A “BBBpi” financial strength rating was assigned to First Insurance Co. of Hawaii Ltd. by S&P. Based in Honolulu, the company markets insurance products, including auto, liability coverage, workers’ comp and homeowners, throughout the Hawaiian Islands for both the commercial …
The “A+” counterparty credit and financial strength ratings on Legion Insurance Co., Legion Indemnity Co. and Villanova Insurance Co. were reaffirmed by Standard & Poor’s (S&P). The companies are core subsidiaries of Mutual Risk Management Ltd. (MRM). S&P concurrently downgraded …
Paul C. Caldwell of Marina Del Rey was arraigned on 14 felony counts of insurance fraud. The 48-year-old man allegedly made false statements on a workers’ comp claim. According to CDI fraud investigators, on Feb. 28, 1996, while Caldwell was …
Tina Marie Gains of Elk Grove was arrested and charged with five felony counts of insurance fraud and one felony count of unemployment benefits fraud. The 42-year-old woman allegedly made false statements in order to obtain workers’ comp and unemployment …
Rickki Chantelle Saulsby of Citrus Heights was arrested and booked into Sacramento County Jail on two felony counts of insurance fraud. According to CDI fraud investigators, Saulsby submitted a claim to 21st Century Casualty Insurance Company for theft of her …
Following a three-month investigation, Cecil Nuncio Gloria of Stockton surrendered to authorities at the San Joaquin County Courthouse and pled guilty to one misdemeanor count of insurance fraud. According to investigators, the 24-year-old man filed a claim with 21st Century …
Following a joint investigation by the CDI Fraud Division and the California Department of Justice, Jessica Rodriquez of Sacramento was arrested and is being charged with three counts of insurance fraud, two counts of false claims to a Public Board …
For those of you who keep archives of IJ, you’ll notice that almost one year ago (to the day of writing, actually) I wrote a column talking about viruses and worms. Creepy, isn’t it. At the time, I was talking …
On May 19, the European Union and China announced that they had reached a compromise on the terms of a trade agreement that would lead to China’s entry into the World Trade Organization (WTO). At issue was EU demands for …
A new earthquake bill would invite an avalanche of claims, according to the National Association of Independent Insurers (NAII). Senate Bill 1899 lifts the statute of limitations that would otherwise bar plaintiffs from filing claims resulting from the 1994 Northridge …
