Whistleblower cases and your E and O coverage- part 2

August 23, 2007

I have updated the 8/22/07 blog today to include information on the 2nd whistleblower RICO case, more info on the Scruggs whistleblower case, as well as to discuss adjusters need for E and O coverage. You can view that entire blog here:

https://dimechimes.wordpress.com/2007/08/22/special-prosecutors-file-criminal-contempt-charges-on-ea-renfroerigsby-whisteblower-case/

Here are two more articles to read with Scrugg’s attorney commenting and a WSJ update from yesterday on the case:

Here are the first comments I’ve seen published from an attorney representing Scruggs on this:

http://online.wsj.com/article/SB118780916398705534.html?mod=sphere_wd

Here is also the WSJ Law Blog entry from yesterday on the case:

http://blogs.wsj.com/law/2007/08/22/dickie-scruggs-charged-with-criminal-contempt/

See you tomorrow!

********

Well- nothing is simple on these cases. As soon as I thought I’d finished reporting on the whistleblower cases, the next item reviewed is this August 23rd blog alleging more allegations against carriers:

http://news.bbc.co.uk/1/hi/business/4251394.stm

This was linked to in this AM in the morning blog entry:

http://aminthemorning.blogspot.com/2007/08/insurers-being-sued-over-katrina.html

Here is a June news article  on the Hood  breach of contract suit and a NU news article from May in case you aren’t familiar with that action involving the Katrina cases:

http://sev.prnewswire.com/insurance/20070615/DCF01515062007-1.html

http://www.propertyandcasualtyinsurancenews.com/cms/nupc/Breaking%20News/2007/05/02-HOOD-dh

Here is an August 2007 Clarion news article about the carrier attempting to dismiss the suit:

http://www.clarionledger.com/apps/pbcs.dll/article?AID=/20070810/NEWS/708100370/1001/news

I hope all of you  are trying to objectively understand what is going on with these cases. Take the time to go directly to the carrier websites and look at their news and press releases for their “direct from the source” news releases. You’ll find  quite interesting information in what appears to be a war of the press releases by all parties involved but I prefer to think of it as the carriers trying to educate the public about many misconceptions found in the press. I’m glad to see them posting information from their perspective when years ago they remained silent on these issues on their websites.

Off to work now..no time to specially link those articles vs just posting them as is!

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