June 4, 2007
Four people defrauded a health insurance company by making false claims for brain operations, sometimes for the same person on multiple occasions, authorities said. One 36-year-old Manhattan man even claimed nine brain surgeries for himself, along with his wife and …
June 4, 2007
Many people along the Atlantic and Gulf Coasts still lack a hurricane survival plan and don’t feel vulnerable to storms, despite Katrina’s dramatic damage and pleas from emergency officials for residents to prepare before the season starts, according to a …
June 4, 2007
U.S. Attorney David Dugas says he won’t intervene in a whistleblowers’ lawsuit that accuses several insurance companies of overbilling the federal government for flood damage to Louisiana homes from Hurricane Katrina. An attorney for a group of former insurance adjusters …
June 4, 2007
In response to the recent policy statement by the Risk and Insurance Management Society regarding contingent commissions, the Independent Insurance Agents of Texas reaffirmed its continued support of contingent compensation for independent agents and issued the following opinion: In its …
June 4, 2007
The Texas Department of Insurance recently announced enforcement actions taken by Commissioner Mike Geeslin that became final during April. The actions include six license revocations, a license denial and fines and restitution totaling more than $993,000. Only final orders are …
June 4, 2007
Sandra L. Hubbard has been promoted to a senior vice president at TD Banknorth Insurance Agency, Inc. in South Portland, Maine She will oversee the agency’s commercial lines service department, managing overall service operations and ensuring quality customer service and …
June 1, 2007
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and the issuer credit ratings (ICR) of “aa-” of American Modern Insurance Group and its P/C members. Best also affirmed the ICR of “a-” and debt ratings …
June 1, 2007
Professional Program Insurance Brokerage based in Novato, Calif., has reduced rates for dentists and chiropractors performing medispa injectibles. Coverage is provided for those professionals conducting Botox and dermal filler injections. The minimum premium has been reduced to $3,000 per year …
June 1, 2007
Sonnenschein Nath & Rosenthal LLP has named David F. Hauge a partner in the Insurance Regulatory Practice Group, in the company’s Los Angeles office. Hauge has more than 30 years of experience in the insurance industry as both in-house and …
June 1, 2007
Van Gilder Insurance Corp., based in Denver, has hired Maureen E. Herzog as an account executive specializing in the Lawyers Property and Casualty practice. Also, Atha Forsberg has been named a business development specialist and participant in the firm’s mentoring …