Monthly Archives: <span>June 2015</span>

MEMIC Promotes Holbrook to VP of Information Technology in Maine

The MEMIC Group, a workers’ compensation insurer based in Portland, Maine, promoted Matthew Holbrook to vice president of Information Technology from director of IT applications. Based in Portland, Holbrook will report to Chief Operating Officer Daniel J. McGarvey.

Michigan Lawmakers OK Alcohol on Liability-Insured ‘Pedal Pubs’

People would be able to drink alcohol on certain pedal-powered vehicles under legislation going to Michigan Gov. Rick Snyder for consideration. The state House on June 18 gave final approval to the two bills. The bills would allow alcohol to …

Feds Want Proceeds from Convicted North Dakota Farmers’ Property Sale

Prosecutors are asking a judge to allow the government to seize money from an auction sale by two North Dakota brothers who were ordered to pay back more than $900,000 for intentionally destroying potatoes to collect federal crop insurance payments. …

‘Boyhood’ Director Linklater Loses Suit Against Insurer

“Boyhood” director Richard Linklater again has lost in a lawsuit against his insurance company over what he says was $500,000 in property and film memorabilia destroyed by Texas wildfires in 2011. A Texas appeals court has upheld an earlier ruling …

SAN Group Hires Read as Agency Development Field Specialist in Conn.

Satellite Agency Network (SAN) Group Inc., an alliance of independent property/casualty insurance agencies in the Northeast, hired John Read as agency development field specialist. He will be based out of East Granby, Connecticut.

Texas Tops in Lightning Damage Claim Amounts

Lightning damage is the most striking in Texas, at least for the insurance industry. The average claim in the state was $10,671 last year, the Insurance Information Institute said in a statement. That’s the highest figure among the 10 states …

Owner of Mass. Asbestos Abatement Firm Indicted for Work Comp Fraud

A Massachusetts man who owns an asbestos abatement company has been indicted for allegedly failing to accurately report the nature of his company’s work to avoid paying thousands of dollars in insurance premiums. Massachusetts Attorney General Maura Healey announced on …

RSA’s Former Irish Boss Wins $1.4M on ‘Sledgehammer’ Ouster: Tribunal

RSA Insurance Group plc’s former Irish head was awarded 1.25 million euros ($1.4 million), as a tribunal said the company destroyed his reputation amid a scandal that triggered the biggest sell-off in its shares for a decade. Philip Smith won …

Utah Cabs Want Ridesharing Companies Subject to Airport Fare Rules

A Utah cab company lawyer says it’s frustrating that new limits on airport cab fares won’t apply to ridesharing companies like Uber and Lyft. Yellow Cab attorney Rocky Anderson said last week that cab companies don’t mind the regulations, but …

$40M Jury Award in Suit Over California TGI Friday’s Killing

A Southern California jury awarded $40 million to the parents of a man who was stabbed to death in a TGI Friday’s restaurant. The panel found that the restaurant’s operator was 55 percent responsible for the January 2009 death at …