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Insurer Won’t Pay $24.5M Verdict

June 6, 2015

Another volley has been lobbed in the back-and-forth legal drama over who will pay the $24.5 million that jurors awarded a now-defunct Missoula logging company that sued First Interstate Bank. Last August, a jury ruled against First Interstate and awarded Kelly Logging Inc. a nearly $17 million verdict, including over $16.7 million in punitive damages for…

New State Insurance Boss Wants More Business

June 6, 2015

June 06– Allen Kerr, the new Arkansas Insurance Department commissioner, wants to make it easier for insurance companies to do business in the state while maintaining consumer protection. He spoke to the the National Association of Insurance and Financial Advisors– Western Arkansas in Fort Smith on Thursday. Arkansas is the last state in the union to still…

Bellingham port environmental director retires after 20 years

June 6, 2015

June 06– BELLINGHAM– When Mike Stoner first toured the Port of Bellingham's properties 20 years ago, he started to make a mental list of contaminated sites that needed work. Before that, he'd been working with the Environmental Protection Agency on Superfund hazardous waste cleanup sites such as Commencement Bay in Tacoma. “I'm glad the Whatcom Waterway is here,…

North S.L. approves landslide remediation

June 6, 2015

North Salt Lake and Eaglepointe Development each agreed to pay $625,000, Questar Gas will pay $375,000, and Kern River Gas Transmission Co. will pay $312,500. “It's a big problem, and there's a lot of money at stake,” North Salt Lake Mayor Len Arave said, adding that approving to move ahead on the project while various lawsuits are pending fixes the hillside without…

Medicare: Does this look like fraud to you?

June 6, 2015

June 06– Robert Browning was bedridden and battling leg wounds last winter when Medicare abruptly denied his insurance claims that paid for the ambulance service from his Toms River home to Community Medical Center for weekly treatment. “We're paying for it now,” Kathie Browning said. The Centers for Medicare and Medicaid Services is now seven months into a…

Balt. Co. businessman Jeffrey Cohen pleads guilty to fraud charges

June 6, 2015

June 06– A Reisterstown nightclub insurer who was defending himself in a trial this past week against allegations that he defrauded millions of dollars out of his clients to support a lavish lifestyle pleaded guilty to charges late Friday. According to the U.S. Attorney's Office, Jeffrey Brian Cohen, 39, pleaded guilty to wire fraud, aggravated identity theft,…

EDITORIAL: The 179,000 Virginians without insurance

June 6, 2015

June 06– The lost opportunity in Virginia Republicans' opposition to expanding Medicaid eligibility grows every day. This week, the White House Council of Economic Advisers released a report projecting 179,000 Virginians would have health insurance coverage next year if Virginia lawmakers expanded Medicaid eligibility, as the federal Affordable Care…

BRIEF: Accident Woman crashes car into animal hospital

June 6, 2015

June 05– MOSES LAKE– A Moses Lake woman reportedly caused a vehicle to crash into an animal hospital in Moses Lake Tuesday morning and fled the scene. About 11:05 a.m. Nicole M. Haggerty, 32, of Moses Lake, was driving a Honda Accord north in the 3700 block of East Wheeler Road, according to police records. She was transported to Samaritan Hospital in Moses Lake for…

South Florida signs up nearly all eligible consumers in Obamacare

June 5, 2015

A report released last week by the Kaiser Family Foundation estimated each ZIP code's eligible population of consumers who could sign up for coverage and compared it to those who did enroll for 2015. In the nation's top 10 ZIP codes– all in South Florida– the report found that nearly the entire eligible pool signed up for health insurance. “Florida was already…

Kentucky Health Cooperative Announces Resignation Of Janie Miller As Its Chief Executive Officer

June 5, 2015

“I have enjoyed working with the Kentucky Office of Health Benefits Exchange, the Centers for Medicare and Medicaid Services, my Board of Directors, my staff, and with countless others,” Miller said. Glenn Jennings, a former Commissioner of the Kentucky Department of Insurance, has agreed to fill the CEO position on an interim basis. Joseph E. Smith, president of the…

Taylor recalls heroism, villainy after Katrina

June 5, 2015

June 05– BILOXI– Gene Taylor's voice cracked Friday as he spoke to a crowd at the Ohr-O'Keefe Museum of Art about the heroes and a villain he encountered in the chaotic days after Hurricane Katrina, when he helped lead recovery as a resident of Hancock County and a U.S. congressman. Taylor, who spoke at the weekly Katrina Cafe 10th anniversary series, recalled the…

After the storm Weather 'devastates' Lake Texoma businesses and organizations

June 5, 2015

“At least over 50 percent of the Refuge is under water,” Hagerman National Wildlife Refuge Manager Rick Cantu said. It's the same case for other Lake Texoma marinas. Although half the cabins are under water at Lighthouse Marina and Resort, Reservation Specialist Beth Hutchinson said the business is trying to make the best out of a bad situation.

Belleview participating in flood insurance program

June 5, 2015

June 04– BELLEVIEW– When Jeremy DiFiore moved into his one-story home on SE 109th Street last August, he knew that amongst all the financial obligations would be one additional charge. He said his wife began doing some research and they found a policy through Occidental Insurance Company that will cost about $700 annually over their 15- year mortgage.

Greenwood-Area Woman Charged with Two Counts of Health Care Fraud

June 5, 2015

U.S. Attorney's Office June 5, 2015. Southern District of Indiana 226-6333. INDIANAPOLIS– United States Attorney Josh J. Minkler announced today federal charges against a woman who allegedly defrauded two insurance companies of over $500,000 for services that were supposed to be administered to her child.

Bermuda Court Rules in Favor of PartnerRe in EXOR Litigation

June 5, 2015

PEMBROKE, Bermuda—- PartnerRe Ltd. today commented on a ruling issued by the Supreme Court of Bermuda denying EXOR’ s request for PartnerRe to disclose certain non-public information related to PartnerRe’ s shareholder base, particularly its non-objecting beneficial owners:. PartnerRe Ltd. is a leading global reinsurer, providing multi-line reinsurance to…

CNA Provides Five Steps To Strengthen Cyber Risk Management Strategy

June 5, 2015

–Regardless of a company's size or industry, adequate controls are needed to minimize the risks to sensitive data exposure. CNA today released Everyone Is a Potential Target for a Cyber Attack: 5 Critical Steps to Protecting Sensitive Data, a blog post by CNA's David Hallstrom, director of Information Risk Insurance. “For every cyber security breach reported in…

Critics fear Trillium sale to Centene Corp. will hurt Lane County patients on Oregon Health Plan

June 5, 2015

June 05– Running the taxpayer-funded Oregon Health Plan in Lane County has become highly profitable for a private doctor-owned Eugene company, and critics worry that the Fortune 500 corporation that wants to buy the Eugene firm will squeeze out even more profits at the expense of tens of thousands of OHP clients, newly released documents show.

Online USA Doctors Announce New Comprehensive Healthcare Plans Starting at $49.99

June 5, 2015

Los Angeles, CA—- 06/05/2015– With the cost of health insurance constantly on the rise, Online USA Doctors announced new comprehensive healthcare plans available for those looking to connect with online doctors for less expensive treatment alternatives. Now, Online USA Doctors offers new comprehensive healthcare plans for an individual beginning at $49.99.

Wilmington Trust Adds Two Senior Wealth Professionals to Boston Office

June 5, 2015

Wilmington Trust added a new senior private client advisor and senior private banker to the staff of their Boston Wealth Advisory office. “Julie and Salma are terrific additions for our Boston team, as each brings years of extensive experience serving the financial needs of high-net-worth individuals,” said Will Parizeau, market leader for Wilmington Trust…

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