Monthly Archives: <span>June 2013</span>

Report Recommends Changes at South Dakota Division of Insurance

A department secretary’s report on the South Dakota Division of Insurance is recommending increased oversight from supervisors and the secretary, better staff communication and a new informal settlement process, state officials said. Gov. Dennis Daugaard earlier this month requested the …

N.Y. Attorney General Announces Conviction in Multi-Million Dollar Insurance Scheme

New York Attorney General Eric Schneiderman announced this week the felony conviction of an insurance fraudster who scammed no-fault insurance companies out of millions of dollars. Officials said Arthur Bogoraz pleaded guilty to Money Laundering in the Second Degree (a …

Liberty Mutual Expands Home Office in Boston With Ribbon Cutting Ceremony

Liberty Mutual Insurance held a ribbon cutting ceremony today at the company’s new 22-story, 590,000 square-foot office building at 157 Berkeley Street in Boston.Liberty Mutual Insurance Chairman and CEO David Long was joined at the ceremony by Boston Mayor Thomas …

Bethesda, Md., Ranked as Most Secure Metro Area in Farmers Insurance Study

The Bethesda–Gaithersburg–Frederick region in Maryland was ranked as the most secure large U.S. metro area in the latest study published by Farmers Insurance Group of Companies. This annual study defines large metropolitan areas as regions with population of 500,000 or …

Obama Administration Issues Contraceptive Rule For Faith-Based Employers

The Obama administration on Friday issued its final rule requiring health insurance coverage of contraceptives for the employees of religiously affiliated universities, hospitals and other institutions, just as the new policy faces mounting legal challenges. Officials said the rule does …

MHBT Acquires Wells Fargo Insurance Office in Texas

Dallas, Texas-based MHBT Inc. has acquired Wells Fargo’s insurance brokerage operations in Lubbock, Texas. The deal includes all operating assets and operations of the Lubbock office of Wells Fargo Insurance, including five team members. MHBT has offices in Dallas, Fort …

Irving Weber Associates Names Account Executive in New York

Irving Weber Associates Inc. (IWA Inc.) appointed Sharon Handel as account executive. In her new role, she will focus on dry cleaning insurance and commercial launderer insurance services. Handel brings six years of experience in the commercial insurance industry to …

Weather Service Confirms Modest Oregon Tornado

A National Weather Service spokeswoman says a modest tornado did indeed touch down near the tiny Oregon town of Birkenfeld in the North Oregon Coast Range. The Tuesday afternoon tornado was classified as an EF-0, which means it had wind …

Study: California Low-Wage Workers Cheated Of Awards

A new study says thousands of low-paid California workers were cheated out of money they won against employers who broke the law. The report, to be released Thursday, says many companies escaped judgment by dissolving and taking new names. The …

San Francisco Paper Sues Rival Over Low Ad Rates

The San Francisco Examiner has filed a lawsuit alleging that the city’s dominant daily newspaper, the San Francisco Chronicle, has slashed advertising prices to stifle competition. The suit claims Chronicle owner The Hearst Corp. and officials at the paper took …