March 19, 2006
The Antifraud Task Force cited the need for a uniform database that would allow state authorities to track vehicles damaged by floods. Federal Bureau of Investigation targeting insurance fraud Agent reports to insurance regulators on double-dipping, prior damage, stolen property …
March 8, 2006
An attorney for Merck & Co. insisted at the start of another Vioxx trial that the company adequately investigated the drug’s safety and asserted it was heart disease and other ailments, not Vioxx, that led to two former users’ heart …
March 6, 2006
The Federal Bureau of Investigation has been accumulating insurance fraud information since Hurricane Katrina and has filed charges in five cases, R. Allyson Delaney, an FBI analyst in Clarksburg, W.Va. told the National Association of Insurance Commissioners during its March …
March 6, 2006
The Professional Insurance Agents (PIA) Western Alliance has formed the PIA Western Alliance Community Foundation, a partnership formed by the member-agents and independent insurers, to invest in local communities. Insurers and agents representing the nine Western Alliance states –Alaska, Arizona, …
March 2, 2006
When flood waters subside, one of the first things to surface is the scam artist. Officials in Texas and Louisiana have issued warnings about telephone finagling and in-your-face scams. Their advice: Guard your personal information. If you suspect somebody is …
February 24, 2006
The PIA Western Alliance has formed the PIA Western Alliance Community Foundation, a partnership formed by the member agents and independent insurers to invest in local communities. Insurers and agents representing the nine Western Alliance states — Alaska, Arizona, California, …
February 24, 2006
Texas Attorney General Greg Abbott released an urgent message for all Texans to be on the lookout for official-looking e-mails purporting to originate from major financial institutions asking for personal account information. In the latest series of so-called “phishing” scams, …
February 23, 2006
The Bermuda-based PXRE Group Ltd. reported a net loss before convertible preferred share dividends of $446.5 million for the quarter ended December 31, 2005 compared to net income before convertible preferred share dividends of $32.8 million in the fourth quarter …
February 21, 2006
The federal government has paid about $1.5 billion in benefits to thousands of sick nuclear weapons workers under a five-year-old program, but more could be done for thousands of others, says a report by a federal official. The report, made …
February 21, 2006
Travelers personal lines, a member of St. Paul Travelers, now offers hybrid-driving Americans a 10 percent discount on auto insurance. Travelers made the discount available in 27 states with plans to roll it out in most remaining states in the …