Two companies are suing West Virginia’s workers’ compensation writer BrickStreet Mutual Insurance Co. over agent commissions. Aero-Fab Inc. and The Bunch Co. allege that Brickstreet is billing companies for the commissions as part of their workers’ compensation premiums, even if …
Luis Borovinsky has been named regional assistant real estate manager for California State Compensation Insurance Fund’s Southern California operations. Borovinsky joined the organization’s Santa Ana District Office in 1991 when he was hired as a claims adjuster. His most recent …
California Insurance Commissioner Steve Poizner is seeking $12.6 million in fines and penalties against health insurer Blue Shield for violations regarding healthcare rescissions and irresponsible claims processing. The commissioner’s actions follow a market conduct exam of Blue Shield by the …
Louisiana Workers’ Compensation Corporation (LWCC) has promoted Geoff Jorgensen to business unit manager for the company’s small accounts production team. In this position, Jorgensen will be responsible for managing a multi-functional team consisting of underwriting, customer service and administration, the …
A settlement in the amount of $435,298.25 has been reached between Reba Irons of Fort Smith, Ark., and Allianz Life Insurance Company of North America in a case involving John Phillip Middleton, an insurance agent who sold annuities for the …
The Louisiana Medical Mutual Insurance Company (LAMMICO) Board of Directors elected Thomas H. Grimstad, M.D., as its new president and chief executive officer. Dr. Grimstad will succeed John E. Lemoine, M.D., effective Jan.1, 2008. Since LAMMICO was founded in 1982, …
At least three insurers whose 2008 Massachusetts auto insurance rates have been questioned by officials have agreed to revise them and other insurers are under pressure to do the same. Massachusetts Insurance Commissioner Nonnie Burnes last Friday raised concerns with …
California’s State Compensation Insurance Fund “has weak corporate governance, inadequate internal controls in various areas and a general inability to plan for the long-term,” according to an operational review report released by the state Department of Insurance. Following up on …
Upstate South Carolina-based insurance agent/brokerage and consulting firm, Rosenfeld Einstein, recently added Neal Ashley as controller. Ashley is a practicing certified public accountant and holds both B.A. and Master’s degrees in accounting from Clemson University. Prior to joining Rosenfeld Einstein …
United States District Court Judge Nancy G. Edmunds of the Eastern District of Michigan in a final judgment ordered United National Insurance Co. to pay the city of Sterling Heights $14,640,632.90 plus taxable costs as damages for United National’s breach …
