A California Bay Area chiropractor, Dr. Linda Fang, has been arrested for insurance fraud. Fang was charged with eight counts of presenting fraudulent claims; eight counts of false statements in support of insurance claims; and eight counts of grand theft. …
Sending a sharp rebuke to Gov. Mitt Romney, House lawmakers voted overwhelmingly to overturn his vetoes to the state’s landmark health care law, including the controversial $295 fee on businesses who don’t offer insurance. The predominantly Democratic House broke from …
Under a bill made public Monday, children younger than 11 wouldn’t be allowed to ride alone on amusement park attractions that take them out of the line of sight of the operators. The legislation, proposed by state Sen. Nicholas Spano, …
The Louisiana Senate Insurance Committee passed two bills that would be very destructive to the state if they became law, according to the American Insurance Association (AIA). “One bill (SB 707) is a very expansive bad faith measure, that would …
The same week Enron Corp. founder Kenneth Lay told jurors that he did not intentionally deceive investors and analysts, another former Enron executive told the insurance and risk management community that Enron suffered corruption and complacency in the months before …
The license of South Florida insurance agent Gordon Arthur Esses of Aventura, Fla. has been revoked for selling “bogus” policies and the agent has been banned from writing business in the state, according to Tom Gallagher, Florida CFO. “A licensed …
A special statewide operation targeting the arrest of nearly 80 suspects from Miami to Pensacola, Fla. for their roles in insurance fraud schemes, dubbed “operation spring cleaning,” has been launched by the Division of Insurance Fraud. “Operation spring cleaning” is …
Attorney General Lisa Madigan, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal today announced an $80 million settlement agreement with Bermuda-based holding company ACE, Limited, and its U.S.-based insurance subsidiaries. The charges against the insurance giant …
Administrators of the Mississippi state wind pool, the insurer of last resort for a growing number of Hurricane Katrina victims, will be requesting a 400 percent increase in its rates, an attorney for the Mississippi Windstorm Underwriting Association says. The …
The Houston East, Houston West and Missouri City field offices of the Texas Department of Insurance Division of Workers’ Compensation (DWC) are hosting a brown bag educational session on Return to Work for health care providers, employers, human resource managers, …
