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ChoicePoint faces class action lawsuit it claims is baseless, association contemplates what action to take Two insurance producers have filed a class action lawsuit against ChoicePoint Inc., ChoicePoint Services Inc., ChoicePoint Online and certain officers and directors, alleging, among other …

La. Agent Fined $14K, Told to Cease Business of Insurance

An Angie, La., insurance agent was issued a cease and desist order, summary suspension and served with a $14,000 civil fine notice recently for alleged misappropriation, document forgery and filing false public documents, the Louisiana Department of Insurance reported. Kimberly …

Mich. Gov. Proclaims Oct. 22-26 Auto Theft Prevention Week

Michigan Governor Jennifer Granholm has deemed the week of Oct. 22-26 as “Turn Up the H.E.A.T. Week.” The purpose is to activate residents to increase their awareness of auto theft prevention measures and to report what they know about auto …

Premier Insurance in Mass. Changing Brand to Travelers

As Massachusetts gears up for a switch to a more competitive personal auto insurance market, one of its domestic auto insurers, Premier Insurance Co., will adopt the well-known brand of its parent, Travelers Insurance. Offically, the Premier Insurance Company of …

Woman Convicted of Stealing Identities of Nearly 500 Alabamians

A woman who worked for the company that processes Alabama Medicaid claims on pleaded guilty to charges of stealing the identities of nearly 500 Alabamians, Attorney General Troy King said. Kwantrice Thornton, 24, was charged with stealing the information from …

2 from N.C. Arrested on Numerous Charges of Insurance Fraud

North Carolina officials arrested two individuals on charges of insurance fraud and automobile title fraud this week. Andrea Martinez Hernandez, 33, and Octavio Telles Segura, 30, allegedly share three Elizabeth City, N.C., addresses but are believed to actually reside in …

ID Fraud Touches 250,000 Washingtonians Per Year

Criminal activity in identity fraud touches more than a quarter of a million victims each year in Washington state, and “sucks” well more than $1 billion from the state’s economy, according to Seattle-based PEMCO Insurance. Fraud crimes account for losses …

Data breaches expose businesses while highlighting need for coverage

New data compromise coverage helps businesses respond when data loss occurs The breach of personal data stored in business files and computers is a serious risk for any company that controls the information. Customers and employees may become the victims …

BOPs deliver more now than in the old days

Today’s small, medium-sized owners get more and better coverage options in their business owners policies The business owner policy (BOP) of today is not the BOP of yesterday, industry experts agree. When the first BOP coverage was introduced in the …

Man Caught in Glass-Eating Insurance Fraud Scheme Sentenced in Mass.

A federal court in Boston sentenced a man to more than five years in prison for his role in a multistate insurance fraud scheme in which prosecutors said he and his wife intentionally ate glass fragments and collected more than …