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27
09, 2015
5 Veteran Missouri Insurance Regulators Appointed to New Roles
Missouri Department of Insurance Director John M. Huff has appointed five veteran regulators to new and expanded leadership roles. Angela Nelson, director of the Market Regulation Division, has been tasked with the additional responsibility of chief industry liaison where she …
28
09, 2015
Court Now Likely for Joint Employer, Franchise Company Liability Case
A sanitation company at the center of a major U.S. labor board ruling that could force companies like McDonald’s Corp. to negotiate directly with franchise and contract workers has refused to bargain with workers hired by a staffing agency. The …
27
09, 2015
Lafayette Residents May Still Appeal Flood Map Revisions
Residents of Louisiana’s Lafayette Parish have one final chance to appeal proposed FEMA flood maps. The Advocate reports it’s the first major revision in two decades for documents used to set home elevations and insurance rates in flood zones. The …
29
09, 2015
Hardy Pickering Promoted to Chief Financial Officer of Hamilton Re
Bermuda-based Hamilton Insurance Group, the holding company for insurance and reinsurance operations in Bermuda, the U.S. and at Lloyd’s, announced that Vanessa Hardy Pickering has been promoted to the position of chief financial officer of Hamilton Re. Hardy Pickering, who …
25
09, 2015
North Carolina Health Care Whistleblower Case Ends With $118.7M Settlement
The actions of three whistleblowers from Park Ridge Hospital in Hendersonville, North Carolina have yielded what an attorney says is the largest ever settlement in a health care whistleblower case involving physician referrals to hospitals. According to a settlement agreement …
27
09, 2015
Cardiologist in Ohio Convicted of Overbilling Insurers $7.2M
A federal court jury in Cleveland, Ohio, has convicted a cardiologist of ordering unnecessary medical tests, performing unnecessary procedures and submitting fraudulent bills totaling $7.2 million. Fifty-six-year-old Harold Persaud of Westlake was convicted of one count of health carefraud, 13 …
25
09, 2015
Louisiana P/C Commission: Worker’s Comp Market ‘Remains Competitive’
In its annual report to the Legislature for 2014-2015, the Louisiana Property & Casualty Insurance Commission noted that the workers’ compensation market in the state “remains competitive.” There were 246 insurance companies providing workers’ compensation insurance in Louisiana in 2014, …
28
09, 2015
Sommerrock Joins Geneva Ass’n. as Deputy Secretary Gen’l. – Insight Head
The Geneva Association announced the appointment of Dr. Fabian Sommerrock as Deputy Secretary General and Head of Insight. He joins the Association from Roland Berger Strategy Consultants where he was a principal at the Roland Berger Financial Services Competence Center …
25
09, 2015
Farmers Insurance Opens Its 1st Territory Office in Connecticut
Farmers Insurance, which began providing insurance and financial services to Connecticut consumers on Jan. 1, 2015, announced the opening of the company’s first territory office in the state. The new office, located in Danbury, Connecticut, opened its doors with a …
25
09, 2015
CoreLogic Adds Probabilistic Flood Model to Risk Management Program
CoreLogic, a residential property information, analytics and data-enabled services provider, has released an expanded version of its natural catastrophe risk management program, which features a probabilistic flood model to analyze the potential damage and financial impact at the property-level from …