A San Francisco Superior Court has approved California Insurance Commissioner’s rehabilitation plan for Majestic Insurance Co., a failed workers’ compensation insurance carrier. Under the plan, Majestic’s insurance liabilities and certain assets will be transferred to AmTrust North America Inc., which …
A former Rhode Island disc jockey has pleaded guilty to an insurance fraud scheme involving a former North Providence town councilman recently sentenced on separate corruption charges. Lori Sergiacomi entered her plea earlier this month in federal court in Providence. …
New Jersey’s Supreme Court has ruled that a convicted drunken driver has the right to sue the bar that served him. The court’s 5-2 ruling last month stems from a 2006 motorcycle crash in which Frederick Voss had a blood-alcohol …
Bolton & Co. based in Pasadena, Calif., named Brett Schulz assistant vice president in the Property & Casualty division. Schulz brings more than 12 years of professional experience working with businesses to identify and implement solutions around workforce management, insurance …
A recent survey appears to confirm that there is growing concern among corporate managers about distracted driving risks and liability. Fifty percent of companies with more than 500 drivers said they have knowledge or evidence of such crashes, according to …
Insurers must provide full coverage for personal property that’s been moved because of the threat of flooding on the Missouri River, South Dakota insurance regulators have determined. Insurance Director Merle Scheiber issued a bulletin on June 10 stating that any …
Florida’s residential property insurance market is bracing for even more volatility after the state’s modeling commission approved the use of the new Risk Management Services (RMS) catastrophe model. The Florida Commission on Hurricane Loss Projection Methodology approved the RMS U.S. …
The American Agents Alliance announced it has submitted for title and summary an automobile insurance discount initiative that would allow consumers to receive a discount for having continuous automobile insurance, regardless of the insurance company with whom they are insured. …
Margaret Murray Manning of Redondo Beach, Calif., has been found guilty of six felony counts for violating section 550(b) (3) of the California Insurance Code, for allegedly issuing more than 1,000 phony errors and omissions policies for life insurance agents …
Employers Need Rules for Mobile Employees Employers who supply their employees with company cell phones, laptops, BlackBerries, iPads and other portable devices could be in for a surprise if an employee is injured while using the device when off-site or …
