June 24, 2011
Kings County District Attorney Charles J. Hynes announced has charged Borough Park autobody shop, Perfect Collision, with intentionally damaging cars brought in for repairs, so it could submit inflated bills to insurance companies. Perfect Collision, its owner, Elie Berger; and …
June 24, 2011
The cost to repair tornado damage at Lambert-St. Louis International Airport could reach as much as $30 million. Airport officials said they’ve received estimates of $25 million to $30 million to restore Terminal 1 and Concourse C following the April …
June 24, 2011
A pair of Illinois brothers who traveled to Columbus, Ohio, to practice psychiatry were sentenced for workers’ compensation fraud after an investigation showed they were conducting inadequate examinations of injured workers and submitting false bills to the Ohio Bureau of …
June 24, 2011
In an early test of “say-on-pay” voting, a shareholder sued Hercules Offshore Inc. directors and top executives, demanding that they return big pay increases that shareholders voted against. At last month’s shareholder meeting, 59 percent of Hercules’ shareholders voted against …
June 24, 2011
Cincinnati, Ohio-based employee benefits and financial services firm Horan has added Kurt Krebs as vice president and chief financial officer. He will direct all fiscal management aspects of the company. Prior to joining Horan, Krebs worked as Line of Business …
June 24, 2011
After a massive data breach last month, Citigroup did not offer its hacked clients the same degree of identity-theft protection that many other companies provide, drawing criticism from privacy advocates. Citigroup, which had over 360,000 credit card accounts exposed last …
June 24, 2011
Allstate Insurance is seeking to recover more than $1 million against 10 New York area defendants it alleges filed fraudulent claims for psychological services. The lawsuit seeks reimbursement for personal injury protection benefits Allstate paid on behalf of its customers. …
June 24, 2011
A year has passed since a tornado roared down Main Street in Bridgeport, Connecticut, battering buildings and toppling trees in the Nutmeg State’s largest city. Recovery has been steady in some areas and lagging in others. The initial shock has …
June 24, 2011
Robin Fawkes of San Mateo County (California) Schools has been named Insurance Professional of the Year at the recent international convention held in Las Vegas by the International Association of Insurance Professionals. She previously won this award for her region …
June 24, 2011
Maine-based Great Falls Insurance Co., a newly licensed insurer specializing workers’ compensation coverage has named Gary Hall as president and CEO. Hall has three decades of insurance experience, with a majority of that experience being in Maine and northern New …