November 5, 2013
New Jersey’s Acting Attorney General John J. Hoffman announced that a northern New Jersey chiropractor pleaded guilty Monday to causing false documentation to be submitted to insurance companies and subsequently receiving more than $89,000 to which he was not entitled. …
November 5, 2013
Moody’s Investors Service announced that it has downgraded the corporate family rating of Cooper Gay Swett & Crawford Ltd. (CGSC) to B3 from B2 “based on challenges in certain international operations, leading to a decline in projected revenues and EBITDA.” …
November 5, 2013
Supporters of a South Dakota ballot measure that would prohibit insurance companies from restricting their customers’ choice of out-of-network health care providers have filed petition signatures seeking a public vote on the measure. KOTA-TV reports that backers of the proposal …
November 5, 2013
Great American Insurance Group, based in Cincinnati, Ohio, announced it has promoted Jane Kornesczuk to divisional executive vice president of its Executive Liability Division (ELD). Kornesczuk joined the company in 1990. Since that time, she has held various positions of …
November 5, 2013
Residents, business owners and officials in Galveston, Texas, are worried about the prospect of flood insurance premiums spiking due to recent changes in federal law. Legislation passed last year to eliminate the National Flood Insurance Program’s multibillion-dollar shortfall will result …
November 5, 2013
Chris-Leef General Agency Inc., in Shawnee Mission, Kan., has acquired H&W Insurance Services Inc., also located in Shawnee Mission at 4210 Shawnee Mission Parkway. H&W specializes in offering insurance products for errors and omissions, directors and officers, cyber liability, employment …
November 5, 2013
USG Insurance Services Inc., a national wholesaler and managing general agent, announced the expansion of its Louisiana operations with the return of Gina Lee as a producer/broker based in Mandeville, La.. Lee most recently held the position of branch manager …
November 5, 2013
Mike Gerik, executive vice president of the Texas Farm Bureau Insurance Cos., has been elected president of the Association of Fire and Casualty Companies in Texas (AFACT). Gerik, whose term as AFACT president runs for two years, also chairs the …
November 5, 2013
CHS Insurance Services LLC is the new name for agribusiness insurance broker Ag States Group, which provides a full line of property/casualty insurance, surety bond products, group benefits, loss control and on-site safety programs, and employer services. CHS Insurance remains …
November 5, 2013
New York Governor Andrew Cuomo announced on Nov. 1 that individuals who drive drunk with a conditional license will now face a felony, which is the same penalty for those who drive drunk with a revoked license. Previously, driving drunk …