New York Attorney General Eric Schneiderman announced the arrest of an alleged scam artist, Arthur Bogoraz, who officials contend devised a massive scheme to defraud insurance companies out of millions of dollars. Bogoraz has allegedly defrauded no-fault insurance providers by …
Property insurer Chubb Corp. Wednesday warned it would report up to $475 million in pretax catastrophe losses in the third quarter, most of it coming from late August’s Hurricane Irene. Chubb said $300 million to $375 million of the $400 …
The Pennsylvania Department of Labor & Industry announced relief measures for State Workers’ Insurance Fund (SWIF) policyholders affected by flooding caused by Tropical Storm Lee. “Helping employers rebuild is an important part of the state’s economic recovery,” Department Secretary Julia …
San Diego, Calif.-based Align Financial Group LLC has partnered with private equity firm Excellere Partners, of Denver, to form Personable Holdings Inc., an independent, non-standard auto insurance provider. Personable Holdings recently acquired the non-standard auto insurance operations of Align General …
Summit Business Media has sold its insurance financial information unit. Another financial information firm, SNL Financial, said it has acquired the Summit Business Media insurance information services unit, Highline Data, which resells insurance company data from regulatory agencies. Terms were …
California Insurance Commissioner Dave Jones explained during a public hearing in Sacramento on Tuesday why the Workers Compensation Insurance Rating Bureau is restructuring how the state’s workers’ compensation pure premium rate is calculated, a move that was supported by the …
San Jose-resident Staci Robinson has joined Iroquois Southwest as a regional manager for California. Robinson has more than 14 years of insurance experience, having worked as a territory manager with a major carrier after working on the product development side …
An Indiana law that caps the state’s liability for damages at $5 million for a single event violates the U.S. and state constitutions and should be thrown out, six plaintiffs suing over the deadly collapse of an Indiana State Fair …
Insurance broker Lockton has expanded its healthcare practice with the addition of Hal Kinsey as senior vice president, director, healthcare, in its St. Louis, Mo. office. Kinsey has extensive experience in developing professional liability insurance programs for healthcare organizations. He …
Arkansas’ top insurance official has asked lawmakers to support the state’s application for a nearly $3.8 million grant to plan for creating an insurance marketplace under the health care law, money that Gov. Mike Beebe says he won’t seek unless …
