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

Texas Man Arrested, Charged in $3.5M Staged Accident Fraud Scheme

A Duncanville, Texas, man faces federal charges in an alleged multi-million dollar staged accident fraud scheme. The U.S. Attorney’s Office for the Northern District of Texas reported that Leroy Nelson was arrested by federal agents on felony charges, outlined in …

ACE Establishes Special Purpose Vehicle, Altair Re

ACE Limited has established a $95 million special purpose vehicle, Altair Re, to provide additional collateralized capacity for its global reinsurance business. The capital will be used to support ACE Tempest Re’s global property catastrophe reinsurance portfolio. Altair Re gives …

Inquiry Into Texas Blast Plagued by Regulatory Gap

Federal and state officials investigating the April 17 deadly blast at a Central Texas fertilizer company are trying to determine whether a fire at the plant could have ignited a supply of ammonium nitrate. But how much of the highly …

Missouri Insurance Department Returns $6.2M to Consumers in Q1 2013

The Missouri Department of Insurance announced that consumers who filed complaints against their insurance companies received an additional $6.2 million in claim payments in the first quarter of 2013. “Consumers should not assume that they’ve run out of options if …

Trade Group Urges Indiana Governor to Sign Work Comp Bill

The Indiana General Assembly ended a very productive 2013 legislative session early in the morning on April 27 having passed workers’ compensation reform, legislation permitting the use of electronic devices to show evidence of insurance as well as positive uninsured …

Governor to Sign Tougher North Dakota DUI Laws

Gov. Jack Dalrymple says he will sign legislation aimed at strengthening penalties for drunken driving in North Dakota. The Legislature endorsed the bill that increases fines and other penalties. The new law will require jail time or community service work …

Court Cuts Corps Back Out of New Orleans’ 17th St Canal Lawsuit

A federal appeals court ruling has added a new twist to a complicated legal property rights case along a canal that was breached during Hurricane Katrina, contributing to the floods over most of New Orleans. The 5th U.S. Circuit Court …

40 Ex-LAPD Officers Seek Reviews Of Dismissals

Dozens of fired Los Angeles police officers are taking up the chief’s offer to re-examine their dismissals since a deadly rampage by Christopher Dorner, who claimed that he was wrongly expelled from the force. The Los Angeles Times reported 40 …

Idaho Firm Pursues State Officials In IEN Lawsuit

Idaho’s former Department of Administration director and its chief technology officer are being targeted by a company that says they illegally denied it a role in a $60 million broadband deal. Syringa Networks now has a hearing May 16 in …

Report: Northern California Bridge Has Bolts Similar To Banned Bolts

The new eastern span of the San Francisco-Oakland Bay Bridge has more than 1,200 bolts made from galvanized steel that is virtually identical to a high-strength alloy that a nationwide group of transportation officials banned for use on bridges because …