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

Colorado Motorcycle Fatalities Reach Record High

Motorcycle fatalities are on the rise in Colorado, doubling from 45 in 1995 to an all-time high of 90 deaths in 2007, according to the Colorado Department of Transportation (CDOT). In the past five years (2003-2007) in Colorado, 402 riders …

Corps Plans to Complete South La. Levee System Upgrade in 2011

The Corps of Engineers told Louisiana Commissioner of Insurance Jim Donelon, staff from the Governor’s Office of Coastal Activities and insurance company representatives that upgrades to the Hurricane Protection System in the Greater New Orleans area is on track for …

New Website Launched for Insurance Agency Buyers and Sellers

Los Angeles, CA. – April 22, 2008 – Ganis Consulting, a California based Insurance Consultancy Firm, has launched its new website www.ganisco.com The site was developed to be a reference tool for insurance agency buyers and sellers. Ganis Consulting founder …

Supreme Court Won’t Hear Exxon Appeal of Louisiana Damages Award

The Supreme Court declined Monday to hear an Exxon Mobil Corp appeal over $112 million in punitive damages awarded for radioactive contamination of a 33-acre tract of industrial property in Harvey, Louisiana. Without comment, the high court refused to review …

Seven Arrested in Calif. for Automobile Arson, Fraud Scams

Insurance Commissioner Steve Poizner announced the arrests of seven individuals for their alleged involvement in automobile arson and insurance fraud. The arrests are the result of two automobile “give-up” investigations. Helen Marler, 28, and her husband Jason Marler, 33, both …

Mont. Jury Awards Woman $5.3M in Lawsuit

A federal jury has ordered an insurance company to pay a Bigfork woman $5.3 million in damages in a bad-faith lawsuit that accused the company of failing to pay her medical expenses after a head-on car crash in January 2003. …

New York Seeks to Revoke CRM Holdings’ License

The New York Workers’ Compensation Board plans to yank the license of CRM Holdings Ltd. to provide third party administrative services to self-insured workers’ compensation pools in the state as early as next month, according to documents sent to the …

Louisiana Bond Commission Delays Entergy Storm Repair Financing Plan

A day after state utility regulators approved the idea, a $1 billion storm recovery borrowing plan from two units of Entergy Corp. was stalled by the State Bond Commission amid questions about state liabilities in the arrangement. Rather than vote …

Ohio Judge Sentences Insurance Agent in Investment Scheme

An insurance agent was sentenced to 20 years in prison Friday for what prosecutors say was an investment scheme involving more than 200 victims in 12 states who have claimed up to $25 million in total losses. Jerry Rose, 48, …

Texas Teen Arrested for Burning Down Grandparent’s House

A 16 year old Rockwall, Texas, student has been charged with a first degree felony after setting fire to his grandparent’s home. The suspect remains in detention after confessing to several fires and saying he would set more fires if …