May 9, 2003
A 16-member auto insurance fraud ring operating in the Detroit metro area has been busted, according to Michigan’s attorney general, Michael Cox. An investigation conducted by the National Insurance Crime Bureau uncovered the scheme in which individuals allegedly would buy …
May 9, 2003
A former detective in the Hialeah Police Department was arrested on charges that he filed several fictitious accident reports to create “patients” for a friends’ medical clinic, according to the Florida Department of Financial Services. Anthony Meyer, 31, was booked …
May 9, 2003
Insurance-fraud-investigation firm Omega Insurance Services of St. Petersburg, Fla., announced the addition of Michael O. Sullivan as chief financial officer. A lifelong financial professional and a CPA, Sullivan comes to Omega from UTEK Corp., where he was CFO. His experience …
May 9, 2003
Dallas-based Hallmark Financial Services Inc. reported operating results for the first quarter ended March 31, 2003, noting its net income rose to $8.6 million, or $0.75 on a diluted per share basis, compared to a net loss of $1.5 million, …
May 9, 2003
Travelers Property Casualty (www.travelers.com) and DORIS Insurance Systems LLC, an agency management system provider, announced new real-time e-service capabilities for loss runs, electronic policy view, and billing inquiry. The new e-service capabilities are accessed directly from an agency’s DORIS agency …
May 9, 2003
San Antonio-based Argonaut Group, Inc. announced financial results for the three months ended March 31. First quarter highlights: *The company’s Excess & Surplus Lines (E&S) segment reported a 107 percent increase in gross written premium and 172 percent increase in …
May 9, 2003
CalSurance (www.calsurance.com), a national insurance sales, service and support organization, announced that the exclusive partnership it established last year with Arch Insurance Group to offer professional liability insurance for real estate brokers will now be open on a wholesale basis …
May 9, 2003
Washington consumers of dental insurance plans should stay away from Benefit Plans of America, Inc. as sold by Daniel A. White, according to Washington’s Office of the Insurance Commissioner (OIC). The office has issued a Cease and Desist order prohibiting …
May 9, 2003
The current outbreak of SARS (Sudden Acute Respiratory Syndrome) is reportedly causing considerable anxiety at organizations with employees traveling internationally, especially to and from Asia. California-based ABD Insurance and Financial Services, a provider of global risk management and employee benefits …
May 8, 2003
Edward L. Bass has joined Synaxis Group as a Transportation Specialist/Vice President. For the past five years Bass served as Vice President Marketing/Client Services Total Transport at CNA Risk Management. At CNA he was responsible for Transportation Safety Services, Head …