August 7, 2006
A federal judge has decided to speed up the process of determining the legality of two new Louisiana laws giving homeowners and additional year to sue their insurance companies for damages from hurricanes Katrina and Rita. The immediate question to …
August 7, 2006
Texas Mutual Insurance Company announced a group dividend to the Lone Star Energy (LSE) purchasing group totaling $46,397. Group dividends are separate from the approximately $100 million in individual dividends that Texas Mutual Insurance Company paid qualifying policyholders this year. …
August 7, 2006
The Texas Action Council on Theft, a non-profit coalition of insurers and law enforcement officials, has officially launched its Web site, according to Sandra Helin, TACT Project Director. TACT is administered by Southwestern Insurance Information Service. “We are happy to …
August 7, 2006
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) will present half-day educational seminars for health care providers in Lubbock on Aug. 15, and in Fort Worth on Aug. 18 titled “How House Bill (HB) 7 Improves Health Care …
August 7, 2006
Former suburban Chicago home of a jailed insurance executive convicted of looting his company’s trust fund could be sold by the federal government to a developer of luxury homes. Michael Segal forfeited the 17-acre property in Highland Park as part …
August 7, 2006
Sioux, S.D.-based Aerostar International Inc., a subsidiary of Sioux Falls-based Raven Industries Inc., is getting out of the hot air balloon market. A gradual decline in the popularity of the recreational activity and rising liability insurance costs have made the …
August 7, 2006
More than 240 West Virginians who had difficulty obtaining health insurance in the regular market are now insured through AccessWV, the state’s high-risk insurance plan, according to Insurance Commissioner Jane L. Cline. Offered by the state, AccessWV guarantees that all …
August 7, 2006
A Suffolk County, New York woman has pleaded guilty to unlawfully cashing checks payable to her deceased mother in a case of workers’ compensation insurance fraud, according to the New York State Insurance Fund. Fund officials said that Renee Kelleher, …
August 7, 2006
Besieged by malpractice lawsuits targeting one of its former doctors, Putnam General Hospital will cease all inpatient services at the end of the month and operate instead as an urgent care center, officials announced Tuesday. “Our painstaking assessment indicates that …
August 7, 2006
Members of the Singapore Insurance Brokers Association recently voted Chubb as having the “Best Claims Service.” This is the second consecutive time Chubb has won the award and the fifth consecutive time it placed in the top three. “Around the …