strategic Insurance Agency Alliance

The Strategic Insurance Agency Alliance (SIAA) — a national alliance of over 4,000 independent insurance agencies — said seven new agencies in the Northeast region joined the partnership in June.The new members are: Lemire Insurance Agency of Hudson, Mass.; Penn …

Under New Law, Penn. Dentists Now Required to Buy Liability Insurance

Pennsylvania Gov. Tom Corbett signed into law late last month Senate Bill 388 that mandates all dentists in the state to purchase professional liability insurance.The measure, now known as Act 65 of 2012, amends the previous dental law and will …

W.R. Berkley Appoints Executive for Excess Casualty Unit in Conn.

W.R. Berkley Corporation has appointed Michael Fujii as president of its newly formed Berkley Custom Insurance Managers unit in Stamford, Conn. Fujii has over 35 years of experience in the specialty property/casualty insurance industry, including more than 20 years as …

Arthur J. Gallagher Buys Employee Benefits Broker Triad USA in Penn.

Itasca, Ill.-headquartered global insurance broker Arthur J. Gallagher & Co. said it acquired Pittsburgh-based Triad USA Inc. Terms of the deal were not disclosed. Formed in 1998, Triad USA offers employee benefits brokerage and consulting services. The firm provides customized …

South Korea Considering Resuming Iran Oil Imports: Gov’t. Sources

South Korea will soon decide on whether to resume Iranian crude imports after Tehran offered to ship and insure the oil to get around the impact of EU sanctions, two Korean government sources said on Friday. The EU oil embargo …

Missouri Gas Stations Operational After Securing Insurance for Underground Storage Tanks

Three gas stations in Missouri that were shut down by the state’s attorney general for operating without insurance coverage for their underground storage tanks are back in business after purchasing insurance. Attorney General Chris Koster said that Huntley Summers, owner …

Oversight Board Questions Nuke Lab Radiation Risk

Los Alamos National Laboratory significantly underestimated how much radiation could leak from the nation’s premier plutonium lab after a major earthquake and fire, a federal oversight panel concluded. The Defense Nuclear Facilities Safety Board recently sent lab officials a report …

Washington Man Pleads Not Guilty In Fake Dead Cat Claim

A Washington state man charged with insurance fraud after authorities say he used photos from the Internet to file a $20,000 insurance claim for a dead cat that didn’t exist has pleaded not guilty. KOMO News reported that during a …

Utah Says Energy Giant Falsified $25M in Claims

Petroleum giant ConocoPhillips filed $25 million in false insurance claims over 14 years for cleanup of leaky underground storage tanks, a state lawsuit charged. The lawsuit filed earlier this week in 3rd District Court accused the Houston-based multinational company of …