On March 12, 2002, investigators with the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division arrested Jamel Hassan Nichols, 33, for insurance fraud. According to investigators, the investigation began with two referrals from the California State Automobile Association …
The American Insurance Association (AIA) says a measure to restrict insurers’ use of credit scores will raise rates for two-thirds of policyholders and will significantly harm Idaho’s insurance market. “This bill creates an unworkable law that will isolate and disrupt …
Only a handful of insurance-related bills made it through Wyoming’s special legislative session, which ended last week. “Since this session was designed as a special budgetary session, it’s no surprise that only a few non-fiscal bills made it through,” Gregory …
Ohio-based Great American Insurance Company, a property and casualty insurance operation, has begun offering notary bonds and errors and omissions insurance in 16 states. The states are: Arizona, California, Illinois, Indiana, Kansas, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, North Dakota, …
The Consumer Division of Royal & SunAlliance USA has introduced a program of insurance and services designed specifically to meet the needs of the National Truck Equipment Association (NTEA). Available to both members and non-members of the association, the new …
The Toyota Camry has made it five-for-five, ranking in 2001 as tops on the target list of auto thieves, according to a report from CCC Information Services Inc. It was the 1991 model Camry that captured the No. 1 slot …
Businesses’ increased use of the Internet is making for a substantial growth opportunity for the emerging e-business insurance market, but e-business insurance may not be a good market for every insurer, according to Conning & Company. Only a handful of …
Illinois Insurance Director Nathaniel Shapo announced that he obtained an Order of Conservation against Gallant and Valor Insurance Companies on Feb. 25, following the Department of Insurance’s determination that both companies are insolvent by more than $1 million. Pursuant to …
Illinois-based Applied Systems®, an automation solutions provider for the property and casualty insurance industry, has introduced 10 new “premier” services available through its consulting division, Applied Consulting Services (ACS). These consulting services cover strategic and tactical planning, mergers and acquisitions, …
Bermuda-based Arch Capital’s shelf registration statement, filed with the SEC last February, became effective on Monday, and the company plans to offer 6,500,000 of its common shares to the public. The offering doesn’t include 975,000 common shares subject to the …
