Gary Atnip, an accountant who allegedly helped former financier Martin Frankel skim $200 million from insurance companies in five states, pleaded guilty in federal court to charges of money laundering and conspiracy. According to the Associated Press, Atnip served as …
Oklahoma Insurance Commissioner Carroll Fisher suspended the license of Ponca City insurance agent Mark Jordan, who is accused of several violations of the Oklahoma Insurance Code over a number of years. Under the order, Jordan will be prohibited from conducting …
Millennium Insurance Agency Inc., headquartered in Houston, won a $10.7 million judgment against three former employees who had allegedly conspired to, among other things, convert and misappropriate confidential information from the company. According to Millennium, the 127th District Court in …
21st Century Holding Company, a vertically integrated financial services holding company headquartered in Plantation, Fla, announced today that AM Best reaffirmed ratings for Federated National Insurance Company (rated “B” ) and American Vehicle Insurance Company (rated “B+”) and revised their …
C. Roy Bridges, regional executive vice president of Florida-based Brown & Brown Inc. , and W. Brent LaGere, chairman and CEO of LaGere & Walkingstick Insurance Agency Inc., of Chandler, Okla., announced that LaGere & Walkingstick has been acquired by …
Thirty-five states have adopted an approved Insurance Services Office (ISO) mold limitation for homeowners coverage, which allows insurers to exclude coverage for loss caused by mold and wet or dry rot, unless the conditions result from a covered peril. According …
New Jersey Insurance Commissioner Holly Bakke has ordered an investigation into the refusal of auto insurers to sell the state’s Basic Policy, a low-cost plan mandated by law since 1998. The Commissioner’s action, contained in a series of Orders to …
Community Banks Inc. of Harrisburg, Pa. announced an agreement to acquire Shultz Insurance Agency Inc., based in Hanover. Subject to regulatory approvals, the transaction is expected to close in the first quarter of 2003. Founded in 1933, Shultz Insurance Agency …
Irvine, Calif.-based Superior Access Internet Software Inc. (SAIS), a professional services company with expertise in insurance specific Internet software development, Web services and XML data translation, unveils its new Web site at www.sais.com. SAIS’s new design reflects the company’s desire …
The Clark County Grand Jury has indicted the nine remaining defendants in the Guy Mitchell Sheets fraud case (See IJ West Web News, Dec. 19): Terri Denise Bragg, Rodney Bernard Winters, Basheba Peoples, Cedric Peoples, Exie May Flowers, Chalandos Renea …
