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

Two Sentenced in Los Angeles for Capping, Fraud

A California medical clinic administrator and law office administator have been sentenced for insurance fraud. According to the California Department of Insurance, Magdalena Zanoletti, 54, a medical clinic administrator, and her husband, Ramon Alfonso Zanoletti, 53, a law office administrator, …

Minn.Trade, National Group Applaud Legislative Defeat of Bad Faith Bill

The Minnesota Association of Farm Mutual Insurance Companies, (MAFMIC) and the National Association of Mutual Insurance Companies (NAMIC) stated today that “consumers win” with the legislative defeat of harmful Bad Faith “Double Lawsuit” proposals. If passed, the “Double Lawsuit” proposals …

NOAA Predicts Busier-Than-Average East, Gulf Coast Hurricane Season

U.S. weather officials are the latest to predict above average hurricane activity for the Atlantic states this coming hurricane season that begins June 1. Experts at the National Oceanic and Atmospheric Administration (NOAA) Climate Prediction Center are projecting a 75 …

Ill. Judge Seeks to Reopen $10.1 Million “Light” Cigarette Lawsuit

A judge whose $10.1 billion judgment against Philip Morris USA in a lawsuit over light cigarettes was thrown out on appeal is asking a court whether he can revive the case. Madison County Circuit Judge Nicholas Byron this month asked …

Ratings Roundup: American Federated; Berkshire Hathaway Homestate

A.M. Best Co. has upgraded the financial strength ratings (FSR) to “B+” (Good) from “B” (Fair) and assigned issuer credit ratings (ICR) of “bbb-” to American Federated Insurance Company (AFIC) and American Federated Life Insurance Company (AFLIC) The outlook for …

Flooding Causes $5.4 Million in Damages in Kansas County

Flooding last week caused more than $5 million in damage to buildings in Shawnee County, Kan., said Mark Hixon, county appraiser. The American Red Cross provided a list of addresses of flood-damaged structures that Hixon’s office used to make a …

Jury Awards $11.4 Million to Victims in N.Y. Diocese Sex Abuse Case

Several civil lawsuits have arisen from allegations of sexual abuse in the Roman Catholic church, but few have gone to trial. Most were settled out of court. In what victims’ lawyers called a powerful message to the church, a Mineola, …

Gov. Proclaims Hurricane Preparedness Week in North Carolina

Gov. Mike Easley has proclaimed May 20-26 as “Hurricane Preparedness Week” and urged all citizens to prepare for this year’s predicted increase in storm activity by assembling disaster preparedness kits and updating emergency plans. Hurricane season officially begins on June …

Sen. Clinton Favors Federal Disaster Backup Fund, ‘Rebuilding’ FEMA

Democratic presidential candidate Sen. Hillary Rodham Clinton, D-N.Y., campaigning in Florida, said this week the federal government needs to do more to prepare for disasters and that she favors the creation of a national insurance backup fund. Clinton said Monday …

Detroit Doctor Found Guilty of 80 Counts of Health Care Fraud

A doctor and his biller were convicted Monday on 80 counts of health care fraud and other charges related to an effort to bilk Blue Cross Blue Shield of Michigan of $775,000, the U.S. attorney’s office said. A federal jury …