Monthly Archives: <span>February 2007</span>

Mass. Settles with Employers Re Over Inflated Workers’ Comp Charges

Massachusetts Attorney General Martha Coakley has setttled a case brought by the state against Employers Reinsurance Group (ERC), a former subsidiary of General Electric, for unlawfully hiking the price of the Boston Water & Sewer Commission’s workers compensation insurance. According …

La. Gov. Wraps up Calif. Trip with Plea to Insurance Executives

Insurance executives are growing more interested in doing business in Louisiana because of recent moves by the Florida Legislature that the industry considers government meddling, Gov. Kathleen Blanco said recently. Blanco was in southern California to give a speech to …

Okla. Supreme Court Ruling Puts new Twist on Civil Liability Debate

For Dr. David Russell, an Enid radiologist and president of the Oklahoma State Medical Association, the debate over civil justice reform in Oklahoma isn’t about the politics that has kept many reform measures bottled up at the state Capitol. The …

Quitman, La., Woman Booked on Arson-for-Insurance Charge

A Quitman, La., woman has been arrested, accused of setting her mother’s house on fire in order to collect insurance money. Investigators with the state Fire Marshal’s Office on Jan. 30 arrested Pamela Dukes, 49, on charges of simple arson …

TDI December Enforcement Actions Result in $128K in Fines, Restitution

The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during December. The actions include three license revocations, one license denial and fines and restitution totaling $128,402. Only final orders are listed. An order …

IPCC Climate Change Report: Human Activities Linked to Global Warming

After a full week of presentations and discussions in Paris, the Intergovernmental Panel on Climate Change (IPCC) adopted the Summary for Policymakers of the first volume of “Climate Change 2007”, also known as the Fourth Assessment Report (AR4). In stark …

Report: ID Theft Down; Key Risk Factors Include Age, Income

Despite the impression given by cases in the news, identity theft appears to be actually dropping. The 2007 Identity Fraud Survey Report released by Javelin Strategy & Research provides information about the reduction of identity fraud across the United States. …

St. Paul Travelers Settles Stun-Gun Suit Against Pa. Suburb

A Pittsburgh suburb’s former insurance carrier paid $100,000 to an ex-pizzeria owner who sued the municipality after being subdued by police with a stun gun in 2005. Mount Lebanon police used a 50,000-volt Taser on Frank Caruso, 67, of Castle …

U.S. Judge Weighs Holocaust Victims’ Settlement with Italian Insurer

A settlement between Holocaust victims, their relatives and an Italian insurance company may be the only chance for some victims to recover money, a judge said, but he delayed ruling on approval of the deal. U.S. District Judge George B. …

PartnerRe to Release Q4, Full Year Results Monday; Conference Details

Bermuda’s PartnerRe Ltd. will release its 2006 fourth quarter and full year results after the market close on Monday, February 5, 2007. PartnerRe senior management will conduct a dial-in conference call, which will include a question and answer period, on …