The NYSID announced the arrest of Joseph Patelunas, 32, of Elmira, New York, on charges of insurance fraud. He is accused of collecting no-fault benefits for a disability when in fact he was not disabled, and of falsifying business records …
A bill making its way through the Colorado House would limit the damages available for civil actions arising out of construction defects and should be enacted as quickly as possible, according to the Alliance of American Insurers. An amended version …
An elite group of independent insurance agencies from around the United States met in Atlanta recently to be honored by the Independent Insurance Agents & Brokers of America (IIABA) and Reagan Consulting, an Atlanta-based consulting firm. The agencies enjoy the …
IBA West recently outlined the major issues the successful candidate for California Insurance Commissioner will face in the coming years and outlined its goals for the future of insurance regulation in the state. IBA West General Counsel Steve Young explained …
Saying the company’s top priority is to its current customers, State Farm has put a moratorium on issuing homeowners’ policies in California until further notice. “We’ve been facing some real financial challenges with the homeowners company (State Farm General) in …
ACORD, the insurance industry standards organization, has become the latest industry group to appoint a representative to the OASIS Universal Business Language (UBL) Technical Committee. ACORD joins liaisons from a broad group of industry standards organizations in the subcommittee that …
The International Mass Marketing Association (IMMA) still is accepting registrations from agents, brokers and carrier representatives for its 2002 Annual Conference, to be held May 19-22 in Jacksonville, Fla. at the Hilton Riverfront Hotel. An excellent agenda has been finalized …
The Independent Insurance Agents & Brokers of America’s (IIABA) Crop Insurance Task Force met last week with new Risk Management Agency (RMA) Administrator Ross J. Davidson Jr. to discuss concerns with association-selling programs and other crop insurance issues. The meeting …
Property and casualty insurance holding company, Ohio Casualty Corporation, headquartered in Fairfield, Ohio, elected Philip G. Heasley, Ralph S. Michael III and Jan H. Suwinski to the corporation’s board of directors at the annual shareholders meeting. The new directors will …
Standard & Poor’s announced that it has a divided outlook for the French insurance market, “taking a negative view of its non-life sector and heralding a stable future for the country’s life market.” “The outlook for the non-life market, which …
