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

W. Va.: Massey Energy Hit with Lawsuit, Alleging Clean Water Act Violations

West Virginia coal producer Massey Energy Co. and its subsidiaries have illegally poured pollutants into West Virginia and Kentucky waterways 4,633 times within the last six years, federal prosecutors allege in a case brought under the Clean Water Act. The …

Fire Outlook: 2007 Wildfire Season Looks Wicked

Fire scientists are predicting an above-average wildfire season from May through August 2007, according to the National Interagency Fire Center Predictive Services Group based in Boise, Idaho. In its “National Wildland Fire Outlook,” released May 1, the group said “significant …

Co-founder of Global Insurance Provider Dies at Age 89

(Washington D.C.) – Clements International regrets to announce the passing of co-founder Robert S. Clements. Clements, a lawyer and insurance executive, will be remembered as a pioneer in the field of global insurance. In 1947, Robert noticed a growing need …

Big Dig Insurer AIG to Pay $58 Million in Surplus Funds to Mass.

Massachusetts Attorney General Martha Coakley’s Office has reached a $58.5 million settlement with American International Group (AIG), the workers’ compensation carrier for the Central Artery Tunnel (CA/T) Project, known as the Big Dig. Coakley said a review by her office …

Robert Bentley Joins RMS

Risk Management Solutions appointed Robert Bentley as chief operating officer. Bentley, previous global COO at Guy Carpenter, is principally based in the company’s New Jersey office now bearing responsibility for all operational aspects of RMS. Bentley began his career at …

Former Students Win $9 Million Settlement in Fraud Case

Washington students who alleged they were defrauded by the defunct Business Computer Training Institute have won a $9 million settlement and may get tens of millions more. An insurance company for BCTI, once based in Gig Harbor, Wash., agreed on …

Risk Management Solutions Appoints Bentley COO

Risk Management Solutions based in Newark, Calif., has named Robert Bentley chief operating officer. Bentley, who was previously Global COO at Guy Carpenter & Co. LLC., will be responsible for all operational aspects of RMS and will report directly to …

Countrywide Names Cardinal President

Countrywide Insurance Group named insurance industry veteran Steve Cardinal as president and chief operating officer of Countrywide Insurance Services. As a member of Countrywide Insurance Group’s executive team, Cardinal will oversee all aspects of Countrywide Insurance Services — a full-service …

Texas Secretary, Barrel Racer Pleads Guilty to Fraud Charges

Texas Mutual Insurance Company reported that a Houston woman pleaded guilty to workers’ compensation fraud-related charges in a Travis County district court. The court sentenced Sheryl K. Reynolds to a 10-year probation and ordered her to repay $21,976 in benefits …

Texas Bill Would Equalize Coverage for Mental, Physical Illnesses

Health insurance plans that cover mental illnesses would have to provide benefits that are equal to those for other diseases under a bill approved by the Texas Senate. Insurance companies frequently charge higher deductibles and co-payments for the treatment of …