July 18, 2005
The Louisiana State Police announced the arrest of Sam Medica, age 42, of Alexandria, who is charged with LRS 14:67.16 Identity Theft (1 Count). Medica’s arrest follows a year-long investigation that began when insurance fraud detectives received a complaint from …
July 18, 2005
Arkansas P/C Claims Reports Hearing Scheduled The Arkansas Insurance Department will hold a public hearing July 27 to determine whether Insurance Commissioner Julie Benafield Bowman should revise and re-adopt Rule and Regulation 61, “Insurer Reports of Arkansas Property and Casualty …
July 18, 2005
Insurance companies for northern Idaho grass farmers have agreed to settle a class-action lawsuit brought by area residents over pollution from growers’ annual field burning. The amount of the settlement hasn’t been announced, said an attorney for most of the …
July 18, 2005
A small northcentral Idaho city is in danger of losing its insurance Aug. 1 amid turmoil that includes the departure of its police chief in January and resignations of its city attorney and two clerks over the past couple weeks. …
July 12, 2005
The insurance industry has come out on top but unfortunately it’s in a survey of about 10,000 respondents that looked at wasting time in the workplace. Data was gathered by America Online and Salary.com, where workers apparently had time to …
July 11, 2005
Under a new law signed by Governor M. Jodi Rell, consumers in Connecticut will have the right to put a security freeze on their credit files to prevent identity thieves from opening new credit accounts in their names. Also, businesses …
July 8, 2005
Bermuda’s XL Capital Ltd. has announced today that its second quarter 2005 results will be adversely impacted by an increase in net reserves in its North American reinsurance operations of $191 million pre-tax. “The after tax charge is $183 million …
July 5, 2005
Privately owned Dallas-based insurance brokerage, McQueary Henry Bowles Troy, LLP (MHBT), recently accepted the Alfred P. Sloan Award for Business Excellence in Workplace Flexibility at an event hosted by the Dallas Chamber of Commerce at the Park City Club. The …
July 1, 2005
Kurt Karl, Swiss Re’s chief economist in North America, led the reinsurer’s Mid-year Economic and Insurance Industry Teleconference yesterday, June 30. The panelists forecast that a “modest rise in inflation accompanied by firm economic growth” would cause the Federal Reserve …
July 1, 2005
The Louisiana State Police reported that troopers from its fraud unit have arrested Sam Medica, age 42, of Alexandria, who is charged with LRS 14:67.16 Identity Theft (1 Count). The arrest follows a year-long investigation that began when insurance fraud …