Michael D. Gantt has been named president and chief operating officer of the Fiserv Insurance Solutions Group. Gantt, who joined Fiserv in December as chief operating officer of the Insurance Solutions Group, replaces Howard Arner, who is retiring as president. …
London’s Financial Times reports that Benfield Greig, the U.K.’s largest independent international reinsurance broker, is in talks to acquire Dallas-based reinsurance broker EW Blanch. Neither company has made any statement confirming or denying the report. A fusion of the two …
A spokesman for La Réunion Aèrienne, the group of insurers* which covers Air France confirmed an earlier report Monday that they were close to reaching a settlement with the lawyers for the victims of the Concorde crash last July. No …
In keeping with its aggressive and acquisitive nature, Fiserv Inc. announced March 6 that it had purchased Agoura Hills, Calif.-based Facilities and Services Corporation (FSC). The arrangement will allow FSC, which has thus far operated mainly within California, to expand …
The CDI is looking into allegations of premium theft, embezzlement and other violations connected with the Redwood City, Calif.-based Wersching Insurance Agency, which is run by former San Francisco 49er football player Raimund Wersching. CDI investigators served search warrants at …
Following an investigation by the CDI Criminal Investigations Branch and the Los Angeles City Attorney’s Office, Mirna Angelica Alfaro was found guilty after pleading no contest to three counts of selling auto insurance without a license. Hector Antonio Benavente, a …
Investigators with the CDI Investigations Branch have filed charges against Sue Whisenhunt of Camino for insurance fraud, grand theft and perjury. If convicted, the 49-year-old woman could face up to five years in state prison and/or a maximum fine of …
John Blanton Breland of Lodi pled guilty to four felony counts last month in San Joaquin Superior Court. The 52-year-old insurance agent was originally charged with 11 felony counts consisting of theft from an elder or dependant, grand theft, sales …
Following a two-year investigation by the California Department of Insurance (CDI) Criminal Investigations Branch, investigators arrested three Sacramento residents-John Michael Hermoso, 40; William Gregory Hoshall, 39; and Theodore Patrick Neher, 38-on charges of insurance fraud. A 1998 investigation on Hermoso …
The “Api” FSR on United National Insurance Co. (UNIC) was confirmed by S&P. The rating action was based on the consolidated financial results of UNIC, Hallmark Insurance Co. and Diamond State Insurance Co., which operate under an interaffiliate pooling agreement. …
