Investigators have seized a small fortune from a Mingo County, West Virginia doctor in a case that parallels last month’s raid of a Williamson pain clinic, court filings show. The U.S. District Court papers disclose that prosecutors are negotiating a …
Florida’s 21st Century Holding Co. announced that its subsidiary Federated National Insurance Co. (FNIC) has received a capital infusion of $10 million. The transaction follows the previously announced notice from Demotech, Inc., a rating agency, requiring that FNIC obtain additional …
An Alabama trucking company involved in a crash that killed 11 people in Kentucky had a poor safety rating from federal regulators, repeatedly failing roadside inspections. The Federal Motor Carrier Safety Administration gave Hester Inc. a “deficient” rating of 88.4 …
The Kentucky Senate has used some late maneuvering in pushing a bill aimed at banning people from sending text messages while driving in the state. Senators found a House bill to attach the provisions that would prohibit drivers from writing, …
A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb” of VICTORE Insurance Company (VIC) of Oklahoma City, both with stable outlooks. The ratings reflect VICTORE’s current “modest underwriting leverage, sound balance …
The General Assembly has passed a bill that would allow the Kentucky Department of Insurance to pay homeowners up to $300,000 for damage resulting from geologic shifts triggered by mining. The current limit allowed to be paid to homeowners from …
Residents of a southern Louisville neighborhood have sued Nuplex Resins over a chemical spill that sent vapors through sewer pipes. The Louisville Courier-Journal reported that three people filed the suit last Friday in Jefferson Circuit Court over the Feb. 1 …
America’s top coal mine regulator says he will redouble pressure on the industry to meet a 4-year-old congressional mandate to equip the nation’s underground mines with high-tech communications and tracking gear. Mine Safety and Health Administration figures show 34 mines …
Fast food giant McDonald’s has withdrawn a petition to the Kentucky Supreme Court over a $6.1 million award to a former fast food worker who was forced to strip after someone called posing as a police officer. The Louisville Courier-Journal …
Kentucky’s major workers’ compensation insurance carrier has decided to return some of its surplus to policyholders. The decision comes after several weeks of political pressure. Earlier this month, Gov. Steve Beshear asked the insurer to consider returning some of its …
