Monthly Archives: <span>June 2006</span>

Ind. County Employees Learn Records Stolen in Computer Theft

The names, birthdates and Social Security numbers of about 1,200 Allen County government employees were on a computer stolen from an insurance company office, officials said. Several Allen County employees received letters Monday from California-based Medical Excess LLC, telling them …

Mich. Creates Pool to Reduce Premiums in Detroit, Flint

Four insurance companies have told state officials they want details on bidding to represent a pool of up to 200,000 good drivers and responsible homeowners in Flint and Detroit. The companies are among more than 65 the state contacted about …

Best Rates NZ’s Farmers’ Mutual

A.M. Best Co. has affirmed the financial strength rating (FSR) of “A-” (Excellent) and has assigned an issuer credit rating (ICR) of “a-” to New Zealand’s Farmers’ Mutual Insurance Association (FMIA) and its core subsidiary, Farmers’ Mutual Insurance Limited (FMIL). …

Mass. Man Pleads Guilty to Workers Comp Fraud Charges

A Sutton, Mass. man pleaded guilty to worker’s compensation fraud and larceny over $250 in Worcester Superior Court, according to Attorney General Tom Reilly. Hal Tyree, 51, of Sutton pleaded guilty to one charge each of workers’ compensation fraud and …

New Drug Makers’ Labeling Could Limit Product Liability

Beginning June 30, drug manufacturers will be required by the Food and Drug Administration to provide more concise and better organized patient information package insert sheets. Any drug approved within the last five years will have new requirements implemented gradually …

Congress Raises Penalties for Oil Spills on Waterways

The Delaware River and other waterways around the nation will be better protected from oil spills under legislation approved Tuesday by Congress, according to one of the measure’s co-sponsors. The Coast Guard and Maritime Transportation Act of 2006 establishes higher …

RTW Rehab Pays W.Va. Commission $40,000 Restitution, Fined $50,000

RTW Rehabilitation Services Inc. of Baltimore, Md. has pleaded guilty to one charge of mail fraud in federal court in Charleston, W.Va. and ordered to pay $40,000 in restitution to the West Virginia Offices of the Insurance Commissioner according to …

Donnellan Named N.Y. Deputy Superintendent

New York Superintendent of Insurance Howard Mills announced the appointment of Susan Donnellan as the New York State Insurance Department’s Deputy Superintendent and General Counsel. Donnellan had been the Department’s Deputy General Counsel since July 2000. She provided legal and …

States Lack Controls Over Workers’ Comp Drug Costs

Public policymakers are considering cost containment measures to bring the costs of prescription drugs used to treat injured workers more into line with similar costs in group health or government insurance programs, according to an analysis by the Workers Compensation …

La. Oil Spill Cleanup to Cost Millions; Citgo Seen Paying

The pricetag for cleaning up 47,000 barrels of waste oil spilled into a southwestern Louisiana waterway recently is likely to shoot upwards of $10 million and Citgo Petroleum Corp. will pay much of that bill, the state’s top oil spill …