Two Sacramento county area residents, Julie Ann Gonzales, 30, and Umberto Rene Gonzales, 32, were arrested on multiple felony counts of insurance fraud as the result of an investigation by the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud …
It was a beautiful fall morning. I had been running late, and then had gotten lost in the rolling hills of Northern New Jersey on the way to a meeting, but the cool breeze brushed away my concerns. The meeting …
Fitch Ratings affirmed “BBB-” insurer financial strength ratings of Vesta Insurance Group’s insurance subsidiaries. A “BBB-” rating was assigned to Florida Select Insurance Company (Florida Select), and Vesta’s “BB-” senior debt rating and the “B+” capital securities rating of Vesta …
A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) of the insurance subsidiaries of OneBeacon Insurance Group, Boston. A.M. Best also affirmed the indicative shelf registration ratings for Fund American Companies Inc. These affirmations follow the completion …
A.M. Best Co. has assigned a financial strength rating of “A+” (Superior) to the re-established Gulf Insurance Group (New York), and removed from under review the rating of six companies, which were previously part of the Travelers Property/ Casualty Pool. …
A.M. Best Co. placed the financial strength ratings (FSR) of the insurance subsidiaries operating within Combined Specialty Group Inc. (CSG) under review with negative implications. The rating action follows Aon Corporation’s second quarter earnings announcement in which Aon announced it …
A new study released by National Marketing Services finds that executives of major reinsurers and carriers believe terrorism, pricing and capacity are the major challenges currently facing the industry. The new study, Insurance Industry Outlook 2002, is based on telephone …
In anticipation of a dramatically revamped roster of state insurance regulators, governors and legislators in 2003, the National Association of Mutual Insurance Companies (NAMIC) has launched a new Web site to keep insurance professionals abreast of developments in the upcoming …
Modifications to a final medical privacy rule issued by the U.S. Department of Health and Human Services (HHS) stopped short of resolving concerns that workers’ compensation carriers and employers have with the rule’s potential impact on the workers’ comp system, …
The International Association of Special Investigation Units (IASIU) will host the 17th Annual Insurance Fraud Training Conference Sept. 8-12 in Albuquerque, New Mexico. The event will feature 34 workshops covering anti-fraud topics such as the latest investigative techniques, investigating complex …
