Monthly Archives: <span>March 2005</span>

Nev. Man Charged for Work Comp Fraud

Following a guilty plea, Nevada District Judge Steven Kosach sentenced Dennis Dean Hogue to 12 to 34 months in the Nevada State Prison for one count of workers’ comp claimant fraud. Hogue was also ordered to make restitution of $9,500 …

Operation Scorpion Nets Nine Suspects

Authorities arrested nine auto body shop owners and employees, charging them with various felony counts of insurance fraud following “Operation Scorpion,” a joint investigation by California Department of Insurance and the San Mateo County District Attorney office. The cases will …

Stand-Alone Fiduciary Coverage

Nuts & Bolts: Chevy Chase, Md.-based Victor O. Schinnerer and Company’s not-for-profit D&O program has added stand-alone fiduciary coverage to its portfolio. The policy offers fiduciary liability coverage for any employee acting as a fiduciary on behalf of the organization: …

Hard to Place Workers’ Comp Program

Nuts & Bolts: Lighthouse LLC is now providing workers’ compensation programs for the Professional Employer Organization industry and employers with under $100,000 in premium. Lighthouse will provide workers’ comp to its PEO clients and appointed agents in three different manners: …

Property Program for Public Entities

Nuts & Bolts: Victor O. Schinnerer and Co. offers an admitted property policy for all types of public entities. It features a specialized property enhancement for public entities, which provides higher limits for various coverages and causes of loss, including …

Habitational Real Estate

Nuts & Bolts: Prism Inc. is offering a new habitational real estate program that covers HOAs, apartments, condos, offices and strip-malls that qualify. Dollars: Limits are $300 million per occurrence, per location. Deductibles range from $5,000 to $10,000 for property, …

Event Cancellation

Nuts & Bolts: Abacus Insurance Brokers has a new event cancellation program that is being distributed online through the APM Platform and is available exclusively to brokers. In real time, brokers can quote and bind online. Coverage is available for …

GL for Roofing Contractors

Nuts & Bolts: M.E. James Surplus Lines Ins. Agency is offering a general liability program for commercial and residential roofing contractors. The coverage is a limited claims-made form offering up to five years prior acts coverage and up to a …

People & Places

William Sousa The board of directors of Foster City, Calif.-based National Automobile Club has announced the appointment of William P. Sousa Jr. to the office of president and CEO. In his new position, Sousa will be responsible for the development, …

GARAMENDI WILL FIGHT AGAINST ABUSES IN HOMEOWNER INDUSTRY:

California Insurance Commissioner John Garamendi issued the following statement in response to the recent Court of Appeal’s ruling on the state’s authority to regulate homeowners’ insurance: “The ‘use it and lose it’ insurance syndrome is a very real problem with …