Monthly Archives: <span>February 2011</span>

New Mexico Fraud Bill Would Allow Judges to Aggregate Claims

The New Mexico Senate has passed a bill giving judges authority to aggregate the dollar amount of false insurance claims to determine the penalty before sentencing a fraudster. Judges can impose harsher sentences by combining into one lump sum the …

Products Recalled Over Concerns About Broccoli

A Northern California company has voluntarily recalled products sold at supermarkets across the West because they could contain contaminated broccoli. Tracy-based Taylor Farms Pacific announced the recall after a random test by agricultural officials came up positive for the bacteria …

Calif. Councilwoman Pleads No Contest to Workers’ Comp Fraud

A Northern California city councilwoman filmed exercising at the gym and taking long walks while claiming to be too injured to work has pleaded no contest to workers’ compensation fraud. Daly City Councilwoman Maggie Gomez entered her plea to two …

Albuquerque Declared Disaster After Winter Storm

Albuquerque Mayor Richard Berry has declared the winter storm that hit New Mexico’s largest city early in February as a natural disaster. City Emergency Management Director Sal Baragiola says it’s the first step the city can take to possibly recover …

Woman Awarded $1.14 Million After Atlanta Sidewalk Fall

A Fulton County, Georgia jury has awarded $1.14 million in damages to a woman who fell after getting her heel caught in loose concrete on a downtown Atlanta sidewalk. Don Edwards, a lawyer for 35-year-old Miriam Nichole Hancock, said his …

Virginia Tornado Emergency Drill Draws 760K Registrants

Virginia emergency management officials say more than 760,000 have registered to participate in a statewide tornado drill in March. The drill is a joint effort between the state Department of Emergency Management and the National Weather Service. It will take …

$600 Million Countrywide/BofA Settlement Approved by Judge

A federal judge in Los Angeles on Friday approved a $601.5 million settlement of a class-action suit against Countrywide Financial Corp., one of the largest class-action settlements stemming from the subprime mortgage crisis, a lawyer for the plaintiffs said. The …

Contractor Sues Parish Council in Louisiana over Hurricane Gustav Bills

A lawsuit seeks about $53 million from the Livingston Parish Council in Louisiana for Hurricane Gustav cleanup costs. International Equipment Distributors Inc. is suing for bills that the parish has not paid and for which the Federal Emergency Management Agency …

S&P Announces Rating Actions in Wake of Bahrain Unrest

Standard & Poor’s Ratings Services announced that it has affirmed its long-term counterparty credit and insurer financial strength ratings on Hannover ReTakaful B.S.C., Trust International Insurance & Reinsurance Co. B.S.C. (c) (Trust Re), and Saudi National Insurance Co. (SNIC). The …

York Specialized Loss Adjusting Acquires Texas-based BC Johnson Assoc.

York Specialized Loss Adjusting (York SLA), a division of New Jersey-based York Risk Services Group Inc., announced it has acquired BC Johnson Associates, a provider of specialized loss adjusting and risk assessment services to the global energy industry. The terms …