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

Idaho Insurance Agent’s License Revoked

The Idaho Department of Insurance announced it has revoked the license of Paul A. Bowman, a Grangeville resident. According to the final order signed by Director Bill Deal, Bowman must immediately cease doing insurance business in Idaho and return his …

SoCal Meat Company Recalls 3,170 Pounds of Beef

A Southern California meat producer has recalled 3,170 pounds of ground beef that might be contaminated with E. coli. U.S. Department of Agriculture’s Food Safety and Inspection Service spokesman Richard McIntire said no illnesses have been reported from the bulk …

Mitchell International, LexisNexis Expand Relationship

Mitchell International, Inc. and LexisNexis have formed a definitive agreement to develop an expanded set of product and service offerings to assist insurance carriers with more effectively managing property and casualty claims. Building upon the foundation of their joint Medical …

Texas AG: Drug Maker to Pay $170M in Damages for Fraud

A Travis County (Texas) jury recently returned a record-setting verdict for damages against drug manufacturer Actavis Mid-Atlantic LLC, the Texas Attorney General’s office announced. The jury determined that Actavis and co-defendant Actavis Elizabeth LLC should pay Texas and the federal …

FARA Announces Northeast Expansion; Opens Office in New Jersey

Mandeville, La.-based FARA Insurance Services, a provider of claims administration and risk management solutions nationwide, has expanded its operations into the Northeast. With the opening of the Princeton, N.J., office, FARA will increase its presence in the Northeast and looks …

Weather Related Loss Estimates in Texas Reaching to $100M

Preliminary estimates of insured losses from recent winter storms in Texas range between $51 million and $100 million statewide according to two insurance industry trade groups. Southwestern Insurance Information Service said estimated preliminary statewide losses from high winds and freezing …

Virginia Officials Plan Statewide Tornado Drill

Virginia emergency management officials are planning to hold a statewide tornado drill. The drill is a joint effort between the state Department of Emergency Management and the National Weather Service. It will take place on March 15 at 9:45 a.m. …

Fire at Delaware Car Dealer Injures 3, Causes Damage

A fire that broke out at a Delaware car dealership injured three people and caused $400,000 in damages. The state Fire Marshal’s Office says the accidental blaze ignited Friday afternoon at Camden-Wyoming Auto Sales in Kent County. When firefighters arrived …

Ammunition Delays Response to New Hampshire Garage Fire

New Hampshire firefighters say they had to wait to extinguish a fire in a South Hampton garage until ammunition stored in the garage had exploded. The three alarm fire on Sunday morning destroyed a recreational vehicle and the garage. South …

Accidents Shine Spotlight on Grain Elevators

Recent high-profile accident cases have put a regulatory spotlight on grain elevators. Speakers at the North Dakota Grain Dealers Association annual meeting in Fargo talked about a range of financial perils elevators must deal with today. Mike Maslowski, compliance assistance …