Monthly Archives: <span>January 2013</span>

Michigan Broker Pleads Guilty in $1M Fraud Case

A northern Michigan insurance broker accused of manipulating elderly clients has pleaded guilty to fraud. Prosecutors say William Lowder persuaded clients to change their investments and put money in annuities handled by his Traverse City-area office. Lowder instead enriched himself …

Ohio Joins States Tracking Arsonists on Registries

Ohio is joining the few states that require convicted arsonists to register with authorities, hoping it will help solve more cases, deter repeat offenses and prevent deaths and property damage. The new law will require people convicted of arson-related offenses …

Some Decry Damaged Cars at New York Runway Site on Long Island

Environmentalists are decrying the placement of 18,000 damaged automobiles on a runway at a defunct defense plant on eastern Long Island, N.Y. The vehicles were destroyed by flooding from Superstorm Sandy. The town supervisor in Riverhead disputes the idea that …

Ex-New Orleans Mayor Nagin Charged With Bribery

More than a decade ago, Ray Nagin was elected mayor of New Orleans on a vow to root out corruption in a city plagued by decades of it. On Jan. 18, the former mayor was indicted on charges he lined …

Arkansas Governor Reappoints Hood to Workers’ Comp Commission

Arkansas Gov. Mike Beebe has reappointed Philip Alan Hood to the state Workers’ Compensation Commission. Beebe returned Hood to the panel for a six-year term as the labor representative. The three-member commission administers the state’s workers’ compensation laws for employees, …

More than 2,400 Bills Filed for 2013 Oklahoma Legislative Session

Members of the Oklahoma House and Senate have filed more than 2,400 bills and resolutions to consider in the 2013 Legislature. The measures were filed prior to the Jan. 17, 4 p.m. deadline for state lawmakers to file legislation. Lawmakers …

Superstorm Sandy Challenges Definition of Basement in New Jersey

Irene Sobolov believes the first floor of her house in Hoboken, N.J., is just that. The federal government and her insurance company say it’s a basement. The semantics, Sobolov has learned, are very expensive. Sobolov and others whose lower-level apartments …

Supreme Court to Hear Stanford Ponzi Lawsuits, Workplace Bias Case

The U.S. Supreme Court last Friday agreed to hear four new cases, addressing matters as diverse as the reach of a law designed to combat chemical weapons, and whether lawyers could be sued for having once represented convicted swindler Allen …

Massachusetts Bill Would Require Gun Liability Insurance

As lawmakers cast around for ways to curb gun-related violence, some are hoping the insurance market might offer incentives. A bill filed on Jan. 18 in Massachusetts would require gun owners to purchase liability insurance in the event that a …

Report: Insurers Boost California Economy $29.4B

Insurers directly contributed $29.4 billion to California’s 2010 gross state product, or for 1.6 percent of the state’s GSP, according to the report issued on Friday by the Insurance Information Network of California. The report shows property/casualty insurers provided 209,016 …