The Texas Depart-ment of Insurance imposed stiff sanctions on a Florida man found to be recruiting and training Texas agents to sell unauthorized health insurance plans. Insurance Commis-sioner José Montemayor signed an order against Herbert Wayne White of Fruitland, Fla., …
TDI, Lt. Governor vow to continue efforts on behalf of homeowners. A state district judge in Texas on Nov. 8, 2004, overturned mandated rate rollbacks in homeowners insurance for State Farm and Farmers insurance companies, but the Texas Department of …
No effort is planned in the upcoming Arkansas legislative session to gain approval for a measure that would limit damages that could be awarded in suits against nursing homes, a top industry official says. A measure to cap punitive damages …
Where were you in 1969? Hitchhiking to Woodstock? Surviving the jungles of Vietnam? Graduating from high school? Learning the ropes of the insurance industry? Not born yet? If you were in Austin, Texas, in the fall of that year, you …
With the latest insurance industry market conduct problem, consumers once again see not only the failure of state insurance regulation to protect them but the refusal of state insurance regulators to take responsibility for their failure. The latest actions by …
2004 Could Break Records for Announced Transactions Agency consolidations are likely to achieve record results for 2004 but the outlook for 2005 remains unclear. Agency acquisitions in 2004 will more than likely outpace prior years by at least 25 percent. …
An unlicensed, uninsured contractor was arrested after Florida insurance fraud investigators made a surprise inspection at a St. Lucie County subdivision. Vicente Parra Martinez, 34, owner and sole officer of P.M.V. Enterprises Inc. in Pompano Beach, is charged with workers’ …
Georgia Insurance Commissioner John Oxendine said an investigation by his office resulted in the arrest of insurance agent in Lyons, Ga. Arrested was Meredith Dianne Sowell, who has been charged with 13 counts of insurance fraud. Sowell allegedly kept premiums …
A Florida property insurance agent with customers in Hardee, Polk and DeSoto counties faces several felony charges stemming from allegations that he stole insurance premiums from homeowners and never secured property insurance coverage. Victims realized something was wrong when their …
Two insurance agents have pleaded guilty in Birmingham, Ala., to giving money to Cherokee County elected officials in exchange for the county’s insurance business, the latest corruption case to surface in the county. James L. Williams and Michael Tillery each …
