Idaho News

From the Fraud Wire … Outrageous Stories Hit the Headlines

A California Department of Insurance Fraud Division investigation allegedly caught a former Folsom, Calif., prison correctional officer on surveillance video riding a jet ski, using a water slide, and doing back-flips off the jet ski while supposedly injured on a …

People & Places

James B. Allen Toledo, Ohio-based agency Hylant Group announced the promotion of James B. Allen to vice president of risk management and vice president legal counsel. In the newly created position of legal counsel, he will assume the additional role …

S&P Publishes Criteria for Finite Reinsurance

Standard & Poor’s Ratings Services announced that it has developed criteria to detect finite reinsurance in the financial statements of insurance companies and adjust their earnings accordingly. S&P noted that in the extreme finite reinsurance is a “form of financial …

Lesniak Joins Venture Programs

Los Angeles-based Venture Programs Inc. announced that Joseph Lesniak has joined the company as vice president of sales in its Western Region office. Based in Los Angeles, Lesniak is responsible for identifying new business opportunities and marketing Venture’s packages, products …

LexisNexis Reports Customer ID Theft

Reed Elsevier today announced that LexisNexis, its global legal and business information business, has identified a number of incidents of potentially fraudulent access to information about U.S. individuals at its recently acquired Seisint unit. Information on approximately 32,000 individuals may …

‘Cheeseburger’ Bills Fill State Lawmakers’ Plates

Nebraska state Sen. Jeanne Combs used to weigh more than 300 lbs., and she hopes that fact will carry some weight in her campaign to prohibit people from suing the fast-food industry for making them fat. Combs, who represents District …

ChoicePoint Reported to Have Had Previous ID Theft

Two Nigerian-born siblings were arrested in 2002 on charges of tapping into ChoicePoint Inc.’s vast database of personal information, a security breach similar to one announced by the data warehouser last month, a newspaper reported this week. Bibiana Benson, 39, …

AIA: Increasing Idaho’s Speed Limit for Large Trucks will be Disastrous

Raising the speed limit for large trucks and other vehicles on Idaho’s state highways is a recipe for disaster, according to the American Insurance Association. S. 1133, sponsored by the Idaho Department of Transportation, seeks to increase speed limits on …

‘Cheeseburger’ Bills Filling Up Lawmakers’ Plates in 17 States

Nebraska state Sen. Jeanne Combs used to weigh more than 300 lbs., and she hopes that fact will carry some weight in her campaign to prohibit people from suing the fast-food industry for making them fat. Combs, who represents District …

AIA SAYS INCREASING IDAHO’S SPEED LIMIT IS DANGEROUS:

Increasing Idaho’s speed limit from 65 mph to 75 mph is dangerous public policy, according to the American Insurance Association. A bill (SB 1082) introduced by the Senate earlier in February will reportedly exact a terrible toll on Idaho’s citizens …