Adjusters News

Illinois Releases Disciplinary Report for December 2009

Disciplinary orders issued by Illinois Director of Insurance Michael T. McRaith for December 2009 include fines and licensed denials, according to the Illinois Department of Insurance. Following are orders recently issued by the commissioner: Vincent B. Kent, Hoffman Estates – …

Texas Enforcement Actions in November Bring $31K in Fines

The Texas Department of Insurance enforcement actions became final during November 2009 include three license revocations and fines and restitution totaling $31,126. An order imposing disciplinary measures becomes final 20 days after the agent or insurance company has received notice …

Texas Court Allows $70M Judgment in Workers’ Comp Case to Stand

A Texas court in San Antonio has affirmed the jury award of $70 million plus interest in a workers’ compensation case brought against Discover Property & Casualty Insurance Company, a St. Paul Travelers Insurance subsidiary, and the claims adjuster JI …

Supreme Court Refuses Michigan Workers’ Comp Racketeering Suit

Workers’ compensation litigation arising out of Michigan and involving claims of federal racketeering violations is headed back to lower courts for trial after the U.S. Supreme Court declined to consider it. The U.S. 6th Circuit Court of Appeals had found …

Miami Condo Association Sues QBE Insurance Over Hurricane Claims

A Miami condominium association is suing its insurer, QBE Insurance Corp., and its Florida general managing agent, for more than $500 million in damages, claiming bad faith and deception in handling hurricane claims. Daniel S. Rosenbaum, the managing partner of …

Two Arrested, Another Wanted in Katrina Scam

Two California men have been arrested and a third man is wanted on charges they conspired to steal more than $300,000 in insurance proceeds from victims of Hurricane Katrina. The Louisiana State Police said the three men misrepresented themselves as …

Colorado Considers Laws for Pinnacol

Colorado lawmakers proposed bills Friday to require better oversight for the state’s workers’ compensation insurer, saying they can’t ignore problems uncovered during weeks of hearings this summer. The proposals included revamping Pinnacol Assurance’s board for better oversight, increasing transparency and …

Colorado Officials Defend Pinnacol Actions

Executives from Colorado’s state-chartered workers’ compensation insurance company defended themselves against accusations of lavish spending and excess profits on Friday and they told lawmakers it would be counterproductive for them to mistreat injured workers to increase profits. Pinnacol CEO Ken …

Insurance Adjusters Check Out Riot Damage At Kentucky Prison

Investigators joined by insurance adjusters have started going through what’s left of a Kentucky prison after a fiery riot hospitalized eight inmates and forced another 700 to be relocated. Kentucky Justice and Public Safety Cabinet spokeswoman Jennifer Brislin said Sunday …

Three Californians Arrested on Insurance Fraud, Embezzlement

Melody Ann Mosqueda of Valley Springs, Calif., her former husband, Anthony Charles Mosqueda of Stockton, Calif., and their daughter, Rachel Lee Anthony-Mosqueda of Elk Grove, Calif., have been arrested as the result of an investigation conducted by the California Department …