Elderly Should Be Vigilant to Avoid Scams, California State Insurance Commissioner Poizner Warns. The warning comes on the heels of a $15,000 fine against Annuity Services Insurance Center for deceptive advertising practices targeting senior citizens in California. Poizner said seniors …
A former New York State Corrections officer who reportedly owned two Delaware sandwich shops surrendered to authorities in New York last week to face workers’ compensation fraud charges initiated by the New York State Insurance Fund. Donald Walker, of Middleton, …
The insurance company for the city of Miami Beach has been ordered to pay $5.75 million in damages to the families of a man and the woman he tried to save from drowning. Monticello Insurance Co. had refused to pay …
Richard P. Rooney has been named vice president of inland marine for Harleysville Insurance’s Mid-Atlantic and Northeast regions. In this position, he oversees the company’s inland marine underwriting efforts in Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New …
Drunken driving fatality rates have fallen in 40 states and the District of Columbia, an encouraging sign that crackdowns are improving highway safety. The Transportation Department said that 11,773 people were killed in drunken driving crashes in 2008 for a …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Campgrounds, Dude Ranches & Other Outdoors Risks Market Detail: Hull & Company Inc. has availability …
Insurance agents in Alabama and Louisiana may now access the services provided by TAPCO Underwriters Inc. (TAPCO), a Burlington, N.C.-based MGA that specializes in high-volume, middle-market excess and surplus insurance lines. The company explained in its announcement that it has …
The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved the renewal of the Certificates of Authority for 13 companies to self-insure for workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Regulation program. These 13 companies …
American International Group, Inc. (AIG) today said that it has closed two previously announced transactions with the Federal Reserve Bank of New York (FRBNY) that have reduced the debt AIG owes the FRBNY by $25 billion in exchange for the …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Bison Insurance Company Limited, both with stable outlooks. “The ratings,” said Best, “reflect Bison’s historically adequate capitalization, generally favorable operating …
