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

Farmers Sues L.A. Body Shop for Alleged Fraud

Farmers Insurance Exchange has begun serving civil summons and complaints upon a Los Angeles body shop and its director, accusing them of taking part in a scheme designed to defraud Farmers and its policyholders. The civil complaint, which is similar …

L.A. Broker Sentenced for Insurance Premium Theft

On Aug. 31, Lory Caballero, of Eagle Rock, Calif., a licensed insurance agent and owner of L.C. Insurance Agency, was convicted of one count of felony grand theft. She was sentenced to five years of formal probation, 20 days of …

Fla. CFO to Storm Victims: Make Sure Contractor Has Workers’ Comp Coverage

Florida’s Chief Financial Officer Tom Gallagher advised Floridians coping with the aftermath of Hurricane Charley to verify that repairs to their home and property are being conducted by licensed contractors covered by workers’ compensation insurance, or who have a valid …

Argonaut Expects Limited Exposure From Charley

Argonaut Group, Inc., based in San Antonio, announced that as a result of Hurricane Charley, which moved through southern and central Florida on Aug.13, 2004, the company expects to incur pre-tax losses, net of reinsurance, of approximately $4 million in …

Pa. Workers’ Comp Study Says Injured Workers Satisfied

More than 83 percent of injured workers report they are satisfied with the medical care they receive from Pennsylvania’s workers’ compensation system, according to Labor and Industry Secretary Stephen M. Schmerin who cited results of a recent state survey. The …

A.M. Best Places Allstate Floridian Under Review

A.M. Best Co. placed the financial strength rating of “A-” (Excellent) of Allstate Floridian Group under review with negative implications. All companies listed are affiliates of The Allstate Corporation and are located in Northbrook, Ill. This rating action reflects the …

Brownsville, Texas Man Pleads Guilty to Comp Fraud

Texas Mutual Insurance Company reported that Jaime Cano of Brownsville, Texas, pleaded guilty to workers’ compensation fraud-related charges. A Travis County judge sentenced Cano to six months of deferred adjudication and ordered him to pay a $200 fine and $3,916 …

Okla. Committee Recommends Fisher Impeachment

Oklahoma lawmakers, including many who are term limited, have one serious piece of business to finish before they go out of office – voting on the impeachment of state Insurance Commissioner Carroll Fisher. Speaker Larry Adair released a report from …

TWCC Increases Availability of Comp System Information

In response to requests from workers’ compensation system participants, the Texas Workers’ Compensation Commission is making more information about the system available on the agency’s Web site at: www.twcc.state.tx.us. General system data such as the top paid health care providers …

Floridians: Prepare for Different Scenarios from Hurricane Frances

Hurricane Frances will likely affect the state of Florida in a variety of ways. While some areas will see high wind, others might be deluged with rain, while still more could have a mix of both. The Institute for Business …