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

Karen Clark’s New Program Creates Realistic Hurricane Tracks, Loss Estimates

Just in time for the 2013 hurricane season, Karen Clark & Co. (KCC), a catastrophe risk and modeling firm, has released a scientific tool for creating hurricane tracks and wind speeds. Named WindfieldBuilder, the tool enables property/casualty insurance companies to …

Delaware DMV Warns Residents About Auto Insurance Phone Scam

Delaware’s Department of Motor Vehicles says residents are being targeted by a phone scam. The DMV says residents have been getting automated phone calls offering them savings on their car insurance. WDEL-AM reports that the message claims the DMV gave …

South Carolina Store Owner Found Guilty of Insurance Fraud

A South Carolina jury has found a Hartsville store owner guilty of faking an assault and setting fire to her own store to get insurance money. The Morning News of Florence reported a judge sentenced 47-year-old Claudette Hulsey to three …

Supreme Court to Hear Mutual Fund Whistleblower Case

In a case involving whistleblowers at Fidelity Investments, the U.S. Supreme Court on Monday agreed to consider whether mutual fund employees are subject to the same whistleblower protections as workers at publicly traded companies. Two Fidelity whistleblowers asked the court …

House Pushes for More Economic Analysis of Securities Rules

A divided U.S. House of Representatives on Friday passed a Republican-sponsored bill that would force federal securities regulators to conduct more economic analysis before adopting rules for Wall Street. The bill, which is not expected to make it to the …

Alabama Supreme Court Upholds $3.2 Million Malpractice Verdict

The Alabama Supreme Court has reinstated a $3.2 million malpractice verdict awarded to the estate of a Montgomery woman who died in 2005 after being treated at the Baptist East Emergency Room in Montgomery. Lauree Durden Ellison had visited the …

European Union Set to Vote on ‘Too Big to Fail’ Law

A European Union law up for a vote on Monday will only fully shield taxpayers from bailing out troubled banks if there is a global framework as well, a top UK regulator said on Monday. Bank of England Deputy Governor …

Bangladesh Factory Banned by Wal-Mart Still Makes Wrangler Shirts

A Bangladesh factory where Wal-Mart Stores Inc. and Inditex SA inspectors spotted cracks in the wall this month is still making Wrangler shirts for the world’s largest apparel maker, U.S.-based VF Corp. VF confirmed on Saturday it was still using …

Abe Faces Uphill Task in Boosting Foreign Investment in Japan

Japan risks missing, yet again, an opportunity to use foreign investment to help fuel sustained economic growth that has eluded it for the last two decades. Prime Minister Shinzo Abe pledged to make Japan “the world’s easiest country for companies …

Epic-Premier Appoints Leslie Curtis as National Sales Manager

Lakeland, FL, 05/20/13 – Epic-Premier Insurance Solutions, Inc., today welcomed Leslie Curtis as National Sales Manager. Leslie possesses extensive experience within the wholesale insurance marketplace. “Leslie’s impeccable reputation within the MGA/Wholesale marketplace is well known. We are extremely proud to …