Kenneth Feinberg, who last week took over the claims process for BP Plc’s Macondo well oil spill, has so far paid nearly $10 million in emergency payouts to Gulf Coast residents who have suffered economic harm, documents show. Feinberg, who …
San Diego-based Impairment Resources LLC, a resource on impairment evaluation, has appointed Julie Osborn to chief operating officer. She assumes responsibility for managing and improving processes and systems. She will interact directly with the organization’s clients, who include workers’ compensation …
According to catastrophe risk modeling firm AIR Worldwide, the sixth, seventh, and eighth named storms of the northwest Pacific season are approaching the Asian mainland bringing high winds and expected heavy rains. Typhoon Kompasu, the seventh of this year’s tropical …
The number of traffic tickets dropped across the state last year, and it’s probably not because Ohioans became better drivers. In the tough economy, many local and state law enforcement agencies have made staffing cuts, resulting in fewer patrols on …
Ohio Department of Insurance Director Mary Jo Hudson has announced that former insurance agent Jamie Smith of Bowling Green, Ohio, has been convicted on one count of felony theft in the Lucas County Court of Common Pleas. Director Hudson has …
A judge in the District Court of Oklahoma County in mid-August issued an order of liquidation with a finding of insolvency for workers’ compensation provider Pegasus Insurance Co. Inc. Oklahoma Insurance Commissioner Kim Holland initiated proceedings to place Pegasus into …
Showing your home’s storm damage to an insurance adjuster should be a feeling of relief rather than high anxiety. An adjuster arriving at your residence means you are that much closer to having your home repaired and your life returned …
The former airport director at New Orleans’ Louis Armstrong International Airport faces criminal charges in an alleged case mail and insurance fraud related to Hurricane Katrina. U.S. Attorney Jim Letten said Sean Hunter, 44, and his wife, Shauna Crowden Hunter, …
A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and the issuer credit rating to “bbb+” from “a-” of Swiss-based Glacier Reinsurance AG. Best has also placed both ratings under review with negative implications. …
Two pyrotechnics company employees were injured in a fireworks accident at a the northeastern Pennsylvania home of a minor league affiliate of the New York Yankees. A state police fire marshal is investigating the cause of the incident at PNC …