Monthly Archives: <span>January 2006</span>

Tenn. Workers’ Comp Scheme Perpetrator Receives 108-Month Jail Term, Judge Orders $5M Restitution

Gary Linsey Slater has been sentenced by U.S. District Judge Jennifer Coffman in Lexington, Ky. to 108 months in prison and ordered to pay more than $5 million restitution to two insurance companies he defrauded in a workers’ compensation scheme. …

Apollo Agencies Appoints Marti Simons VP of Sales Development

Manhattan Beach, Calif.-based Apollo Agencies Inc., a subsidiary of Kinecta Federal Credit Union, has named Marti Simons to serve as vice president of sales development. She will oversee the growth of Apollo’s third-party relationship segment in communities throughout California. Simons …

Travelers Improves Homeowners Program in California

Travelers personal lines, a member of St. Paul Travelers, has improved its homeowners insurance program in California, including enhancingcoverage for identity theft and new credits and deductible options. Travelers’ identity fraud expense reimbursement coverage now offers resolution services to guide …

Ind. Farm Bureau Insurance Co. Supports Victims of Fraud: Agent Arraigned this Week

Indiana Farm Bureau’s Chief Executive Officer, Jerry Canada, recently voiced the company’s steadfast commitment to continue to work with investigators as well as to support policyholders who were victims of fraud and other criminal violations by a former Farm Bureau …

XL Reinsurance America Names Welch President, COO

XL Reinsurance America Inc., a subsidiary of XL Capital Ltd has named John P. Welch as president and chief operating officer. He will report to James H. Veghte, chairman and chief executive officer of XLRA, and chief executive of XL’s …

Everest Re Ups 2005 Hurricane Losses to $1.2 Billion

The Bermuda-based Everest Re Group, Ltd. announced that it has increased its loss estimates for Hurricanes Katrina, Rita and Wilma. Total pre-tax losses from these events, which had previously been estimated at $1.0 billion, including the $300 million for Hurricane …

Police: Woman in Ark. Prison for Trying to Have Adjuster Killed Being Investigated Again

A woman sent to prison in Arkansas for 40 years for trying to hire a hit man to kill an insurance adjuster is under investigation again after authorities were told she was trying to hire another hit man from inside …

Ark. Court Says Insurers Don’t Have to Pay for Teen’s Wreck

An insurance company doesn’t have to defend or pay the claims of a Pulaski County woman whose 15-year-old son wrecked the family car, the Arkansas Court of Appeals has ruled. The court upheld a judge’s ruling that Southern Farm Bureau …

Teen Suspect Charged with Setting Fires in East Texas

An 18-year-old suspect has been arrested in connection with two arson fires in Bowie County, Texas. Randal Kight was questioned in connection with a series of wildland fires that have plagued the town of Maud, southwest of Texarkana. Another suspect, …

Health Insurance Plan: New Option for Low-income Kansas Residents

Low-income Kansas residents, who have not had health insurance for more than a year, may qualify for a new program that promises half-price premiums, Blue Cross and Blue Shield of Kansas announced this week. Named “Value Blue,” the new program …