Latest Numbers Headlines
All the headlines from our Numbers Topic Page, ordered by recency.
Seven tips for successful insurance process outsourcing
Jan 23 2006 // Outsourcing often receives a bad rap, with large corporations using it to reduce staff count, bureaucracy and overhead. However, for smaller companies such as small and medium sized insurance agencies, outsourcing can be a...
Seven ways to benefit by trading with other agents
Jan 23 2006 // Some days it seems that you are in battle with every person who sells property casualty insurance. It’s easy to view other local independent and exclusive agents as the enemy. This assessment is understandable, but...
Seven tips for successful insurance process outsourcing
Jan 22 2006 // Outsourcing often receives a bad rap, with large corporations using it to reduce staff count, bureaucracy and overhead. However, for smaller companies such as small and medium sized insurance agencies, outsourcing can be a...
Two N.Y. Workers’ Comp Trusts to Close as Board Toughens Standards
Jan 2 2006 // Two of New York’s 70 workers compensation self-insurance trusts are being shut down for their inability to meet financial standards set by state officials. The two trusts are the Provider Agency Trust for Human...
Two Companies Request Rate Increases in Fla.
Jan 2 2006 // Liberty Mutual and Federated National insurance companies have asked Florida regulators for double-digit rate increases. Liberty Mutual Insurance Co. wants to raise rates by a statewide average of 25 percent, and Federated...
Eight Arrested Staging Miami Auto Crash
Jan 2 2006 // Eight members of an alleged staged-crash-ring, accused of filing more than $100,000 in fraudulent insurance claims in a staged accident have been arrested in Miami. Brothers and suspected ringleaders Jimmy Desir, 27, and...
Four claim types common at Bureau of Workers’ Compensation Fraud
Jan 2 2006 // Premium fraud, working without workers’ compensation coverage, fraudulent certification and claimant fraud are common types of fraud encountered by the Bureau of Workers’ Compensation Fraud, Vincent Mazzara,...
Four claim types common at Bureau of Workers’ Compensation Fraud
Jan 1 2006 // Premium fraud, working without workers’ compensation coverage, fraudulent certification and claimant fraud are common types of fraud encountered by the Bureau of Workers’ Compensation Fraud, Vincent Mazzara,...
Three Plead Guilty to Scam Involving Unneeded Surgeries
Dec 29 2005 // Three operators of an Orange County, Calif., clinic pleaded guilty to charges they bilked insurers out of nearly $15 million by operating on healthy people, authorities said. Scheme mastermind Tam Vu Pham, 41, faces 13...
Four Key 2006 Goals Outlined by Florida Big ‘I’ President
Dec 28 2005 // The Florida Association of Insurance Agents has four key goals to accomplish in 2006 according to Jeff Grady, FAIA president and CEO, first, to pass its property insurance market proposal; second, to pass FAIA’s...
Five Major Hurricanes Expected in 2006
Dec 19 2005 // Seventeen named storms could strike the Atlantic basin next year, with nine developing into hurricanes, if predictions by William Gray and Philip Klotzbach of Colorado State University based in Ft. Collins come true. They...
Nine Broward County Residents Indicted for Falsifying FEMA Claims
Dec 19 2005 // Arrests of nine Broward County residents indicted for defrauding the Federal Emergency Assistance Agency to obtain disaster relief after last year’s Hurricane Frances have been announced jointly by R. Alexander...
Five Major Hurricanes Expected in 2006
Dec 19 2005 // Seventeen named storms could strike the Atlantic basin next year, with nine developing into hurricanes, if predictions by William Gray and Philip Klotzbach of Colorado State University based in Ft. Collins come true. They...
Six Indicted for False Katrina Claims
Dec 19 2005 // Six Mississippi residents have been indicted by a federal grand jury on charges of making false claims to the Federal Emergency Management Agency in an effort to obtain relief funds from Hurricane Katrina. The Gulfport Sun...
Six Arrested in Suspected Calif. Workers’ Comp Fraud Ring
Dec 13 2005 // California Insurance Commissioner John Garamendi has announced the arrest of six suspects following a two-year, multi-agency undercover investigation into an alleged insurance fraud “mill” that reportedly...
Eight Key Litigation Trends
Dec 5 2005 // Following are key findings in the 2005 Fulbright and Jaworski 2005 Litigation Trends Survey. 1) Litigation Dockets –Eighty-seven percent of American companies are engaged in some form of litigation in the United...
Two Convicted in 2004 Murder of Insurance Agent in Philadelphia
Nov 23 2005 // A judge this week convicted two men of the murder of an insurance agent whose body was found in a North Philadelphia trash bin last year. Common Pleas Judge Jane Cutler Greenspan, after a nonjury trial, convicted Michael...
Three Residents Charged With Making False Hurricane Katrina Claims
Nov 21 2005 // Three Mississippi residents have been accused of making false claims to the Federal Emergency Management Agency for Hur-ricane Katrina relief funds. Dunn Lampton, U.S. Attorney for the southern district of Mississippi,...
One Year After Spitzer, Brokers and Risk Managers Report Shifting Roles
Nov 3 2005 // A year after the contingent commission scandal rocked the commercial insurance industry, new research from Advisen Ltd. has found significant shifts in the relationship between commercial insurance buyers and their brokers...
Two OIR Orders Protect Florida Victims of Hurricane Wilma
Nov 1 2005 // Two protective orders, one protecting consumers from being dropped by their insurers while repair work is being done, and a second prohibiting insurance companies from canceling of non-renewing any insurance policy until...
