Brian Wynn Stevens, 34, of Helendale, pled guilty to one count of insurance fraud stemming from an auto accident that occurred while he was uninsured, according to an investigation by the California Department of Insurance (CDI). He was sentenced to …
London American General Agency announced its new exclusive California Used Car Dealer Program. Written through an A VX rated insurer, this program is underwritten in-house and the carrier is non-admitted. Coverage Details ·300K/500K/1Mil. limits available ·Up to 250K TIV available …
The A.M. Best Company has upheld its rating of “A” (Excellent) to the Cooperative of American Physicians Inc. – Mutual Protection Trust (CAP-MPT), a provider of medical professional liability protection for more than 7,000 California physicians. According to A.M. Best, …
Eduardo Rodriguez, 61, a former governor of Quezon Province in the Philippines, was held to answer on multiple charges, including reportedly faking the deaths of his mother-in-law and wife to illegally collect more than $150,000 on insurance policies. Rodriguez was …
A.M. Best has completed its evaluation of Los Angeles-based Topa Insurance Company and affirmed a rating of “A-” (Excellent) with a stable outlook. The rating is based on the consolidation of Topa Insurance Company and its wholly-owned, separately rated subsidiary, …
San Rafael, Calif.-based Fair Isaac Corporation announced two new appointments to their executive staff. Cy King has been appointed vice president of Property and Casualty Predictive Analytic Solutions and Joel Portice has been named vice president of Healthcare Solutions. These …
Workers currently receiving Washington workers’ compensation time-loss or pension benefits will receive a 1.9 percent cost-of-living increase on July 1, 2003. The new maximum monthly benefit will be $3,794, which is 120 percent of the state’s average monthly wage for …
Gwendolyn Henson, 40, of Montclair, Calif. pled guilty last week to insurance fraud charges and was sentenced to 180 days in jail and three years of formal probation. California Department of Insurance (CDI) fraud investigators arrested Henson for the felony …
California Insurance Commissioner John Garamendi released a statement regarding bogus workers’ compensation insurance: “Bogus workers’ compensation insurance is a serious and growing threat to employers in the State of California. An alarming number of reports indicate that unscrupulous firms are …
California Department of Insurance (CDI) Fraud Division investigators, with the assistance of the Glendale Police Department, arrested Robert Galante, 45, of Simi Valley, on a felony warrant charging him with two counts of workers’ compensation fraud. The Ventura County District …
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