$309 Million The Federal Emergency Management Administration has determined nearly 70,000 households wrongly received $309.1 million in grants related to Hurricane Katrina recovery efforts, and officials acknowledge those numbers are likely to rise. According to the Associated Press, in the …
Arkansas Insurance Commissioner Julie Benafield Bowman announced that suspected insurance fraud ringleader, Frederick Watson, turned himself in to Little Rock Police on Feb. 13, 2007. Watson is alleged to have masterminded a car crash ring operation which defrauded insurance companies …
The National Association of Insurance Commissioners named its 2007 committee chairs and vice chairs. The new committee assignments are for one year. International Insurance Relations Committee: Chair Diane Koken, commissioner, Pennsylvania Insurance Department, and Vice Chair Dorelisse Juarbe Jiminez, commissioner, …
Former NBA Chicago Bulls star Scottie Pippen must pay a bank more than $5 million in a breach of contract lawsuit involving a loan for a business jet, an appeals court ruled. This past week’s ruling by the Missouri Court …
Arkansas Insurance Commissioner Julie Benafield Bowman commended the Cabot School District and Great American Insurance Company in reaching a final settlement of the School District’s claim for losses to the Cabot Junior High School building and its contents, resulting from …
The sign-up fee to attend the annual Arkansas Workers’ Compensation Educational Conference has a discounted rate for early registration through March 15, the Arkansas Workers’ Compensation Commission announced. This conference, to be held April 4 – 6 in Hot Springs …
Arkansas Insurance Commissioner Julie Benafield Bowman announced suspected insurance fraud ringleader, Frederick Watson, turned himself in to Little Rock Police on Feb. 13, 2007. Watson is alleged to have masterminded a car crash ring operation which defrauded insurance companies of …
Helmetless motorcyclists need not fear arrest in Arkansas unless the sponsor of a measure to require helmets decides he can muster the votes in the state Senate to remove his proposal from a committee that declined to endorse it. The …
Chicago-based HUB International Limited announced it has agreed to acquire substantially all of the assets of Louisiana-based insurance brokerage, Hibernia Insurance Agency L.L.C. Hibernia Insurance, an $18 million revenue brokerage firm, will become a new regional platform (hub) doing business …
The violent thunderstorms in Central Florida in early February, spawned powerful tornadoes that killed at least 20 people is a deadly reminder of the constant threat insurers face against tornado exposures. Tornado-related losses account for 24.5 percent of insured catastrophe …
