January 12, 2004
One of the basic fundamentals we stress to our clients is to be proactive, not reactive. In order to be proactive, one needs to understand and exploit current and future trends. Most trends can be predicated by understanding recurring cycles …
January 12, 2004
Each year the Insurance Information Institute invites a panel of Wall Street stock analysts and industry professionals to review the prospects for the industry in the current and coming year. The survey reveals that the industry’s unrelenting streak of bad …
January 12, 2004
Senator Jackie Speier (D-San Mateo/San Francisco) is finishing up her second and final term in the California Senate. Best known in the insurance industry for her work as chair of the Senate Insurance Committee, in 2000 Speier chaired the Senate …
January 12, 2004
John Vernon Liller, 53, of Carson City, Nev., was sentenced after pleading guilty to felony fraud charges. Liller was the owner and agent at a Farmers Insurance office for more than 22 years. Between March 2000 and March 2001, Liller …
January 12, 2004
Criminal charges of insurance fraud have been filed against Cory and Tiffany Thurlow of Modesto, Calif., by the District Attorney’s Office of Stanislaus County. They are charged with two felony counts and a misdemeanor. These charges arise from an insurance …
January 12, 2004
A Los Angeles man pleaded no contest to two felony counts of insurance fraud after CDI Fraud investigators determined that he misrepresented injuries allegedly sustained in his workplace. Tommie Lee Robinson, 55, claimed he injured himself while moving materials in …
January 12, 2004
Washington has ordered a 62-year-old woman from Okanogan to pay back $117,004 after an investigation reportedly showed that she had collected survivor benefits illegally. And a 52-year-old Olympia man, Richard Sundblad, has been ordered to pay $20,300 in penalties and …
January 12, 2004
Attorney General Brian Sandoval announced that Patrick Lee Miller was found guilty of a felony insurance fraud, making false representations to an insurance company. The matter was heard in Humboldt County’s 6th Judicial District Court before Judge Iroz. Sentencing is …
January 12, 2004
Nuts & Bolts: Superior Access Insurance Services Inc. has a new, non-underwritten homeowners program now available in California, which is virtually non-underwritten. Designed for homeowners in hard to qualify areas such as, risks located in or near brush areas. Up …
January 12, 2004
Nuts & Bolts: AIG Private Client Group, a division of the property/casualty insurance subsidiaries of American International Group Inc. (AIG), introduced yacht insurance for high net worth individuals. The yacht offering provides customized coverage selections, including flexible deductible options. Additional …