Yearly Archives: <span>2013</span>

Texas Approves 10 Companies to Self-Insure for Workers’ Comp

The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved ten renewals of the Certificates of Authority for companies to self-insure their workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Program. These companies collectively employ approximately …

Canadian National Railway Suffers Fourth Derailment in Month

A Canadian National Railway Co. train derailed in northern Ontario this past weekend, and an estimated 40 carloads of grain left the tracks, the Transportation Safety Board of Canada said. The board said it was deploying a team to investigate …

Japan Earmarks Additional $30B for Fukushima Clean-Up, Compensation

Japan’s government is finalising plans to borrow an additional 3 trillion yen ($30 billion) to pay for compensating Fukushima evacuees and cleaning up the area outside the wrecked nuclear plant, said people with knowledge of the situation. The additional borrowing …

New UK Financial Watchdogs Face Surge in Staff Turnover: Reuters

Staff have been quitting Britain’s financial watchdogs at nearly twice the rate since they were split into two bodies this year, data seen by Reuters shows, at a time when experts warn of a regulatory brain drain in Europe’s biggest …

South Dakota Farmer Charged With Filing False Insurance Claims

A South Dakota farmer is charged in federal court with three counts of filing false crop insurance claims. Fifty-two-year-old Nicholas Berbos has pleaded not guilty to the charges. Trial is scheduled May 13 in Aberdeen. The indictment accuses Berbos of …

Oklahoma Man Pleads Guilty To Arson-Related Fraud

A Broken Arrow, Okla. man has pleaded guilty to a federal mail fraud charge that authorities say is related to an alleged arson at an east Tulsa self-storage facility. The Tulsa World reported that a plea agreement has been filed …

The Wright Group Acquires Assets from AFS in Colorado

Denver, Colo.-based The Wright Group Services announced it has purchased substantially all the annuity sales assets from Affiliated Financial Services in Colorado. Terms of the deal were not disclosed. AFS services the product and sales needs of banks and credit …

Massachusetts Health Insurer Lays Off 62 Workers

A Worcester, Mass.-based health insurance provider has announced that it is laying off 62 workers, or about 6 percent of its total workforce. Fallon Community Health Plan President and Chief Executive Patrick Hughes said in a written statement last Thursday …

President Signs South Dakota Blizzard Disaster Declaration

President Barack Obama has signed a disaster declaration allowing 14 South Dakota counties and two American Indian reservations to get federal financial help to recover from the early October blizzard that closed roads, downed power lines and killed thousands of …

Washington Apple Crop Tops $2B in Sales

An apple a day may not keep the doctor away, but it sure lines the pockets of Washington’s apple growers. Apples were worth more than $2 billion to Washington farmers in 2012, the first crop in state history to cross …