A Monmouth County, New Jersey, woman has been indicted for allegedly submitting more than $500,000 in bogus invoices to her health insurance company. A state grand jury indictment alleges that from March 2011 and March 2013, 40-year-old Middletown resident Donna …
Small businesses in eight New Mexico counties are eligible for federal disaster loans due to the drought. The U.S. Small Business Administration made the announcement Friday, saying the loans can help offset economic losses from reduced revenues caused by the …
The National Association of Insurance Commissioners announced that the Arizona Department of Insurance has licensed State Based Systems, an NAIC-owned and operated regulatory tool. “We are confident in the ability of SBS to help us significantly streamline our processes and …
Arthur J. Gallagher & Co. recently announced the acquisition of American Wholesalers Underwriting in Stamford, Conn. Terms of the transaction were not disclosed. Established in 1994, American Wholesalers Underwriting is a managing general agent and program manager which provides commercial …
Ohio’s watchdog released his much-anticipated investigative report on the investment scandal that engulfed the state in 2005, concluding the worker’s compensation insurance organization where it started has become significantly more professional and accountable. Inspector General Randall Meyer made no new …
This post is part of a series sponsored by CoreLogic. After one of the quietest hurricane seasons in decades, The Weather Channel predicts a below-average 2014 Atlantic Hurricane season. The early outlook released March 24, 2014 calls for 11 named …
The state Public Service Commission has sent warnings to two ridesharing companies that they need the commission’s permission to offer services in Nebraska. The commission issued letters to Lyft and Uber, two San Francisco companies that use smartphone applications to …
Texas Department of Insurance Fraud Unit opened investigations into more than 550 insurance fraud cases in 2013. More than $10.3 million in insurance fraud was identified in criminal cases referred for prosecution in 2013, the department said. Court-ordered restitution for …
Homeowners seeking coverage from Citizens Property Insurance could wind up getting policies from out-of-state insurers that are exempt from many of the state regulations other insurers must honor. The Florida Senate on Friday voted 22-16 for a property insurance bill …
XL Group announced that XL Group’s North America Primary Casualty business is operating under a new banner—Global Risk Management. XL’s Global Risk Management team works to build risk management programs, including general liability, workers’ compensation, and commercial auto, for large …
