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

New Hampshire Officials Highlight Importance of Emergency Preparedness

New Hampshire’s homeland security chief is urging residents to plan for emergencies this month during National Preparedness Month. Chris Pope, Homeland security and emergency management director, says the state has weathered 13 presidentially-declared natural disasters over the past six years. …

Despite Fees Paid, Fewer Inspections for Dallas Restaurants

Dallas city officials for two years now have been using money intended for restaurant health inspections to cover budget shortfalls in other areas. The Dallas Morning News reported about $1.36 million paid by restaurant owners to cover the costs of …

Connecticut Attracts Its Second Captive Insurer

Connecticut Governor Dannel Malloy announced last week that Stanley Black & Decker is moving its captive insurance subsidiary, SBD Insurance, Inc., from Vermont to Connecticut, establishing the state’s second captive insurer. Stanley Black & Decker is a New Britain, Conn.-headquartered …

North Dakota Yanks Insurance Agent’s License over Alleged Forgery

North Dakota Insurance Commissioner Adam Hamm has revoked the license of Bismarck agent Samuel Neutgens for alleged forgery. Hamm says Neutgens improperly signed a customer’s name on an insurance policy cancellation letter, without the customer’s knowledge or permission. Hamm says …

SIAA Adds Midwest Agencies

The Strategic Insurance Agency Alliance (SIAA) announced 30 new member agencies in August; among them are several agencies located in Midwest states. August’s new members in the Midwest include: Francis Insurance Agency of Grand Blanc, Mich. Robert James Insurance Services …

Wyoming Lower Court to Reconsider Errant Golf Ball Lawsuit

A lawsuit filed by a golf tournament spectator who got whacked in the head by a golf ball is headed back for another round in court following a Wyoming Supreme Court ruling on Sept. 14. The court ruled 3-2 against …

Judge Fines Las Vegas Sands Corp. $25,000 in Termination Lawsuit

A Nevada judge has fined Las Vegas Sands Corp. $25,000, citing its failure to disclose important information in a lawsuit filed by a fired executive against the casino company. Clark County District Judge Elizabeth Gonzales has ruled that Las Vegas …

Former N.J. School Chief Sentenced for Insurance Kickback Scheme

The heralded former superintendent of New Jersey’s fourth-largest school district was sentenced last Friday to 11 years in prison in a corruption case that the judge called the worst case of public corruption he’s ever seen. Sixty-four-year-old Michael Ritacco, who …

Louisiana Citizens: More than 13,000 Claims from Isaac so Far

Louisiana’s property insurer of last resort says Hurricane Isaac has resulted in over 13,000 claims and they expect more to come. Vice President and Chief Claims Officer of Louisiana Citizens Property Insurance Corp. Quin Netzel said most claims average a …

Louisiana Citizens Pays $61M to Settle Katrina, Rita Claims

Louisiana’s insurance company of last resort agreed on Sept. 13 to settle two remaining class-action lawsuits tied to claims handled after Hurricanes Katrina and Rita. The board for the Louisiana Citizens Property Insurance Corp. voted unanimously to settle the long-running …