Monthly Archives: <span>August 2000</span>

“AA-” Assigned to Unitrin

“AA-” counterparty credit and financial strength ratings were assigned to the following property/casualty units of Unitrin Inc.: Trinity Universal Ins....

Framing a Case of Possible Fraud

The owners of a building framing company in Riverside pleaded innocent to charges of defrauding the state and three insurance...

Guilty as Charged

On July 10, Victor Cortez, 38, of Escondido, was sentenced to six years in state prison after pleading guilty to...

Their Deep Pockets Had Holes

Following a nine-month investigation, Mostafa Behesti, 43, and Rahimi Morteza, 59, owners of Castello Inc., along with bookkeeper Emma Luz...

Bull Riding Doesn’t Pay

A Redding man who rode bulls in his spare time was arrested for workers’ compensation fraud. The man, 29-year-old Robert...

BRITS ADOPT E-SIG

Following on the heels of the U.S., Britain legalized electronic signatures on July 25, giving them the same status as...

INSWEB RECOGNIZED FOR XML

ACORD bestowed an Early Adopter Award on online insurance provider InsWeb for its efforts to develop the XML (Extensible Markup...

CNA TO SELL OFF AVIATION

CNA announced July 31 that it entered into an agreement to sell Associated Aviation Underwriters Inc. (AAU) to the British...

OK TO BE SORRY

California Governor Gray Davis signed a new bill into law on July 24 that says apologies or “benevolent gestures of...