The office manager of a Stamford, Conn., dental practice has pleaded guilty to using a retired dentist’s records to charge insurance companies almost $600,000 for work that was never performed. Elena Ilizarov pleaded guilty in federal court this week to …
An Albany insurance broker has been sentenced to nine years in prison for a $1 million securities fraud scheme. Lawrence D. Rosenbaum previously pleaded guilty to charges including grand larceny and securities fraud. He also admitted failing to file state …
Chicago-based global insurance brokerage Hub International Limited (Hub) has acquired the assets of BCI Group Inc. (BCI) and its subsidiary, Plus Point Services Inc. (Plus Point). Both are based in Portland, Ore. Terms of the acquisition were not disclosed. BCI …
As they grapple with persistently soft market conditions, medical professional liability (MPL) underwriters must weigh the potential impact on their business of proposed changes in the U.S. healthcare financing system. As they gathered in Chicago for their annual meeting, MPL …
Surgery patients often go home from the hospital with a prescription for painkillers to take as they recover. But a new study suggests that doctors should also focus on patients who were taking such medicines before their operations. People who …
Warren Buffett’s compensation for running Berkshire Hathaway Inc. edged up 4.0 percent last year to $487,881 reflecting the higher cost of keeping the world’s second-richest person safe. Buffett’s pay was disclosed in a Friday regulatory filing, in which Berkshire also …
Ironshore Specialty Casualty has enhanced its transition protection policy form to address contractual exposures related to an organizational merger or acquisition specific to the construction industry. Ironshore’s Construction Transition Protection product provides coverage for abrupt and accidental property damage or …
General Star Management Company has launched a food delivery insurance program through its General Star Programs Unit. AmWINS Program Underwriters will administer the program designed for hired and non-owned auto liability risks engaged in food delivery services. The Food Delivery …
The Mississippi Supreme Court won’t dismiss a state lawsuit against an insurance company over Hurricane Katrina claims. The Sun Herald reports that Attorney General Jim Hood’s lawsuit against insurance giant State Farm Fire and Casualty Co. can go forward. The …
Residents of downtown Raleigh, N.C., were allowed pick up belongings Saturday at dwellings near where a massive fire broke out. Raleigh Fire Chief John McGrath said crews were escorting residents back to where they lived, but that it could take …
