Monthly Archives: <span>April 2019</span>

North Carolina Insurance Fraud Round-Up: March

The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of March 2019. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North Carolina Insurance Commissioner Mike Causey, fraud costs North Carolinians …

Judge Rejects Lawsuit from Florida Sheriff Fired After High School Shooting

A judge on Thursday dismissed a lawsuit filed by the Florida sheriff whom Gov. Ron DeSantis suspended after accusing him of failing to prevent the Parkland school shooting. Broward Circuit Judge David Haimes ruled that DeSantis’ executive order removing Scott …

Workers Injured at Texas Chemical Plant Damaged by Fire File Suit

A growing number of lawsuits are springing from the ashes at a Houston-area chemical plant that caught fire this week killing a worker. Two plant employees filed separate state suits Wednesday against KMCO LLC, claiming the company failed to maintain …

Missouri’s Nichols Insurance Joins Valley Insurance Agency Alliance

Nichols Insurance in Belle, Missouri, recently joined Valley Insurance Agency Alliance (VIAA), a cohesive family of over 120 independent insurance agencies in Missouri and Illinois. Nichols Insurance was founded in 2019 by owner Cody Nichols, who has a strong cattle …

Focus Turns to Insurance Investor’s North Carolina Political Donations After Indictment

In return for a promised $2 million payout, federal prosecutors say, the investor who has recently been North Carolina’s biggest political donor wanted something from the state’s top insurance regulator: go easy on his insurance companies. Now Greg Lindberg is …

Doctor, Early Advocate for Opioids, to Testify Against Drug Makers: Reuters

A physician ally of Purdue Pharma LP whose views helped drive the explosive growth in the use of addictive pain relievers for common aches and pains in the United States has agreed to testify against the OxyContin maker and other …

Starr Appoints Capitano to Lead Primary General Casualty-Risk Management

Starr Insurance Companies has named Carmella Capitano, senior vice president, as head of primary general casualty-risk management and excess casualty. In this new role, Capitano will lead a team serving organizations with revenues of $400 million or more. She will …

Rhode Island’s Starkweather & Shepley Elects Lowe to Board of Directors

East Providence, R.I.-headquartered Starkweather & Shepley Insurance Brokerage Inc. (S&S) has elected Elizabeth Lowe to the board of directors. Lowe, president of Custom House Risk Advisors (CHRA), is the first female on the board in the company’s history. As President …

AIG Offers to Settle 7 Defamation Claims Against Cosby; Comedian Asserts Innocence

American International Group, acting under a homeowner’s insurance policy it issued for comedian Bill Cosby, has settled defamation claims filed by seven women against the entertainer. Terms of the settlements were not disclosed in the court documents filed by the …

Judge Orders Vermont’s Hermitage Club Owner to Pay Member $2.1M

A judge has ordered the owner of a foreclosed ski club in Vermont to pay about $2.1 million to a club member who is unable to sell back 20 memberships he bought in 2015. The Brattleboro Reformer reports the judge …