Ohio-based American Financial Group Inc. announced that David Witzgall has been named vice president and treasurer of the company. Witzgall joined American Financial in 1976 and held a number of accounting and finance positions until he left to become vice …
The Ohio Casualty Insurance Company reported the resignation of President of Insurance Operations Elizabeth (Beth) Riczko, 38, effective June 3, 2005. Riczko is leaving to pursue other interests. Ohio Casualty Corporation is the holding company of The Ohio Casualty Insurance …
Homeowners from a mountaintop community northeast of Tucson began filing lawsuits May 24 accusing their insurance companies of failing to provide enough coverage on homes destroyed in a June 2003 wildfire. Roughly 70 homeowners planned to participate in 16 lawsuits …
The first ever Travel Insurance Market Survey, conducted on behalf of the U.S. Travel Insurance Association (UStiA), revealed that Americans spent more than $1 billion on travel insurance last year. According to the survey, more than 17 million travelers purchased …
A Senate Homeland Security Subcommittee hearing set for Thursday, May 26, is the latest in a series of Capitol Hill examinations of port security and the potential economic harm terrorists can cause. These hearings clearly reinforce the need for swift …
The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) announced this week the completion of crash test and rollover ratings for passenger cars for the 2005 model year. All results, including previously tested model year 2005 vehicles, are …
Two Broward County men are facing felony fraud charges after a state investigation determined they staged an accident in January and then filed fraudulent insurance claims for injuries that did not occur. Jesse Demetro, 20, of Hallandale, and Anthony Nicholas, …
New Jersey Banking and Insurance Acting Commissioner Donald Bryan recently announced that during the last two years 64 percent of auto insurance policyholders have received rate reductions or special dividends. Since the auto insurance reforms of 2003, 17 insurers have …
The Wall Street Journal reported Wednesday that New York State Attorney General Eliot Spitzer and the State’s Insurance Department are near completion on producing a civil complaint against American International Group (AIG). The action is a result of the company’s …
To combat insurance fraud that costs consumers an average of $200-300 per year, 40 states have established entities responsible for oversight of related investigations and prosecution efforts, according to an analysis by the National Association of Mutual Insurance Companies (NAMIC). …
