Four months before the hurricane season, storm clouds are forming due to insurance reform measures suggested by Sen. Ron Klein, D-Boca Raton. Klein told South Florida television stations and newspapers it’s essential to establish a “watchdog” to “protect the consumer” …
What Eliot Spitzer has done within the insurance industry should be entered on the positive side of the ledger. While much of the follow-up has driven up expenses and slowed down the inner workings of insurance carriers, the rooting out …
Missouri Attorney General Jay Nixon has filed criminal charges alleging securities fraud against Springfield insurance agent George William “Bill” Hull. The felony complaint, filed in Greene County Associate Circuit Court, charges Hull with two counts of selling unregistered securities and …
The Ohio Bureau of Workers’ Compensation announced a Clark County woman has been sentenced for a felony charge of workers’ compensation fraud. Doris Marcy was sentenced to one year probation and ordered to pay court costs. BWC received a check …
The Ohio Bureau of Workers’ Compensation announced a Springfield man has been sentenced for a misdemeanor charge of workers’ compensation fraud. Jeff Hamm was sentenced to three months incarceration, a $300 fine and court costs. The incarceration was suspended provided …
Acting Illinois Director of Insurance Deirdre K. Manna has revoked the insurance producer license of Cynthia A. Redict-Adams of Chicago effective Dec. 21, 2004. Redict-Adams had been licensed since March 4, 1987. She was licensed to sell life, accident and …
The Ohio Bureau of Workers’ Compensation announced a Columbus man has been sentenced for a misdemeanor charge of workers’ compensation fraud. Souhil Sabbagh was sentenced to one year probation and ordered to pay $2,000 in investigative costs. BWC was paid …
Citing a report from Robert Wood Johnson Foundation, the Nebraska Department of Insurance stated that an estimated 30,145 Nebraskans were found to be covered by self-insured Multiple Employer Welfare Arrangements. As a percentage of Nebraska’s population, that number places the …
A bill to modernize North Dakota’s rate and rate filing standards “will be of great benefit to North Dakota insurance markets” and “would send a strong message to Congress that states can improve and modernize the state system of insurance …
A bill supported by North Dakota Insurance Commissioner Jim Poolman would limit insurers’ use of credit scoring by expanding the definition of the prohibited “adverse actions” they can take based on the information. The proposal, HB 1335, was debated in …
