Monthly Archives: <span>January 2004</span>

It’s a New Ballgame

You observe a lot by watching – Yogi Berra Back in 1983, the year the first InsuranceTimes rolled off the presses, Jim Rice, Jerry Remy and Dennis Eckersley were among the key players for the Boston Red Sox, a mediocre …

Insurers Seek $17 Million from NJ Chiropractors

Allstate New Jersey Insurance Company and Encompass Insurance have filed a multi-million dollar civil complaint, under the New Jersey Insurance Fraud Prevention Act against Scott Greenberg D.C., a Central New Jersey-based chiropractor and Middlesex Diagnostic Associates, a neurological testing company, …

N.Y. Arrests Psychotherapists for Fraud

A 263-count indictment, filed in Kings County Supreme Court, charges Gabriel Feldmar Ph.D., a licensed psychologist, and three psychotherapists under his employ, Brian McCarthy, Tomeka Austin and Nasim Jadoon, with conspiracy and multiple counts of grand larceny, insurance fraud and …

Pa. Man Charged in Arson-for-Hire Fraud Scam

Authorities in New Jersey have charged Robert Halpin, 23, of Horsham, Pa., with two counts of arson for hire, conspiracy, aggravated arson, arson to collect insurance proceeds and attempted theft by deception for conspiring with Joseph A. Cirino Jr., 32, …

Insurers Seek $100 Million in Biggest N.Y. Fraud Suit

The Allstate Insurance Company, Encompass Insurance and Nationwide Mutual Insurance Company have filed a RICO (Racketeer Influenced and Corrupt Organizations Act) action in the Supreme Court of New York against 74 defendants, seeking to recover more than $100 million from …

No More Tea Parties in the Bay State

The U.S. Census Bureau’s Census 2000 estimated the population of the state of Massachusetts at 6,379,304. Approximately 85 percent of the adult residents residing in the state had graduated from high school and more than 33 percent had earned a …

Small, Mid-Size Bus. Liability

Nuts & Bolts: E.L.M. Insurance Brokers Inc. targets small to mid-size businesses with its “professional liability suite of products,” which includes liability coverage for employment practices, directors and officers, entity (optional) and fiduciary. The preferred classes are business-to-business services, clothing …

GL for Colleges, Universities

Nuts & Bolts: EdChoice, Schinnerer’s insurance program for small to mid-size colleges and universities, has added general liability coverage for exposures such as corporal punishment, athletics or sports activities, abuse and molestation, host liquor, as well as limited pollution coverage. …

The Right Man for the Right Job

An Exclusive Interview with Gregory Serio Gregory V. Serio, the superintendent of the New York State Insurance Department, is a busy man—moving between Albany, Manhattan, Washington D.C. and elsewhere about the country. So, thanks to Mother Nature, in the form …

MUNICH RE U.N. REPORT ESTIMATES WEATHER COST $60 BILLION IN 2003:

Delegates attending a recent meeting of the United Nations Environment Program (UNEP) in Milan heard a report, prepared by Munich Re, estimating the cost of natural disasters, most of which were weather-related, was more than $60 billion in 2003, up …