While most people identify Russia as the emerging insurance market in Eastern Europe, Lloyd’s notes that “Poland is beginning to make a name for herself. When Lloyd’s Chairman Lord Levene visited the country last year, he referred to it as …
A new study from Swiss Re examines the rising impact of natural disasters, which is “driving up the cost of disaster relief and reconstruction for the public sector, especially in developing countries where insurance penetration is still low.” The report …
After bringing together insurance industry executives, consumer groups and fire officials to discuss preparations for future potential fire disasters at a roundtable held on May 12, 2008, California Insurance Commissioner Steve Poizner announced an effort to create economic or other …
Lake Oswego, Ore.-based BLIS, which provides financial services for elective (cash pay) surgery, announced its ability to offer “A” rated security on its policies for bariatric surgeons’ cash pay business. Beginning July 1, 2008, the BLISCare insurance policy will be …
The Professional Insurance Agents of Oregon/Idaho Gary Steffen, vice president of Safe and Sound Insurance in Gladstone, Ore., and Amigos Aseguranzas in Portland, Ore., as the association president. He will serve as the organization’s president until June of 2009. The …
North Carolina officials arrested a Kinston woman for embezzlement and obtaining property by false pretense, according to Insurance Commissioner Jim Long. Department of Insurance investigators arrested Terri Lynn Spence, 34, June 9 and charged her with four counts of embezzlement …
North Carolina Insurance Commissioner Jim Long said state officials arrested two Laurinburg men on suspicion of conspiracy to commit arson and insurance fraud. Officials arrested William Angus McGirt, 71, and Franklin Lacy Britt Jr., 59, on June 6 and June …
A Corbin, Ky. woman is in custody after being indicted on a felony count of insurance fraud, the Kentucky Office of Insurance reported. According to court documents, Christine V. Young filled out an application for homeowners insurance coverage with State …
Mississippi officials arrested four more people in Hurricane Katrina fraud cases. Auditor Stacey Pickering says James Hodge of Wiggins, 45, of Mississippi, is facing a felony charge of home repair fraud. Pickering says Hodge received $10,000 for work he never …
The Occupational Safety and Health Administration is proposing fines of $193,000 for 54 violations of federal safety laws at two Howard Industries locations in Laurel, Mississippi. OSHA officials cited the electrical power products manufacturer for failing to provide protective equipment …
