Monthly Archives: <span>October 2004</span>

Anchor Claims Management Expands Client Base

Carrollton, Texas-based Anchor Anchor Claims Management Inc., (ACM), an affiliate of the Combined Independent Agencies, announced that it is expanding its client base to include certified self-insurers, and self-funded school districts and municipalities. Anchor Claims provides third party administration (TPA) …

EEOC Gets $1.29 Million Jury Verdict Against DuPont for Disability Discrimination

In a major legal victory for the U.S. Equal Employment Opportunity Commission (EEOC), a jury in U.S. District Court for the Eastern District of Louisiana has awarded a former veteran employee of E.I. DuPont De Nemours & Co. (DuPont) $1.29 …

U.S. Seizes $10 Million Picasso Painting Stolen During World War II

A Pablo Picasso painting called “Femme en Blanc” was reportedly seized late last week in a Chicago residence by Agents from Los Angeles in accordance with a complaint for forfeiture filed on Oct. 6 in U.S. District Court for the …

St. Paul Travelers Looks to Bring Top Line in Commercial Up as it Unveils Q3 Report

The St. Paul Travelers Cos. Inc. (NYSE:STA) has reported net income of $340 million for the third quarter ended Sept. 30, 2004, or $0.51 per basic share and $0.50 per diluted share, compared to $426 million, or $0.98 per basic …

La. Mental Health Facility Owner Arrested in Fraud Scam

Louisiana Attorney General Charles Foti, Jr. announced that a joint investigation between the DOJ’s Medicaid Fraud Control Unit (MFCU) and the Department of Health and Hospitals (DHH) resulted in the arrest of two co-owners of the Crossroads Mental Health facility …

FEMA Makes Available $1 Million for Atrisco Fire

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced $1,004,934 in grant funding to the New Mexico Energy, Minerals & Natural Resources Department, Division of Forestry. The funds are to reimburse state and local firefighting agencies that …

S.C. Management to Pay U.S. to Resolve Civil Claims of Improper Medicaire Billings

SC Management Inc., has reportedly agreed to pay the United States $167,228 to resolve civil claims relating to false Medicare billings for services provided at Missouri’s Twin Rivers Regional Medical Center from Jan. 1, 1993, to Dec. 31, 1996, United …

Del. Transportation Provider Grounded for Fraud

Delaware Attorney General M. Jane Brady announced that Stephanie Showell, owner and operator of TIG Transportation was sentenced by Judge Richard Stokes in Superior Court recently, to a 3-year prison term which was suspended for one year of home confinement. …

Team Drywall Taken Into Custody on $290K Fraud Case

Four individuals from a Highland, California business called Team Drywall were taken into custody last week in a $290,466 workers’ compensation premium fraud case that was investigated by the California Department of Insurance Fraud Division (CDI). Co-owners Dave Snodgrass, 47, …

Mo. Heading for Lowest Comp Rate Increase Since 2000

Results from 2004’s first nine months indicate Missouri should post its lowest rate of premium increases for workers’ compensation insurance since 2000, according to Department of Insurance Director Scott Lakin. With 206 insurers filing rate changes for 2004, overall market …