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Updated: 48 weeks 2 days ago

Pennsylvania Councilman to Resign Amid Insurance Fraud Charges Following 2014 Crash

Fri, 08/19/2016 - 8:33am
A city councilman is resigning following charges he filed a false accident report and repeatedly changed his explanation for what happened. Lebanon, Penn., councilman Tony Matula, 59, faces charges including insurance fraud, false reports to law enforcement and hit and …

Judge Nixes $100M Driver Settlement But Uber May Win in End

Fri, 08/19/2016 - 7:19am
Uber Technologies Inc. may come out ahead by failing to win court approval of a $100 million settlement with drivers. A San Francisco federal judge rejected the agreement on Thursday, a turn of events that would typically encourage the ride-hailing …

Suit Alleges Valeant Ran Secret Prescription Refill Scam

Fri, 08/19/2016 - 5:48am
Valeant Pharmaceuticals International Inc. refilled patients’ prescriptions without their permission and steered them to more expensive drugs in order to boost sales and profits, according to a lawsuit that sheds new light on the drug company’s secret operations. T. Rowe …

‘Kissing Up’ to the Boss Has Unintended Consequences

Fri, 08/19/2016 - 5:32am
Kissing up to your boss doesn’t just impact your relationship with your supervisor, it can influence your co-workers, as well. In a new study in The Journal of Applied Psychology, University of Florida researcher Trevor Foulk and David Long from …

Uber Moves Into Self-Driving Truck Lane with Otto Acquisition

Fri, 08/19/2016 - 5:27am
Ride service Uber Technologies Inc. said on Thursday it has acquired the self-driving trucks startup Otto, and it also announced that Volvo Car Group has agreed to a $300 million alliance to develop self-driving cars. Anthony Levandowski, one of Otto’s …

Some Sage Customers Open to Data Breaches Because of Their Own Lax Security

Fri, 08/19/2016 - 4:03am
Sage Group, already hit by an insider data breach this week, then found itself racing to shut down security lapses by more than 20 customers after a U.S. researcher uncovered stores of their corporate data exposed online. The British financial …

Towergate Forms £30M, 5-Year Partnership with Yacht Specialist N&G (Zurich Unit)

Fri, 08/19/2016 - 3:40am
Towergate and Navigators & General (N&G), a part of the Zurich Group, have signed a strategic partnership under which N&G will provide capacity and expertise for Towergate Marine products. Towergate Marine provides insurance for around 25,000 pleasure crafts including super …

American Integrity Insurance Launches Umbrella Coverage for Florida Homeowners

Fri, 08/19/2016 - 1:15am
Tampa-based American Integrity Insurance Co., a Florida property insurance company, has launched a new umbrella policy for Florida consumers and property insurance policyholders. The new coverage offers up to $5 million in protection. Umbrella coverage is designed to help protect …

Alabama Volunteer Firefighter Charged With Arson

Fri, 08/19/2016 - 1:05am
A central Alabama firefighter is charged with setting a fire in an Elmore County community that’s been plagued by a string of suspicious blazes. WSFA-TV reports that 28-year-old Chad Ellis of Deatsville was arrested Tuesday by the State Fire Marshal’s …

New Jersey Manufacturer Faces $56K in Fines for 10 Workplace Safety Violations

Fri, 08/19/2016 - 1:00am
National Manufacturing Co. Inc. of Chatham, N.J., was cited in July by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) for 10 workplace safety violations, amounting to $56,000 in fines. “National Manufacturing Co. put workers in harm’s …

Massachusetts-Based PMC Insurance Hires Keenan

Fri, 08/19/2016 - 1:00am
PMC Insurance Group, a Bedford, Mass., based workers’ compensation specialty wholesaler and program manager, has hired Ed Keenan as vice president of business development. In his new role, Keenan will be responsible for managing underwriting, production and distribution in PMC’s greater metro …

South Carolina ‘Irish Traveler’ Community Indicted on Insurance Fraud Charges

Fri, 08/19/2016 - 12:36am
A federal grand jury has indicted 22 people from a so-called Irish traveler community in western South Carolina for racketeering, alleging various violations ranging from food-stamp and tax fraud to money laundering and insurance fraud. Acting South Carolina U.S. Attorney …

Illinois Contractor, in Default of $268K in Fines, Cited Again for Safety Hazards

Thu, 08/18/2016 - 11:50am
Illinois contractor Robert Barringer III’s long history of putting his workers in danger of debilitating or fatal falls at his company’s job sites continues, this time at a residential home under construction in Glen Carbon, according to federal safety officials. …

Louisiana Reminds Insurers of Flooded Vehicle Requirements

Thu, 08/18/2016 - 11:43am
The Louisiana Department of Insurance has issued a reminder to insurance companies regarding the Certificate of Destruction title requirements for flooded vehicles. The department issued the bulletin following the federal declaration of disaster due to the recent massive flooding in Southeast …

Monstrous Southern California Wildfire Displaces More than 80,000

Thu, 08/18/2016 - 11:31am
It tore through canyons and flew over ridges in every direction with astonishing speed, sending flames 80 feet skyward and forcing tens of thousands to flee their homes. The Southern California wildfire that began as a small midmorning patch of …

Tyson Foods Fined $236K for Serious Safety Violations at Texas Plant

Thu, 08/18/2016 - 11:25am
Arkansas-based Tyson Foods Inc. is facing more than $236,000 in penalties after an investigation by federal safety inspectors found the nation’s largest meat and poultry processor endangered workers by exposing them to amputation hazards, high levels of carbon dioxide and …

Aspen U.S. Insurance Opens Office in Dallas

Thu, 08/18/2016 - 11:16am
Aspen U.S. Insurance, part of the insurance segment of Aspen Insurance Holdings Limited has opened an office in Dallas, Texas. The new Dallas office will serve as a hub to offer products and services to regional customers and brokers. Initially …

Former Oklahoma Insurance Agent Sentenced to Federal Prison

Thu, 08/18/2016 - 11:13am
A former Oklahoma insurance agent has been sentenced to 27 months in federal prison for fraud, the Oklahoma Insurance Department announced. Gary Edward Hibbing, 53, was sentenced after pleading guilty to two counts of wire fraud and two counts of …

Workers’ Comp Rate Reduction Proposed in Iowa

Thu, 08/18/2016 - 11:08am
The Iowa Insurance Division reports that a proposed workers’ compensation rate filing would lower rates by 4.7 percent next year. The National Council on Compensation Insurance Inc. has made a rate filing that proposes an overall decrease in voluntary and …

Safety Officials: Higher Speeds Causing More Traffic Fatalities in Illinois

Thu, 08/18/2016 - 11:04am
Safety and insurance industry experts say Illinois traffic fatalities are expected to pass 1,000 this year for the first time since 2008 because of higher speeds, more miles driven and an increase in the number of younger drivers on the …

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