November 5, 2009
A San Francisco investment manager is facing a maximum sentence of 20 years in prison after pleading guilty to fraud. Federal prosecutors say in pleading guilty to mail fraud Tuesday, Alexander Trabulse admitted that he mailed fraudulent account statements to …
November 4, 2009
Federal weather officials are beefing up their storm detection abilities in the Green River basin south of Seattle in hopes of better predicting flood threats, according to an article in the Seattle Times. Next month, the National Weather Service will …
November 4, 2009
A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from’ B++’ (Good) and issuer credit ratings to “a-” from “bbb+” of Arbella Insurance Group and its members. Arbella consists of Arbella Mutual Insurance Company, majority-owned subsidiaries Arbella …
November 3, 2009
The major online insurance leads provider, www.insuranceleads.com, will offer a no-cost web cast seminar allowing insurance agents in every field to improve their marketing skills and take advantage of several industry tips and precautions. North Hollywood, CA, November 3, 2009 …
November 3, 2009
Raleigh, North Carolina-based BB&T Insurance Services, the nation’s seventh largest insurance broker, said it has expanded its southwest Florida operation with the acquisition of Oswald Trippe and Co. Inc. of Fort Myers. Terms were not disclosed. In addition to its …
November 3, 2009
California’s Department of Insurance is reducing fees by 9.8 percent. The fee reduction is possible because the Department has increased efficiency, according to a press release. The fees fund the Department’s regulatory activities. “When I came into office, I ordered …
November 3, 2009
Synergy Professional Associates, of Kinnelon, N.J., has announced that Myles Alonzo has recently joined Synergy as manager of their new West Coast office. Alonzo will be based out of the San Francisco Bay Area and will be responsible for brokering …
November 2, 2009
Those tax-free spending accounts that employees use to help pay for dental work, insurance copayments or over-the-counter drugs face a hit under the health overhaul bills in Congress, unless a coalition that includes a powerful union, insurers and others can …
November 2, 2009
Health care legislation headed for a vote in the House would give the Federal Trade Commission authority to look into the health insurance industry at its own initiative, Democratic officials said. The FTC, which investigates alleged anticompetitive practices, has been …
November 2, 2009
Looking out 12 to 24 months, small business owners say their companies will emerge from the recession strong and well positioned for growth over the next two years, leading the U.S. to economic recovery. According to new study, The Guardian …