A judge approved a $2.65 billion class-action settlement of claims that ad revenue was counted in a fraudulent manner prior to the merger of America Online and Time Warner. U.S. District Judge Shirley Wohl Kram signed a ruling approving the …
Costco Executive Business Members in Washington will be able to purchase and administer employee benefits insurance online. Concero Technology, a Portland, Ore.-based provider of employee benefits insurance portals, announced that it has expanded the wholesaler giants’ healthcare packages. Costco Wholesale …
Two suspects, Wade Peebles, 55, and Gigi Peebles, 41, have been convicted for workers’ compensation insurance premium fraud, payroll tax fraud and conspiracy, following a California Department of Insurance (CDI) Fraud Division investigation. The Peebles were convicted of three felony …
Good employees are key to your company’s success. The first step in hiring stellar employees is to attract them, similar to how you attract clients. You need to “sell” the potential hire on the benefits of your company, and establish …
Multi-State Agencies IBA West (Alaska, California, Oregon, Washington). Web site: www.iba west.com PIA West (Alaska, Arizona, California, Idaho, Montana, Nevada, New Mexico, Oregon, Washington). Phone: (888) 246-4466. Western Insurance Agents Association (Arizona, California, Colorado, Nevada and New Mexico). Phone: (800) …
A state appeals court in San Jose, Calif. has reinstated a class-action lawsuit alleging that several paint manufacturers knowingly sold harmful lead-based paint products. The Sixth District Court of Appeal on March 10 reversed a Santa Clara County Superior Court …
Standard & Poor’s Ratings Services said that its criteria for measuring catastrophe risk for primary insurers will be revised early in the second quarter of this year. (For reinsurers, there are no current plans to further revise these criteria.) The …
An estimated 500,000 cars were damaged by hurricanes last year. Unfortunately, many of these vehicles have been purchased by dishonest auto dealers, cleaned up and then sold, with their flood damage history illegally hidden, according to the Insurance Information Institute. …
Maine Gov. John Baldacci has signed a law that clarifies the process of cleaning up credit reports of people who become identity theft victims. The law takes effect later this year. Rep. Carol Grose’s clarifies that information that goes in …
The Coalition Against Insurance Fraud is reporting that the Kansas and Missouri legislatures are considering proposals that would require insurers to report suspected frauds and allow the insurance department to issue cease-and-desist orders more quickly. The Kansas House recently approved …
