Agent employees of Prudential Financial have narrowly rejected a proposal from the Professional Employees Union to represent them. When the ballots were counted at the Newark, NJ office of the National Labor Relations Board on Monday, a majority rejected the …
W. R. Berkley Corp. reported that its first quarter operating earnings,”excluding realized investment gains and results from discontinued businesses,” reached $31 million, or 90 cents per share, up from $10 million, or 36 cents per share, a year ago. By …
The CDI announced the arrest of John Martin by the Philadelphia Police Department Felony Warrant Detail. The arrest warrant was issued in Orange Superior County Superior Court in response to two felony charges filed by the Orange County District Attorney’s …
Stanislav Svinarenko was booked into the Sacramento County Jail with bail set at $5,000 after being arrested on one count of insurance fraud. The Fair Oaks resident faces up to five years in state prison, with a possible maximum fine …
The California Department of Insurance (CDI) Fraud Division arrested Antioch resident Rudolfo Villasenor, 28, for felony insurance fraud and possession of dangerous drugs/narcotics, along with Ruben Rodriguez, Jr., 25, of Oakley for felony insurance fraud and possession of a stolen …
Seven of Hawaii’s largest auto insurance companies who have been under investigation for allegedly using prohibited criteria to determine premiums, have agreed to pay fines totaling $115,500. The seven companies—AIG Hawaii, Allstate Group, RLI, Maryland Casualty Company (Zurich), Hartford, State …
A California insurance committee has approved legislation that would indefinitely extend the state’s experimental low cost auto insurance program and could drive up the number of underinsured motorists, according to the National Association of Independent Insurers. “No justification exists to …
The American Insurance Association (AIA), American International Companies and Liberty Mutual Insurance Company have filed an appeal with the California Board of Equalization (BOE), the state’s highest tax policy entity, challenging recent efforts by the California Department of Insurance (Department) …
The California Department of Insurance (CDI) applied for and was granted a Conservation Order April 11 in Fresno County Superior Court for Alistar Insurance Company. The CDI has been working with the company in the past weeks reviewing a rehabilitation …
Senior members of the nation’s insurance industry will meet in San Francisco Friday, May 3, to celebrate the Insurance Industry Charitable Fund (IICF), its annual campaign to distribute more than $1 million to a variety of charitable causes, to name …
