April 21, 2006
NAS Insurance Services Inc. has a new excess coverage program as part of its E&S property facility. The program features a maximum limit of $5 million, a minimum premium of $2,500 and a minimum deductible of $2,500. Perils include basic, …
April 21, 2006
A former Marksville, La. police officer was sentenced to 15 months in prison for helping a woman he was dating file a fraudulent insurance claim. Herbert Guillot Jr., 37, was convicted on federal charges of conspiracy, money laundering and concealing …
April 21, 2006
The Coalition Against Insurance Fraud reported that Kansas Governor Kathleen Sebelius signed a law requiring insurers to report suspected schemes to the state fraud bureau. SB 207 also gives insurers immunity from reporting of suspected schemes, and requires insurers to …
April 21, 2006
Directors and officers of companies in Canada will have broader protection for claims made against their personal assets under a new Directors’ and Officers’ policy introduced by Minn.-based St. Paul Travelers. A written statement issued by the company said that …
April 21, 2006
A Grand Haven, Mich. woman has motivated the Michigan legislature to consider legislation regarding the theft of life saving equipment on beaches in the state. When a rip current grabbed hold of Vicki Cech’s son, Andy Fox, as he swam …
April 21, 2006
Arrest warrants have been issued for two Gainesville, Ga. insurance agents; both are charged with insurance fraud. Robert Frank Kubitz, 51, allegedly kept premiums paid to his business, RF Kubitz Agency, for coverages including auto liability, workers comp, professional liability …
April 21, 2006
New York, N.Y.-based Advisen Ltd. has named Ken Wagner as chief operating officer and member of the Board of Directors. In this position he will be responsible for the oversite and managment of company’s operations including enhancing Advisen’s technology infrastructure …
April 21, 2006
Florida’s Consumer Services representatives held a meeting on Friday morning with officials of the Tampa, Fla.-based Poe Insurance Group to discuss how to reduce the number of consumer complaints about the firm and its subsidiaries, Atlantic Preferred Insurance Company, Southern …
April 21, 2006
A lawsuit filed by a former altar boy who claimed he was sexually abused by a Catholic priest in the 1970s has been settled for $965,000 as the case was due to go to trial. Michael Gay, 38, of South …
April 21, 2006
Programs for modifying environments where alcohol is served — including bars and liquor stores — do not help reduce alcohol-related injuries, according to a new review of controlled studies. “There is no reliable evidence that interventions in the alcohol server …