Farmers Insurance Exchange, Los Angeles, has begun serving civil summons and complaints on Redding, Calif.-based auto glass company Onsight Auto Glass and its owner. Farmers is accusing the company of taking part in a scheme designed to defraud the insurer …
Utah insurers faced a busy and difficult year during the Utah 2006 legislative session, according to the American Insurance Association. “Insurers had to play a lot of defense this year,” said Steve Suchil, AIA assistant vice president for the western …
Damage inspectors from the Federal Emergency Management Agency (FEMA) have begun meeting with California homeowners and renters who registered for disaster assistance after the severe flooding in December and January. FEMA schedules inspections to verify property damage and losses within …
Speaking at the World Insurance Forum in Bermuda, Hemant Shah, Risk Management Solutions CEO, warned that insurers should be preparing to increase their reserves for catastrophe losses, not only due to the unprecedented 2005 hurricane season, but also to prepare …
US Airways cannot collect insurance for post-9/11 business losses because it already received money for that purpose from the federal government, the Virginia Supreme Court ruled March 3, according to an Associate Press report. The Tempe, Ariz.-based air carrier received …
Vermont workers’ compensation rates are moderating for the third year in a row, Commissioner John P. Crowley of the Department of Banking, Insurance, Securities and Health Care Administration announced. Crowley approved a loss cost increase of 1.4 percent for the …
Purse snatching has traditionally been a crime directed against women, but the growing use of small electronic devices by men, frequently carried in bags, has increasingly made them the victims of grab and run thieves. Lloyd’s notes that “bag theft” …
A Worcester, N.Y., farm owner has been arraigned on charges in connection with a fire that killed 24 cows. Peter Mravlja was charged with arson, insurance fraud and witness tampering following a nearly three-year investigation by local authorities and the …
Expanding its servicing capabilities for new and existing clients, Starr Technical Risks Agency, Inc. announced at press time that it will begin immediately offering commercial insurance coverages by ACE USA and Berkshire Hathaway Group. Starr Technical, which specializes in complex …
Delaware Insurance Commissioner Matt Denn asked for additional staff to investigate complaints against insurance companies and agents as well as fund an Internet insurance rate comparison service that would be the only one of its kind in the country. Over …
