July 19, 2006
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 …
July 19, 2006
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 …
July 19, 2006
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 …
July 19, 2006
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 …
July 19, 2006
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, …
July 19, 2006
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 …
July 19, 2006
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 …
July 19, 2006
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 …
July 19, 2006
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, …
July 19, 2006
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. …