Friday, November 12, 2010

Daily Headlines: Friday, November 12, 2010

Claims Journal Daily Headlines
November 12, 2010
News By Region  National  International  East  Midwest  Southeast  South Central  West

Today's Headlines

National

Lawsuits Against Banks Over Mortgage Practices Piling Up

Lawsuits against banks over their mortgage lending and foreclosure practices continue to pile up, with JPMorgan, PNC Financial Services and...

Public Workers Require More Days Off Due to Injuries Than Private Workers

Local and state government workers have much higher rates of injuries and illnesses requiring days away from work than workers in private...

Hearings Planned on Black Lung Rule Change

Federal regulators say they're planning six public hearings on proposed stricter limits on coal dust exposure in the nation's mines. The...

Ex-Kmart CEO Settles SEC Fraud Case for $5.5 Million

Charles Conaway, a former chief executive of Kmart Corp., agreed to pay $5.5 million to end a U.S. Securities and Exchange Commission...

Ratings Recap: Valiant, General Automobile Permanent General

A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A-' (Excellent) and issuer credit rating (ICR) of "a-" of Valiant...
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East

Connecticut Firm Must Defend Firing Employee Over Facebook Comments

Federal labor officials have taken aim at a Connecticut ambulance company they allege fired a union employee who posted negative comments...

Maine Investigators Say Biddeford Fire Was Arson

Maine investigators say a fire that destroyed a four-story Biddeford apartment building was arson. No one was hurt in the fire, which was...

Pennsylvania City Settles Music Festival Police Suit

Two Pennsylvania men will receive $850,000 to settle a 10-year-old federal lawsuit against police stemming from a fight during a music...
Midwest

Illinois Faces Physician Shortage Due to Malpractice Liability, Study Warns

Half of all graduating medical residents or fellows trained in Illinois leave the state to practice medicine elsewhere, in large part due to...

OSHA Cites Harbison-Walker Refractories in Missouri for Hazards

The U.S. Department of Labor's Occupational Safety and Health Administration has issued Harbison-Walker Refractories Co. of Vandalia, Mo.,...

Illinois Disciplinary Actions Include License Denials, Suspensions, Fines

Illinois Department of Insurance Director of Insurance Michael T. McRaith has issued the following disciplinary orders for September and...
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Southeast

Report Confirms Florida Sinkhole Insurance Woes are Deep, Spreading

A new state report confirms sinkhole insurance claims are rising in Florida, costing insurers millions of dollars in payouts and expenses,...

Mississippi Football Player's Pink Cleats Lead to Lawsuit

Attorneys for a Mississippi high school football player have sued the player's school district claiming the athlete was kicked off the team...
Texas / South Central

Texas Work Comp October Enforcement Actions Include Hefty Fines

Final disciplinary actions taken by the Texas Department of Insurance, Division of Workers' Compensation (TDI-DWC) in October include fines...

Outgoing Oklahoma AG: No Quick Resolution to Poultry Pollution Case

If Oklahoma's new attorney general or governor decide to drop a lawsuit accusing poultry companies of pollution, the outgoing attorney...

America First Insurance Honored for Work Comp Performance in Arkansas

America First Insurance, a Liberty Mutual Agency Corporation regional company, announced it was recently recognized by the Arkansas Workers'...
West

$12 Million Recovered for Colorado Insurance Consumers, State Claims

Colorado insurance regulators fielded more than 25,500 inquiries from consumers in the past year, resulting in a total of nearly 5,000...

California City Settles Sexual Harassment Claim Against Cop

The city of Concord, Calif. has agreed to pay $750,000 to settle a sexual harassment lawsuit filed by a former police officer. The City...

Calif. Supreme Court Declines to Take Up Controversial Workers' Comp Case

The California Supreme Court has declined to review the decision in Milpitas Unified School District v. WCAB (Guzman), a case that is being...
International

Crawford Italy in Potential Acquisition Discussions with Studio Bolton

Mark Harman, CEO of Crawford & Company for Continental Europe, Middle East & Africa, and Paul Ogni, Country Manager of Crawford...

Best Assigns Aioi Insurance Company (China) 'A-' Rating; Outlook Stable

A.M. Best Co. has assigned a financial strength rating of 'A-' (Excellent) and an issuer credit rating of "a-" to Aioi Insurance Company...

Best Affirms Ratings of Lloyd's Syndicate 609 (Atrium); Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the Best's Syndicate Rating of 'A' (Excellent) and issuer credit rating of...

Ratings: Global Indemnity/Wind River Re, Connaught, Tugu Triple-S Propiedad, Arab Re

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of 'B+' (Good) and the issuer credit...

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