Texas Man Convicted of Workers’ Compensation Fraud

A Travis County court sentenced Robert Rosette on workers’ compensation fraud-related charges, according to Texas Mutual Insurance Company

Rosette reported a job-related injury while working as a delivery driver and warehouseman for Affordable Rent-to-Own, LLC in Beaumont, Texas He claimed he was unable to work as a result of the injury, and Texas Mutual began paying income benefits to him

Meanwhile, Texas Mutual uncovered evidence that Rosette was working as a loss prevention officer for another employer while receiving income benefits

The court sentenced Rosette to two years’ deferred adjudication, and ordered him to pay $1,597 in restitution and complete 60 hours of community service

 

 

The Landlord Indemnity- Choosing the Cheapest Deal with High Quality

Having a nice coverage for your rental property along with the low cost contents insurance can offer you the peace of mind that you have always wanted. After all, it is very stressful if you are a landlord, especially when it looks like the things are not functioning properly or breaking again and again and you are trying your best to make everything right for the renters. And if you are worried regarding any type of damage to the property above all of that, it surely can be felt like it is not worthwhile after all being a landlord. Read more…

Find Out Why It Can Be Hard To Get Ahold Of Cheap Car Insurance For Young People

If youre considering buying a car to your young man or daughter, then you are most likely already in search of cheap auto insurance quotes too. In the event you might be questioning why its so troublesome to obtain cheap car insurance for young people, then the best and most candid answer is that insurance coverage organizations usually embrace individuals underneath 25 within the high-threat cluster. Moreover, if you are so inclined to check out the data concerning street problems each year, youll discover that another excuse why acquiring cheap car insurance for young people is so tricky: its because the majority of them are caused by teenagers.

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New China Life Approved for Shanghai IPO

New China Life Insurance, the country’s third largest life insurer by premium volume, received approval from the China Securities Regulatory Commission this week for its planned Shanghai initial public offering, kicking off the company’s Shanghai-Hong Kong dual listing that has targeted up to US$4 billion in fresh fundraising before the end of the year. This dual listing could be the first in a series of IPOs by prominent Mainland insurance companies, as firms seek out capital to boost margins and fund expansion plans in the world’s second largest economy.

In their IPO prospectus, New China Life have outlined how they plan to sell as many as 158.5 million shares in Shanghai (A-share offering) and up to 358.4 million in Hong Kong (H-share), with an option to expand it further by another 15 percent. Accor

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Thanksgiving Safe Driving Tips

The Thanksgiving weekend signals the start of the 2011 holiday season and a flood of drivers heading down the Interstate for a family turkey feast. While it’s not the busiest travel time of the year (5 to 10 days in summer get that honor), it can be one of the most dangerous. The National Safety Commission reports that there are nearly 400 automobile fatalities and thousands of injuries nationwide each year during the long Thanksgiving weekend. Distraction, alcohol, inclement weather, icy roads and heavy traffic all combine to create hazardous conditions. Keep your car insurance premiums low and avoid becoming a statistic with these Thanksgiving driving tips.

  • Plan your route and an alternate. E

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Marcellus Shale gas leads to widespread litigation, insurance claims

Lawsuits and legislation about natural gas harvesting in the Marcellus Shale region and nationwide is underway and expected to spread, eventually reaching the insurance industry.

About 40 civil suits have been filed in the U.S., alleging personal injury, nuisance and toxic torts involving land, air and water.

Thus far, the litigation produced a wide mix of claims by a range of plaintiffs, according to Ann Arbor, Mich-based ProQuest Information and Learning Co.

Some landowners who entered into leases with drilling companies are suing over the terms of the lease; some landowners who don’t own the oil or gas rights under their property are suing for nuisance; some are suing for physical injuries such as headaches, nosebleeds, nausea and open skin sores; and some claim diminution in the value of their property as a result of damaged water and air.

The Fracturing Responsibility and Awareness of Chemicals Act (S 587), introduced March 15 by Sen. R

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