Monthly Archives: <span>February 2006</span>

California Creates Web Site To Combat Workers’ Comp Fraud

The California Department of Insurance has launched a new Web site to fight against workers’ compensation fraud and spotlight the convictions of those who cheat the system. The site, accessible on the California Department of Insurance (CDI) web site (www.insurance.ca.gov), …

Fitch Assigns ‘A-‘ IFS Rating to The Doctors Co. Group’s Subs

Fitch Ratings has assigned an ‘A-‘ insurer financial strength (IFS) rating to The Doctor’s Company an Intercompany Insurance Exchange (Doctors) and its wholly owned insurance subsidiaries (see list below), collectively referred to as The Doctors Company Group (TDC): The Doctors’ …

N.J. Agent Pleads Guilty to Stealing Nearly $100,000 in Premium Money

New Jersey Division of Criminal Justice Director Vaughn L. McKoy reported that a Cumberland County insurance agent has pleaded guilty to theft for stealing nearly $100,000 in insurance premium money from insurance customers. According to Insurance Fraud Prosecutor Greta Gooden …

New Course Focuses on Environmental Risk Management Strategy

“Developing an Environmental Risk Management Strategy” is a new online course that trains risk managers on how to develop and execute a proactive environmental strategy. The course is offered through a partnership of the Risk and Insurance Management Society Inc. …

Financial Institutions Face Significant Security Breach Costs

“For many financial institutions, a network security breach involving the release of confidential customer information is not a matter of if, but when,” cautioned Tracey Vispoli, vice president, Chubb & Son, during the 2006 American Bankers Association Insurance Risk Management …

Sun County Restoration Joins DKI

Disaster Kleenup International Inc., a network of quality, independent property damage restoration contractors, reported that Sun Country Restoration, based in Yuma, Arizona, has joined the organization to strengthen DKI’s network in the Southwest. Sun Country has been in business since …

OSHA Reminds Employers to List Injury/Illness Summaries Starting Feb. 1

Beginning Feb. 1, employers must post a summary of the total number of job-related injuries and illnesses that occurred last year, the Occupational Safety and Health Administration (OSHA) announced today. Employers are only required to post the Summary (OSHA Form …

Judge Gives Class Action Status to La. Oil-Spill Case

A federal judge has certified as a class action a lawsuit against Murphy Oil Corp. over an oil spill in Louisiana after Hurricane Katrina. U.S. District Judge Eldon Fallon’s decision applies to an area in St. Bernard Parish that falls …

Baton Rouge, La., Woman Pleads Guilty in CE Credit Scam

Louisiana Attorney General Charles C. Foti, Jr. reported that Marsha Lavernia Scott, aka Marsha L. Dillon, 3120 Lambert Drive, Baton Rouge, La., pled guilty on Jan. 23, 2006, to one count of filing false public records in connection with an …

South Dakota Officials Consider Speedy Claims Process for Injured Workers

Workers in South Dakota with medical bills from job-related injuries or illnesses could find it easier to recover expenses by using a procedure similar to small claims court, according to an Associated Press story. The South Dakota House Judiciary Committee …