Michael Allen Lessley, 35, pled guilty to felony insurance fraud before Nevada Judge Connie Steinheimer in the Washoe County Courthouse. Lessley reported his red 1995 Mustang stolen in order to allegedly receive money from State Farm Insurance Company. Lessley reportedly …
Dorman Consulting Associates’ product related seminars for the P/C industry have each been scheduled in Chicago, San Francisco and Boston this spring. More than 4,300 employees from over 540 P/C companies have already attended the company’s two seminars. Both seminars …
Risk Management Solutions (RMS) announced recently that the Insurance Division of the Department of Commerce & Consumer Affairs in Hawaii has approved the RMS™ Hawaii Hurricane model for filing homeowners’ hurricane insurance rates in the state. “This was the first …
New state laws concerning workers’ compensation and automobile insurance make up the majority of the property/casualty-related insurance laws enacted by state legislatures last year, according to an analysis of trends in new state insurance legislation published by the National Association …
Vesta Insurance Group Inc. of Birmingham, Ala. announced that its Board of Directors declared a quarterly cash dividend for the period ending December 31, 2002 of $0.025 per share on the company’s common stock at its meeting on February 24, …
Birmingham, Ala.-based ProAssurance recorded net income of $11.97 million, or $0.43 per diluted share for the fourth quarter of 2002, compared with $4.25 million, or 16 cents per diluted share, in the same period in 2001. The company said it …
Texas Gov. Rick Perry signed into law Senate Bill 310, which require insurers writing homeowners policies in Texas to provide data used in setting rates. Information gathered under Senate Bill 310 will help lawmakers analyze current rates and strengthen insurance …
Nuts & Bolts: Venture Programs Inc. introduced a new type of business insurance coverage that protects against the loss of income due to terrorist-related Anthrax attack and other airborne diseases. The Airborne Disease Coverage supplements actual loss of income sustained …
Nuts & Bolts: American Pacific General Agency in Woodland Hills, Calif. has a general liability market for contractors and roofers. Endorsements available. Business by appointments only. Dollars: Policy limits – $1,000,000; Deductibles – $2,500; Premium – $6,500 for contractors, $10,000 …
Nuts & Bolts: Superior Access Insurance Services has a new, A.M. Best “A” rated, admitted market in Texas for condominiums & townhouses. Owner occupied, seasonal or tenant occupied units are eligible. Applications are available online at www.superioraccess.com. Agents and brokers …
