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

Oklahoma Insurance Department Creates Anti-Fraud Advisory Board

Oklahoma Insurance Commissioner John D. Doak announced the creation of an advisory board to increase the effectiveness of the Oklahoma Insurance Department’s Anti-Fraud Unit. The board includes four legislators, a county undersheriff, a police chief and two professors of criminal …

Missouri Insurance Department Returns Nearly $11M to Consumers in 2012

Consumers who filed complaints with the Missouri Department of Insurance received nearly $11 million in additional claim payments from their insurance companies in 2012, the department reported. Health insurance generated the most complaints from consumers, followed by auto and homeowners. …

Lockton Companies Forms Kansas City Benefits Analytics Team

Lockton Companies Kansas City is pleased to announce its new benefits analytics team, which specializes in data driven solutions and strategic planning for Lockton’s health and welfare clients. The benefits analytics team includes: Sarah Osborne, assistant vice president, benefits analytics …

Judge Freezes Assets of Owners of Meningitis-Linked Pharmacy

A bankruptcy judge on Monday froze the assets of the owners of the pharmacy linked to a deadly U.S. meningitis outbreak. Orders signed by U.S. Bankruptcy Judge Henry Boroff temporarily restrict the owners of New England Compounding Center (NECC) from …

Treasury Pay Czar Allowed Excessive Pay at Bailed-Out AIG, GM: Inspector General

The U.S. Treasury Department in 2012 failed to curb executive pay at companies rescued with taxpayer funds, the second straight year that it did not live up to its own rules, an internal watchdog said on Monday. The inspector general …

Senate Passes $50 Billion Sandy Aid Package; Bill Goes to Obama

A long-delayed $50.5 billion aid package for victims of Superstorm Sandy cleared the Senate on Monday, three months after the storm destroyed or damaged hundreds of thousands of homes and businesses in coastal New York, New Jersey and Connecticut. The …

Judge OKs Dewey & LeBoeuf Plan to Shred Old Client Files

A judge on Friday, Jan. 25, approved a plan by bankrupt law firm Dewey & LeBoeuf to foot some of the cost of destroying old client files, a bill that could ultimately reach almost $1.4 million.In a written order in …

State Farm Homeownes Rate Increase Denied in Louisiana

Louisiana Insurance Commissioner Jim Donelon has declined to approve a recent homeowners rate request filed by State Farm Fire and Casualty Co. (State Farm). State Farm submitted the request for the +16.6 percent rate increase to its homeowners program in …

Secrets of EdgeRank: How to Expand Your Facebook Reach

EdgeRank /ej-rangk/ noun 1. The reason why only 5% of your fans see your posts in their Facebook newsfeed. Disclaimer: I made that up. Have you noticed your reach to fans has dwindled? It’s because of EdgeRank. In short, it’s …

Mississippi River Closure After Accident Delays 300 Barges

More than 300 barges were awaiting passage through a closed section of the Mississippi River near Vicksburg, Mississippi, on Monday, a day after two tanker barges struck a railroad bridge and one leaked an unknown amount of oil into the …