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

Texas Mutual Pays $1.7M Dividend to TxOGA Group

Texas Mutual Insurance Company reported a $1,789,062 dividend to the Texas Oil and Gas Association (TxOGA) workers’ compensation purchasing group. TxOGA has received over $3.5 million in Texas Mutual group dividends since 2001. Purchasing group dividends are separate from the …

Berkshire Hathaway Subsidiary Acquires Two Calif. WC Companies

Columbia Insurance Company, a member of the Berkshire Hathaway Group of Insurance Companies, has agreed to acquire American All-Risk Insurance Services (AARIS) and American Commercial Claim Administrators (ACCA), both wholly-owned subsidiaries of Acacia Pacific Holdings (APH). AARIS and ACCA are …

XM Satellite Seeks to Block Copyright Suit by Record Labels

XM Satellite Radio has asked a federal judge to throw out a copyright lawsuit by the recording industry over the company’s new iPod-like device that can store up to 50 hours of music. XM Satellite said the 1992 Home Recording …

Same-Sex Couple Cites Loss of Consortium in Conn. Med-Mal Suit

A same-sex couple has filed a medical malpractice lawsuit that their attorneys say is the first of its kind since Connecticut started allowing gay couples to enter into civil unions. Margaret Mueller and Charlotte Stacey are suing two doctors, accusing …

Former CompSource Oklahoma Claims Director Indicted for Fraud

Oklahoma Attorney General Drew Edmondson reported that the former claims director for CompSource Oklahoma is accused of one count of workers’ compensation fraud in a Multicounty Grand Jury indictment unsealed recently in Oklahoma County District Court. According to the indictment, …

Three Arrested in Post-Hurricane Katrina New Orleans Hospital Deaths

Louisiana Attorney General Charles C. Foti, Jr., announced that his Medicaid Fraud Control Unit (MFCU) has made three arrests in the investigation surrounding patient deaths at Memorial Medical Center in New Orleans. The investigation involves allegations that some doctors and …

Nearly 29% of Employees Considered Unproductive, Survey Found

Nearly 29 percent percent of company time in America is unproductive, according to the results of a new study by management consulting firm, Proudfoot Consulting. The estimated cost of poor productivity in the U.S. is $598 billion and U.S. companies …

Mass. AG: There Was ‘Substantial Dispute’ Over Big Dig Ceiling Method

Investigators probing the fatal collapse of a ceiling in Boston’s Big Dig underground freeway leading to the airport have discovered documents showing there was a “substantial dispute” over whether the design of the tunnel was adequate to hold the weight …

ACE USA Realigns Construction Industry Practice

ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has announced that its Construction Industry Practice, formerly part of ACE Risk Management, will now become a unit of ACE Casualty Risk, and work collaboratively with brokers, …

Vesta Fire and Subsidiaries Headed for Liquidation in Texas

Vesta Fire Insurance Company (Vesta Fire) and its Texas subsidiary insurance companies have begun issuing notices to agents to cease writing new and renewal insurance business, including homeowners policies for Texas Select Lloyds customers, the Texas Department of Insurance announced. …