An owner of a construction company in Orlando, Florida. is being charged with workers’ compensation premium fraud and engaging in an organized scheme to defraud, according to a statement from the Florida Department of Financial Services. Chief Financial Officer Jeff …
The IMA Financial Group Inc. has acquired Waldman Bros, a Dallas-based insurance brokerage offering commercial insurance solutions, employee benefits and high-net-worth private client insurance expertise. The subsidiary IMA | Waldman is a Dallas-based division with nearly 70 employees and combines …
The South Carolina Department of Insurance (SCDOI) has issued a data call for property and casualty insurers writing residential property in the state in an effort to inform South Carolina’s coastal homeowners of the discounts available for performing risk mitigation …
A new group trying to reduce metal theft from agriculture operations in Mississippi, Louisiana and Arkansas. Mississippi Secretary of State Delbert Hosemann said his office is creating a Mississippi Delta Agricultural Theft Task Force to connect law enforcement agencies, scrap …
A recent Iowa rail safety study says Dubuque County remains vulnerable to crude oil or biofuels spills more than a year after several railcars carrying ethanol derailed along the Mississippi River. The state’s Department of Transportation and Homeland Security and …
Police in Sioux Falls, S.D., are looking for the vandal who damaged construction equipment to the tune of $400,000. Police spokesman Sam Clemens says the vandal was able to turn on a backhoe and tipped over a pickup truck, a …
Michigan’s state worker safety agency didn’t issue fines in the majority of asbestos abatement cases where it found serious violations during the past seven years, and not one company was fined the maximum $7,000, a newspaper reports. Fines weren’t issued …
The Texas Department of Insurance reported it has been getting questions about deductibles after back-to-back storms hit the North Texas area. Insurers have the ability to make decisions on deductibles on a case-by-case basis. In situations where an insurer has …
Road crashes are the world’s leading cause of preventable death and injury in people under 35, accounting for 5 million casualties every year. Repeat offenders make a disproportionate contribution to these statistics – and are known for their poor response …
A.M. Besthas downgraded the financial strength rating (FSR) to B++ (Good) from A- (Excellent) and the issuer credit rating (ICR) to “bbb+” from “a-” of Financial American Property and Casualty Insurance Company (FAMPAC) , Kerrville, Texas. The outlook for the …
