Government News

Facebook Boast Leads to Probation for $9K Workers’ Comp Fraud

A supposedly injured New York woman caught bragging on Facebook about her salary and job has pleaded guilty of stealing nearly $9,000 in undeserved worker’s comp benefits and sentenced to three years probation for fraud, authorities said. Alexis Muniz, of …

FEMA Delays Flood Map Rollout in SW Illinois

Property owners in southwestern Illinois who worry that new government floodplain maps will force them to buy expensive flood insurance are getting another break. The Federal Emergency Management Agency says it will delay implementing the new flood maps until the …

New Orleans Judge Handling BP Oil Cases a ‘Straight Shooter’

The judge overseeing hundreds of lawsuits spurred by BP Plc’s Gulf of Mexico oil spill brought his much-noted calm, easy manner to the first major hearing in what could be one of the most complex and costly court fights in …

Gulf Hurricane Insurance Bill Unlikely to Pass, Again

In Pascagoula, Miss., on the Gulf Coast, agent Laverne Nelson has to get windstorm coverage for her personal property from the state wind pool. That is because in April her property insurer, MetLife, dropped her wind coverage. Before that, she …

Court: Government Contractor Not Immune to New Orleans Levee Suit

A government contractor isn’t immune from claims that it performed shoddy work that resulted in the failure of a New Orleans levee system during Hurricane Katrina, a federal appeals court has ruled. This week’s ruling by the 5th U.S. Circuit …

Agents to Calif. State Fund: Please Pay Commissions

Insurance agents and brokers want the California State Compensation Insurance Fund to change its broker of service policy and instead recognize broker of record (BOR) letters. While the policy not to recognize BOR letters is not new, the Alliance of …

U.S. Group Health Premiums Rose 3% in 2009; Individual Up 15%

U.S. health insurers took in 7 percent more revenue from premiums from individual, group and other policies in 2009 than in the previous year, even as the number of those people with coverage fell, according to a report released on …

Judge Urges BP Oil Disaster Litigants to Settle, Avoid Trial

The U.S. judge overseeing the hundreds lawsuits filed by shrimpers, restaurateurs and others against BP Plc and its partners as a result of the Gulf of Mexico oil spill urged the parties on Thursday to consider an agreement to avoid …

BP, Partners Say Most Oil Victims Should Not Be Allowed to Sue Yet

BP Plc and its partners in the blown-out Gulf well said on Monday that thousands of fishermen, seafood processors, restaurants, hotel owners and others may not yet have the right to sue over the spill, according to court papers. BP …

Warren Vows to End Financial ‘Tricks and Traps’ with New Consumer Agency

Wall Street critic Elizabeth Warren said Friday she accepted the job of setting up a consumer financial protection agency for U.S. President Barack Obama and declared that the time for financial “tricks and traps” was over. Obama was expected to …