A federal judge last week has ordered millions of dollars in restitution for the Toms River, N.J., regional school district stemming from a bribery and kickback scheme. Former Superintendent Michael Ritacco and the district’s former insurance broker, Francis Gartland, have …
An Alaska company has been fined $70,000 and placed on three years of probation for releasing asbestos into the air in Anchorage. Chief U.S. District Court Judge Ralph R. Beistline (BISTE’-line) last week also ordered Copper River Campus to hire …
Federal authorities announced last week that a North Carolina farmer pleaded guilty to conspiracy to commit fraud on the federal crop insurance program for payments worth over $1 million. According to authorities, Harry Dean Canady, 63, of Lumberton, N.C., owned …
The U.S. Senate has approved legislation that would eliminate the requirement that new-car dealerships keep on hand an information booklet about insurance. The bi-partisan legislation, H.R. 5859, endorsed by the National Automobile Dealers Association, passed the House in late July …
The owners of the 900,000 Alabama vehicles without liability insurance stand a better chance of getting caught starting Jan. 1. That’s when the state will start enforcing a law designed to crack down on motorists who don’t abide by Alabama’s …
Progress in making insurance regulatory changes has been slow, and there’s really nothing to indicate that the situation will change in the near future. The United States, however, has managed to make some relevant changes, despite the fact that it …
A West Virginia radiologist and two Pennsylvania attorneys who were involved in thousands of asbestos lawsuits have been found guilty of civil racketeering for conspiring to fabricate claims against CSX Transportation. The Wheeling, W.Va., jury on Dec. 20 ordered Pittsburgh …
According to data from Progressive Insurance, single-vehicle claims were up 30 percent on New Year’s Day 2012, when compared to the same day of the week two weeks prior to and after New Year’s Day. The total number of claims …
Facebook’s Instagram photo sharing service has been hit with what appears to be the first civil lawsuit to result from changed service terms that prompted howls of protest last week. In a proposed class action lawsuit filed in San Francisco …
In the long-running game show of the same name, contestants vie with one another to figure out the right price to win valuable prizes. Insurance pricing isn’t all that different. Managing the ups and downs of pricing cycles and related …
