December 15, 2005
Todd Graves, United States Attorney for the Western District of Missouri, reported that a former Kansas City, Mo., police officer pleaded guilty in federal court recently to a scheme to collect insurance on a fraudulent stolen car claim. Michael J. …
December 15, 2005
Ventura County (California) District Attorney Gregory Totten reported that Everardo Ramirez Vega (DOB 11-28-1967) was recently sentenced after his plea on two felony counts of workers’ compensation fraud. The prosecution of Vega followed an investigation conducted by the Criminal Investigations …
December 15, 2005
Jacksonville, Fla.-based FPIC Insurance Group Inc. has named Charles Divita III chief financial officer, effective Jan. 1. Divita is FPIC’s senior vice president, operations and strategy. He has been with the company since 2000, previously serving as vice president, finance …
December 15, 2005
Wells Fargo & Company (WFC) has named Peter Wissinger to head Acordia Inc., the Chicago-based Wells Fargo company which is the nation’s fifth largest insurance broker. Wissinger, a 20-year Wells Fargo veteran, will succeed Kevin Conboy, who will retire from …
December 15, 2005
G. Frank Sheppard has been named president of the Independent Insurance Agents and Brokers of South Carolina, assuming the leadership role from Leland C. Ruef, president, who retires Dec. 31. As chief staff member, Sheppard will be responsible for association …
December 15, 2005
The Occupational Safety and Health Administration, Washington D.C., announced a new safety and health guidance document, posted today on their Web site. The OSHA document will help workers and employers in determining whether an activity would be considered an “emergency …
December 15, 2005
California Governor Arnold Schwarzenegger has chosen an insurance industry lobbyist to be his deputy chief of staff and senior advisor for policy development, a new position.Starting at the new year, Dan Dunmoyer will leave his post as president of the …
December 15, 2005
The Chubb Corporation has completed the strategic transaction that created a new Bermuda-based global reinsurance company, Harbor Point Limited. Chubb has received from Harbor Point $200 million of 6 percent convertible notes and warrants, representing in the aggregate approximately 16 …
December 15, 2005
Brentwood, TN — SIGMA Actuarial Consulting Group, Inc. (SIGMA) has named Lloyd Kelley its Director of Strategic Consulting. He will be directing the company’s new consulting service, Risk Retention Model, for providing financial statement forecasts to risk-bearing entities such as …
December 15, 2005
Encino, Calif.-based NAS Insurance Services has added features to its Miscellaneous Medical Malpractice Insurance program. Deductibles now can be lower than $2,500, the company said. The program features limits of $1 million per claim/$3 million aggregate. It is also available …