The big one
Is this the year Texas will be hit by the “big one?” Last year, Louisiana and Mississippi got hammered, Alabama and Florida, too, along with the year before. The big one, of course, is a hurricane–a Category 3, 4 or …
Former South Dakota Agent Faces 60 Years in Prison for Fraud
Former South Dakota Agent Faces 60 Years in Prison for Fraud Associated Press account. Wingler was scheduled to go to trial but he decided in court to change his plea to guilty to six of the 13 charges against him. …
New Markets
Condominium AssociationsNuts & Bolts: Philadelphia Insurance Companies is broadening the eligible classes for its condominium product to include office park condominium complexes. Available coverages include property, general liability, automobile, garagekeepers and umbrella. Large in-house property capacity exists allowing the company …
Ohio insurance department says malpractice premiums going down
The Ohio Department of Insurance recently said that years of escalating premiums for medical malpractice insurance for the state’s doctors may be coming to an end. For the first time in six years, an insurer is lowering rates, the Ohio …
Fitch: stable outlook for broker industry in 2006
New York-Chicago-based Fitch Ratings is predicting stability and growth for the broker industry in 2006, while admitting that earnings will be down in 2005 because of litigation connected to New York Attorney General Eliot Spitzer’s investigation. Fitch’s special report, “Insurance …
Headed for the chopping block
While shopping for turkey last Thanksgiving, it would have been good to pause and appreciate those millions of independent small businesses that provide the goods and services this thriving nation depends upon. Today, such enterprises form the economic bedrock of …
COALITION AGAINST INSURANCE FRAUD LISTS 2005’S WORST INSURANCE CON ARTISTS
Scalpel-wielding surgeons and klutzy grave robbers were among the eight worst insurance swindlers of 2005, according to the Coalition Against Insurance Fraud. Elected to the Insurance 2005 Fraud Hall of Shame, these scam artists were among the year’s most-brazen and …
K.C. CPCU Chapter sponsors leadership class
On March 2, the CPCU Society and the Society’s Kansas City Chapter will be hosting a new CPCU Society National Leadership Institute (NLI) course, Creative Thinking in Business. Both CPCU Society members and nonmembers are invited to attend NLI courses. …
Kansas insurance commissioner faces challenge
Insurance Commissioner Sandy Praeger is facing a serious challenge to her re-election within the Republican Party–from a legislator who argues she isn’t pro-business enough. Rep. Eric Carter of Overland Park began this year with nearly $94,000 for his campaign. Praeger, …
OHIO MAN BURIES DEFUNCT BMW TO COLLECT INSURANCE
Matthew Muller, 35, a resident of Akron, Ohio, was sentenced to a year in prison for insurance fraud for burying his dead BMW and collecting $20,000 for the car he reported stolen. The car had been buried by Muller in …
