Monthly Archives: <span>February 2014</span>

Texas Judge Rules Against Armstrong in Fight over Insured Bonuses

A Texas judge has rejected Lance Armstrong’s request to stop an arbitration panel from reviewing $12 million in bonuses the cyclist was paid before admitting he used performance-enhancing drugs. Judge Tonya Parker declined to stop the panel from considering whether …

Consumer Watchdog in California Barks at Farmers

Consumer Watchdog has petitioned Insurance Commissioner Dave Jones a public hearing on the new program private passenger auto filings of Farmers Specialty Insurance Co. The Consumer Watchdog petition seeks to compel Farmers and its affiliates to comply with Proposition 103’s …

Study Says N.Y. ‘Scaffold Law’ Drives Up Construction Costs, Causes Injuries

A new study published this month challenges the claim that New York’s Labor Law 240, also known as the “Scaffold Law,” improves workplace safety. The study, titled “The Costs of Labor Law 240,” argues New York incurs additional workplace accidents …

Scientists: New Bubbles at Louisiana Sinkhole Site Could Signal Blast Risk

Authorities say state and parish agencies are testing to see whether newly discovered gas bubbles northeast of the Bayou Corne, La.-area sinkhole are tied to the swampland hole. The Advocate reports the state Office of Conservation and contractor CB&I have …

Louisiana Property Policyholders Urged to File for Citizens Insurance Rebate

Louisiana Insurance Commissioner Jim Donelon is once again reminding property insurance policyholders that tax season is one of the easiest times to claim the Louisiana Citizens Property Insurance Assessment rebate. At a joint press conference, Donelon and Louisiana Department of …

Salzwedel Named CEO of Michigan-Based Insurance Wholesaler, Grand General

Great Lakes regional insurance wholesaler, Grand General Agency in Grandville, Mich., has promoted John Salzwedel to the position of chief executive officer. Salzwedel has been with Grand General since 1997 and has experience in every department within the company. In …

LIU Partners with BitSight Technologies to Provide Information Monitoring to Insureds

Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has collaborated with BitSight Technologies to provide LIU Data Insure policyholders with current ratings on their company’s information security health to help better protect their sensitive business and customer data. Through …

Fatalities on South Dakota Highways Higher Compared to 2013

Fatalities in car wrecks on South Dakota highways so far this year have almost doubled compared to the same period in 2013. The state’s Department of Public Safety says 24 people have died in crashes in 2014. The state recorded …

Insurers to Accept Premium Payments from Louisiana HIV Patients, for Now

A federal judge in Louisiana received assurances that three insurance companies won’t immediately stop accepting premium payments from a program that helps HIV and AIDS patients cover health care costs. After receiving the pledge that no payments would be rejected …

Illinois Pharmacist Sentenced to 7 Years for Identity Theft, Insurance Fraud

An Illinois pharmacist has been sentenced to seven years in federal prison for stealing customers’ identities to make fake prescriptions and collect money from insurance companies. Federal prosecutors say 76-year-old Ronald Kielar of Mundelein collected more than $1.7 million by …