California correctional officer submits fraudulent workers’ comp claims A former California Department of Corrections and Rehabilitation correctional officer has been arrested for submitting fraudulent workers’ comp claims, according to Insurance Commissioner John Garamendi. Steve Andrew Felter, 35, was arrested on …
Report ranks Phoenix drivers safest of big cities Drivers in Phoenix are the safest big city commuters, according the second-annual “Allstate America’s Best Drivers Report.” Drivers in Phoenix can expect to bump into another vehicle on the roadway every 9.7 …
The Idaho Department of Insurance has issued a cease and desist order against Sinclair Insurance Co. Ltd. and N.M. Sim Management Ltd. In early April 2006, the Idaho Department of Insurance received information indicating that Sinclair Insurance Co. Ltd., through …
California Gov. Arnold Schwarzenegger has signed into law Assembly Bill 881 to crack down on workers’ compensation insurance fraud in the roofing industry. The bill, authored by Assemblyman Bill Emmerson, R-Redlands, requires insurers who issue workers’ compensation policies to contractors …
Colorado adds fraud prosecutors, investigators The Colorado legislature has approved a bill adding a prosecutor and three new investigators to the Attorney General’s office to fight insurance fraud. Bill SB06-038, is awaiting the Governor’s signature, and is scheduled to become …
For insurers facing extraordinary exposure from Hurricanes Katrina and Rita, and unmatched losses beyond any other natural disasters in U.S. history, the bad news continues. Serious mold contamination is now threatening water-damaged homes and commercial properties throughout the region. With …
The environment and going “green” has been the editorial focus of a slew of consumer publications from Time to Vanity Fair recently. I’ve had a constant reminder for several years, since my husband works for the Environmental Protection Agency. Yet …
Hurricane season is here, and it is time to evaluate the lessons learned from last year’s hurricanes. It is vital to note that the degree of impact, from a corporate perspective, could have been mitigated with planning and preparation. Preparation …
It’s a common misnomer that an increase in technology will lead to a decrease in the number of salespeople. While technology and the Internet can be a bad omen for low producers, the digital age is not the enemy of …
Editor’s Note: The following excerpt is edited from a statement made by Sen. Richard Shelby, R-Ala., who chairs the U.S. Senate Committee of Banking, Housing and Urban Affairs. The committee is considering a Senate bill to reform the federal flood …
