Monthly Archives: <span>November 2002</span>

Helping Nonprofits through Difficult Times

This year nonprofit acquaintances often have asked me a question for which I have no answer. That is, “Why are commercial insurers non-renewing my nonprofit?” Our experience with nonprofits has been favorable, and it seems ludicrous to see other carriers …

5th Annual Bridge Week Draws Over 10,000 Hours of Service

The 5th Annual IICF Bridge Week wrapped up recently, followed by the Southern California luncheon featuring speaker Ken Venturi, a golf commentator, former PGA Tour professional, and humanitarian. The luncheon honored volunteers in Southern California who participated in this year’s …

Costa Mesa Janitor Charged with WC Fraud

Gary Yost, 41, was arrested at his residence in Costa Mesa, Calif., on Oct. 30, 2002, and was charged with nine felony counts of insurance fraud related to an alleged industrial injury Yost previously sustained. On May 5, 2000, Yost …

Trio Charged with Auto Fraud, Conspiracy

Investigators with the CDI Organized Auto Fraud Interdiction Task Force arrested a Rio Linda, Calif. woman, along with her former common-law husband and his brother-in-law on multiple charges of auto insurance fraud and conspiracy. On Oct. 28, 2002, Helena Marie …

Father & Son Plead Guilty to Grand Theft

A three-year investigation by the CDI Criminal Investigations Branch’s Fraud Division and Investigation Bureau led to the arrest of two Sacramento residents on one charge each of grand theft. Charles Edward Dunbar, 66, and his son Christopher Freeman Dunbar, 43, …

Man Submits Bogus Receipts for Hit & Run Accident

Joe Bink Wooten was arrested at his residence in Laguna Beach, Calif. and charged with three felony counts of insurance fraud. An investigation by the California Department of Insurance (CDI) Criminal Investigations Branch revealed that on Oct. 15, 2000, Wooten …

Time to Start Thinking About Outsourcing Payroll

With 2003 just around the corner, it’s not too early to make a new year’s resolution. This year, why not make a vow to eliminate your payroll pains? Whether you process payroll manually or use a service, the time is …

Public Entities: A Specialized Niche

Take the hard market, combine it with the Sept. 11 tragedy, and mix those two ingredients into an already intricate and compound underwriting process and you’ve got yourself the public entities marketplace. Ask any of the handful of carriers who …

Brother, Could You Spare Some Coverage’ Some Nonprofits Face Shrinking D&O, EPL

Since the book-cooking scandals that undid Enron, Worldcom and other concerns surfaced in recent months, insurers have ratcheted up their already growing scrutiny of corporate clients, resulting in higher premiums and lower limits for directors and officers (D&O) and professional …

Calif. Commissioner Reflects on the Past, Looks to the Future

Insurance Journal staff writer Cynthia Beisiegel recently caught up with California Insurance Commissioner Harry Low at the NAII Annual Meeting in Los Angeles. Commissioner Low shared his thoughts on the improvements he and the Department of Insurance have accomplished over …