Monthly Archives: <span>April 2008</span>

Agent Charged for Defrauding Businesses $2.5 Million-Plus

An insurance agent was arrested in California for defrauding 18 business owners by stealing more than $2.5 million in money they had paid him to take out insurance policies for their businesses, the California Department of Insurance reported. Anthony David …

Reversal Decision for Pork Plant Workers Denied Workers’ Comp

Several employees at the Quality Pork Processors plant in Austin, Minnesota who were initially denied workers compensation for a mysterious neurological illness will be paid after all, attorneys said. At least 18 workers have suffered symptoms of the illness, which …

Westfield Joins Mid-Ohio School to Launch Teen Driving Safety Program

In response to the national epidemic of driving accidents and fatalities impacting teenagers, The Mid-Ohio School has announced a multi-year partnership with Westfield Insurance to create a unique safety initiative for teenage drivers. Westfield Center, Ohio-based Westfield Insurance, which will …

Ratings Roundup: Centene, Illinois Casualty, States Self-Insurers

Standard & Poor’s Ratings Services has lowered its counterparty credit rating on Centene Corp .to ‘BB-‘ from ‘BB’ and removed it from CreditWatch, where it was placed on March 19, 2008, with negative implications. The outlook is now stable. “We …

S&P Puts Liberty and Safeco on CreditWatch Negative

Standard & Poor’s Ratings Services has placed its ratings on both Liberty Mutual Group Inc. (LMGI) and Seattle-based Safeco Corp on CreditWatch with negative implications, following the announcement that Liberty has signed a definitive agreement to purchase Safeco for around …

Surplus Lines Association Launches Employment Web Site

The National Association of Professional Surplus Lines Offices has launched a new online job center to help students and young professionals find employment opportunities in the surplus lines insurance industry. NAPSLO’s Jobs Portal Web site at http://jobs.napslo.org allows jobseekers to …

Kentucky Gov. Blocking Mine Safety Appointment of Ex-Fletcher Aide

Kentucky Gov. Steve Beshear’s administration is blocking the appointment of his predecessor’s top aide to Kentucky’s Mine Safety Review Commission. Stan Cave, who was former Gov. Ernie Fletcher’s chief of staff, has objected to the claim by Beshear’s general counsel …

Thousands of Florida Smokers to Split $600 Million Tobacco Fund

Tens of thousands of ill Florida smokers and families of those who died are lining up for a share of a $600 million fund created by major tobacco companies as part of a 14-year-old lawsuit against cigarette manufacturers. The Florida …

Families of Victims in Bridge Scaffolding Collapse Sue

The families of two men presumed dead after scaffolding collapsed under a bridge over the Arkansas River filed a lawsuit against two construction companies and a foreman in charge of the project in North Little Rock, Ark. The wives of …

Indiana Whirlpool Plant Suspends 39 Workers for Lying About Smoking

Whirlpool Corp.’s Evansville, Ind. plant suspended 39 workers for smoking while claiming on their health insurance that they were nonsmokers. The company requires smokers to pay an extra $500 in insurance premiums. Company spokeswoman Debby Castrale says the workers were …