New York Superintendent of Insurance Gregory Serio announced the arrest of Edwin and Doreen Smith of Webster, N.Y. on charges of insurance fraud and attempted grand larceny. The couple allegedly submitted a fraudulent insurance claim after their home was burgled. …
Florida-based eAutoclaims, Inc., a company that provides the insurance industry with online claims management solutions through both an Application Service Provider (ASP) and outsourcing solutions services; and Cybersettle, Inc., the international online claim settlement company have formed a strategic alliance …
Farmers Insurance Company has directed its agents to discontinue selling new homeowners policies in Texas beginning Oct. 31. The company will also stop offering replacement policies, existing policies that are not renewed during the renewal period. The company took the …
As FBI agents attempted to arrest him at a Fort Worth motel, a Tarrant County insurance agent who in May admitted guilt in federal fraud charges killed himself. According to the Fort Worth Star-Telegram, authorities would not say how the …
The St. Paul Companies have filed a registration statement with the SEC to sell up to $1 billion worth of debt and equity securities. The new offering comes on the heels of some $683 million in previously registered securities which …
The law firm of Pomerantz Haudek Block Grossman & Gross LLP, which has offices in New York and Chicago, and the Pennsylvania-based law firm of Marc S. Henzel both announced that they have filed legal actions in U.S. District Court …
The Ford Motor Company announced that it will begin providing quotations for automobile coverage in cooperation with local insurance agents. The service, which will enable car owners to receive and compare up to three different estimates at no charge, begins …
The California Legislature is considering a package of three measures that will improve the delivery of workers’ compensation benefits in the state, according to the American Insurance Association (AIA). One measure is pending in the Assembly and two bills now …
California-based Fireman’s Fund Insurance Company has won the endorsement of the Woodworkers Institute of California (WIC), an association of cabinetmakers and professional woodworkers, primarily because of a new customized internet-based CD-ROM insurance service for the WIC members that simplifies their …
California-based Risk Management Solutions (RMS) has expanded its catastrophe modeling capabilities to include windstorm risk in Ireland and Sweden, and earthquake risk in Turkey and the Philippines. The expansion brings the total number of territories in the RMS suite of …
