Monthly Archives: <span>May 2004</span>

State Fraud Prosecutor’s Correction Clears N.J. Agency of Ties to Indicted Agent Hall

New Jersey’s insurance fraud prosecutor has issued a clarification of an insurance fraud indictment announced last week and published by Insurance Journal. On May 20, the New Jersey Division of Criminal Justice in the Office of Insurance Fraud Prosecutor announced …

TWCC Hearing on Proposed Rules Scheduled for June

The Texas Workers’ Compensation Commission has scheduled a public hearing for June 16, 2004. The Commission will take testimony on amended rules that were proposed at the April 15, 2004 public meeting. The proposed rules were published in the Texas …

Chubb Survey: One in Four Private Companies Sued by Employees, Former Employees

One in four privately held companies has been sued by an employee or former employee in the past few years, according to a survey sponsored by the Chubb Group of Insurance Companies (www.chubb.com). Executives at as many as half the …

Xerox Survey Reports Productivity as Top Business Priority for ACORD LOMA Attendees

In a survey of property, casualty, life and annuities professionals, 39 percent of respondents indicated that increasing productivity is their first priority in improving business processes, while 33 percent cited the need to reduce costs. Xerox Corporation’s Global Services division …

MJM Investigations Notes Partnership in Australia

North Carolina-based MJM Investigations, an international private investigation firm providing innovative investigative solutions to the insurance industry, announced a new strategic partnership with Milne and Associates, an Australian private investigation firm, conducting surveillance and factual investigations for various Government agencies, …

AIMU Board Backs Revisions to Cargo Clauses

The American Institute of Marine Underwriters (AIMU) has revised the association’s Cargo Clauses for the first time since 1966. AIMU chairman David French said the revisions would make the forms more consistent with modern usage. The revisions were approved by …

20 Los Angeles Homeowners to Sleep Better After Recovering $1.32 Million for Hearing Neighbors Snore

Downtown Los Angeles loft owners recovered $1.32 million for the luxury of reportedly hearing their neighbors at all hours of the day and night. When homeowners at the Toy Warehouse lofts moved into their new homes in 2001, they reportedly …

Fla. Cemetery Ordered to Find Buyer or Lose License

Florida’s Restlawn Memorial Cemetery Inc., has agreed to sell its operation to a state-approved buyer or face revocation of its license in response to charges that it failed to maintain gravesites and grounds, resolve long-standing consumer complaints, and deliver paid …

Accenture Survey Targets Industry Fraud

The majority of Americans say insurance fraud occurs because people believe they can get away with it, according to results of a survey released today by Accenture. The survey, based on a random sample of more than 1,000 U.S. adults, …

Ark. A.G. Reports Crime Victims Reparations for April

Attorney General Mike Beebe announced that the Arkansas Crime Victims Reparations Board awarded $349,835 in reparations to 170 crime victims during April, 2004. Additional expenses were paid in 100 previously submitted cases. Beebe noted that in 2003, nearly 2,700 claimants …