Monthly Archives: <span>May 2012</span>

Top Insurer Pulls Cover for Exports to Greece

The world’s biggest trade credit insurer, Euler Hermes, has suspended cover for exporters shipping to Greece because of the mounting risk of them not being paid in the event the debt-laden nation is forced out of the euro. “Euler Hermes …

West Virginia DMV Explains Insurance Verification Program

The West Virginia Department of Motor Vehicles is taking steps to educate motorists about electronic verification of insurance coverage. The DMV says vehicle owners will soon begin receiving an informational insert when they get registration renewal papers in the mail. …

Wisconsin Man on Lawn Tractor Arrested for OWI

Authorities say a man who drove a lawn tractor on the sidewalk, street and into a Walgreen’s parking lot in Washington County is facing his fourth drunken driving charge. Jackson police say a preliminary breath test showed the 69-year-old man …

The Next New Thing: Coverage Issues from Fracking Claims

Every few years it seems that there are predictions a new type of claim that threatens to engulf carriers. In the 1980s and 1990s it was environmental clean up claims and SuperFund, followed shortly by asbestos, the fear of Y2K …

Savage Appointed Oregon Insurance Commissioner

Lou Savage, Oregon’s interim insurance commissioner for the past seven months, has been appointed to the position permanently. He replaces Teresa Miller, who left in November 2011 to accept a position with the federal government. Savage initially planned to return …

New Apartment Complex in Missouri Heavily Damaged

A fire that heavily damaged a new apartment complex in Columbia has left some students scrambling to find housing before the fall semester begins at the University of Missouri. The Brookside on College complex, which was set to open in …

Sprinkler Malfunction Floods Tennessee YMCA

YMCA officials in Knoxville, Tenn., say the downtown “Y” had to be closed after a fire sprinkler malfunction flooded it. WATE-TV reported water was six inches deep when the incident was discovered late Tuesday night. The malfunction occurred on the …

Investigation Solutions & American Claims Management Continue Crusade Against Insurance Fraud

San Diego, CA, 5/31/12 – Investigation Solutions, Inc., the special investigations subsidiary of American Claims Management, Inc., recently investigated a highly suspicious personal auto claim, which ultimately led to multiple arrests. The intense scrutiny to which the investigations company applies …

Virginia Family Settles Lawsuit in Jogger’s Death

The family of a Virginia attorney has settled a wrongful death lawsuit. The Roanoke Times reports the $1.25 million settlement involving the family of Thomas Farrell was approved this month in Roanoke County Circuit Court. The 49-year-old Farrell was jogging …

Central Indiana County Grandstand Likely Done by July

A central Indiana county says the show will go on this summer with a new fair grandstand after it demolished the old one because of safety concerns found during an inspection prompted by the deadly Indiana State Fair stage collapse. …