Latest Numbers Headlines
All the headlines from our Numbers Topic Page, ordered by recency.
Two Conseco Directors Removed
Dec 13 2000 // The Board of Directors of Conseco, Inc. voted to remove two of its directors. The action follows a recommendation by a Special Committee of the Board, chaired by outside director John M. Mutz, that persons who owe...
Six Insurance Commissioners Elected; Incumbents Maintain Seats
Nov 20 2000 // Six insurance commissioner seats were up for grabs during the Nov. 7 election, with only two incumbents seeking reelection. Twelve states elect commissioners rather than appoint them. In Delaware, two-term incumbent Donna...
Two New Members Join the iwix.net Team
Oct 23 2000 // In a move to manage and grow its expanding business development efforts, iwix.net, an Internet-based specialty insurance marketplace, recently appointed Timothy C. Woodhull as senior vice president of sales and business...
Three Rules of E-mail
Oct 23 2000 // E-mail is the most effective communication tool since the telephone. In fact, 80 percent of computer users say the top reason for getting and using a computer is e-mail. As an insurance professional, are you making the...
Four States Earn Second Round NAIC Accreditation
Sep 12 2000 // Four states were awarded second-round accreditation certificates today under the National Association of Insurance Commissioners’ Financial Regulation Standards and Accreditation Program. “We congratulate...
Seven Arrested In Bronx Insurance Fraud Sweep
Aug 22 2000 // Seven people, including a 67-year-old medical doctor, have been arrested and charged in connection with various unrelated schemes to commit insurance fraud amounting to nearly $271,000. The arrests are the culmination of a...
Eight Lessons from E-Commerce
Jul 24 2000 // Although every business should be taking full advantage of e-commerce opportunities, not all businesses are e-commerce companies. Yet even those that don’t currently fit an e-commerce model can take advantage of...
Five Star Upgraded
Jul 24 2000 // Irvine-based Five Star Insurance Company was assigned a rating of “A-” by A.M. Best. The company, which has a Financial Size Category of Class IV, previously had a “B+” rating. The rating outlook is...
Two Inducted Into Insurance Hall of Fame
Jul 12 2000 // Hans Gerling, a former senior executive of Gerling Group, and Jose Pinera, the author of Chile’s private national pension system, have been inducted into the International Insurance Society’s Insurance Hall of...
Four Southern Californians Arrested for Employer Premium Fraud Scheme
Jul 12 2000 // Following a nine-month investigation, Mostafa Behesti, 43, and Rahimi Morteza, 59, owners of Castello Inc., along with bookkeeper Emma Luz Guerzon, 46, and Margaro Haro, 37, owner of Haro’s Landscaping, were all...
TWO STARS AND A SMILEY FACE
Jul 10 2000 // A.M. Best Co. has upgraded the financial strength rating of the Farmers Insurance Group to A+ from A. The rating applies to the 18 members of the group and acknowledges Farmers Insurance Group as a core and integral...
Six Firms Eye Aetna
Jul 6 2000 // As many as six companies are considering a bid for parts of Aetna now that talks between the U.S.’s largest health insurer and Dutch insurance giant ING have broken down. Though ING appears to still have an interest...
One Sticky Situation
Jun 26 2000 // Parvez Karim of Panorama City was arrested at his place of employment and charged with three felony counts of workers’ comp fraud. According to CDI fraud investigators, in July of 1997, the 45-year-old man filed a...
Two in Five Have Close Calls With Cell Phone Users
May 5 2000 // A new survey by Farmers Insurance Group shows 87 percent of adults believe using a cell phone while driving impairs a person’s ability to drive. And while only two percent of drivers said they had been in an accident...
Two Sides to Every Story
Apr 3 2000 // Following a 10-month investigation by the CDI Fraud Division, Tina Anne Musso, also known as Tina Triano, was arraigned on insurance fraud charges. On Dec. 13, 1996, Musso allegedly filed a theft report with the San Jose...
