August 27, 2001
Investigators from the California Department of Insurance (CDI) Criminal Investigations Branch, Fraud Division, arrested a Sacramento woman on four felony counts of insurance fraud. Debra Rodriguez, 48, was arrested while attending a pre-trial hearing at the Workers’ Compensation Appeals Board …
August 27, 2001
Beginning in September, insurance companies will be required to provide coverage for most forms of birth control under a proposed rule a state regulator said is all but complete. According to a report in The News Tribune, some 200,000 women …
August 27, 2001
Standard & Poor’s assigned its ‘R’ financial strength rating to First Nevada Insurance Co. (FNIC). Standard & Poor’s took this rating action after learning that Judge Janet Berry of the Second Judicial District Court of the State of Nevada issued …
August 27, 2001
Argonaut Group, Inc. has completed the previously announced acquisition of Front Royal, Inc., an insurance holding company headquartered in Morrisville, N.C. for $165 million in cash. The acquisition of the Front Royal insurance companies will add to Argonaut Group’s growing …
August 27, 2001
INAMAR, the marine insurance products and services arm of the ACE Group of Companies, has announced the initial release of a new system, ORCA, Online Real-Time Communications Access. This Internet-based system will be available to appointed recreational marine specialist insurance …
August 27, 2001
Amerisure Insurance Company, one of the nation’s largest regional property and casualty insurance groups, has promoted Ralph V. Jones, Jr. to assistant vice president-Core Service Center, Indianapolis office. He previously held the position of Core Service Center Manager, Indianapolis office. …
August 27, 2001
Air France conducted a number of tests, including limited supersonic flight, of the refitted Concorde aircraft over the weekend in preparation for an application for the renewal of its airworthiness certificate, which could be made as soon as this week. …
August 27, 2001
The ongoing struggle between Finnish insurer Sampo PLC and the Norwegian government for control of Storebrand, Norway’s largest insurer, took a new turn on Friday when the country’s Banking, Insurance and Securities Commission (BISC) urged the government to block Sampo’s …
August 27, 2001
Bermuda’s rapidly developing offshore banking and insurance business is apparently causing problems for the island’s infrastructure which are serious enough to warrant a government study on how to limit future growth. According to a report by Reuters News Agency the …
August 27, 2001
Allstate New Jersey got one of its good hands slapped by an Administrative judge, who ruled that the company had unfairly forced Jennifer Bencivengo into an assigned risk plan following an accident which wasn’t her fault. According to a report …