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

Arbitration Forums Settled $2.3 Billion in Inter-Insurer Disputes in 2010

A nationwide arbitration service said it resolved claims disputes between insurance companies valued at more than $2.3 billion in 2010 and saved insurers millions of dollars in litigation costs. Arbitration Forums, Inc. (AF), based in Tampa, Fla., reported that it …

InStar Services Group Acquires Oakwood Construction and Restoration Services

InStar Services Group LP has completed the acquisition of a majority of the stock of Oakwood Construction and Restoration Services Inc. Headquartered in Brea, Calif., Oakwood provides disaster restoration and reconstruction services in Southern California. Oakwood’s range of services includes …

Federal Agency Calls for Gas Pipeline Safety Reforms

The nation needs new solutions to improve the safety of natural gas pipelines coursing beneath neighborhoods, federal investigators said last Thursday as a three-day hearing on last year’s deadly blast in a San Francisco suburb drew to a close. Dozens …

Mississippi Casino Workers May Get Oil Spill Funds

The group charged with administrating BP’s $20 billion Gulf oil spill fund says it will start processing claims from casino workers this week. Kenneth Feinberg, the Washington lawyer who oversees the fund, said last friday through a spokeswoman that the …

Bill Targets Misclassification of Trucking, Courier Workers

State lawmakers who deal with insurance issues have approved a model law for the trucking and courier industries that sets guidelines for who is an independent contractor and who is an employee. The National Conference of Insurance Legislators (NCOIL) last …

Tennessee Sets Deadline for Claims Against 3 Failed Insurers

A Tennessee judge has set May 16 as the final date to resolve all outstanding claims against three insolvent risk retention groups that were closed in 2003 after the failure of their Virginia reinsurer, Reciprocal of America. Three Tennessee companies …

Mississippi to Speed Up Workers’ Compensation Appeals

The Mississippi Senate has passed a bill making it easier to appeal a decision of the state Workers’ Compensation Commission. The bill passed the House earlier and is now headed to the governor. Currently, an appeal of a commission decision …

Four Former West Virginia Firefighters Face Arson Charges

Four former volunteer firefighters with the Blue Ridge Mountain Fire Co. have been charged with felony arson. The Journal of Martinsburg reported that the four were arrested last Friday and arraigned in Jefferson County Magistrate Court. The suspects posted bail …

Tornado Hits Louisiana Town

A tornado slammed a southwestern Louisiana town, killing a young mother who was sheltering her child and injuring 11 other people. More than 100 homes were damaged, many of them destroyed, authorities said, and about 1,500 people were evacuated because …

NCR, Others Must Pay $700M for Wisconsin River Cleanup

A federal judge in Wisconsin has ordered NCR Corp. and Appleton Papers Inc. to pay an estimated $700 million to help clean a contaminated river. The judge ruled Atlanta-based NCR and the Appleton, Wis.-based paper company are responsible for cleaning …