Ohio Attorney General Jim Petro announced that his office has secured nearly $7.2 million for Ohio in a national settlement with pharmaceutical manufacturer Schering Plough. The settlement results from the drug company’s reported failure to fully reimburse the state’s Medicaid …
The Ohio Bureau of Workers’ Compensation (BWC) announced a Cincinnati woman has pled guilty to workers’ compensation fraud. Emma Hickson was sentenced to probation and payment of court costs. BWC’s special investigations unit (SIU) was alerted by an anonymous phone …
Delaware Gov. Ruth Ann Minner has signed a number of bills of interest to the property/casualty industry since the 2003-2004 legislative session ended July 1, most recently the personal injury protection legislation and a workers’ compensation subclassification bill. “Many bills …
New York Attorney General Eliot Spitzer praised a court order issued by an Oneida County judge against a home improvement contractor who repeatedly and persistently defrauded consumers. Justice Norman Siegel of State Supreme Court in Oneida County granted all relief …
State Farm Insurance is eliminating more than 1,000 jobs in Monroe, La., but has offered to donate its largest building to the parish’s economic development group, according to the Associated Press. State Farm announced in February that it would eliminate …
The Insurance Council of Texas announced the schedule for its Fall 2004 workers’ compensation seminar, Managing Disabilities and Other Benefit Issues in the Texas Workers’ Compensation System. The seminar will be held in Austin, Houston and Dallas in September and …
Los Angeles-based Mercury General Corp. reported net income of $78.1 million, or $1.43 per share (diluted), in the second quarter 2004 compared with $43.4 million, or $0.80 per share (diluted), in the same period for 2003. For the first six …
Homeland Security Secretary Tom Ridge announced that the government has “specific credible information” causing it to raise to the terrorism threat level to Code Orange for the financial services sector in New York City, Northern New Jersey and Washington, D.C. …
U.K. businesses are being increasingly hampered by the costs of dealing with the burgeoning compensation culture, which in turn is diverting management resources and financial investment away from core business and revenue generating activities, according to findings from a survey …
One-fifth of the 251 property/casualty bills enacted in the states so far this year relate to the regulation of automobile insurance, according to an analysis by the National Association of Mutual Insurance Companies (NAMIC). “A total of 23 states approved …