AP Wire Service Innocent pleas were entered recently for Oklahoma’s insurance commissioner on felony charges of mismanaging two funds—one set up to provide continuing education for insurance agents and one established to buy shoes for poor children. Carroll Fisher, 64, …
Just about everyone has heard about California’s beleaguered workers’ compensation system. And just about everybody has a say on the issue these days, most notably the membership of IBA West. To tackle some of the public policy issues facing agents …
March is Ethics Awareness Month in the insurance and financial services industries, and this seems an appropriate time to suggest that the majority of what passes for “ethics training” is having little or no effect on individual or corporate behaviors. …
A former workers’ compensation claims adjuster and all eight of her alleged accomplices must now face felony grand theft charges after an investigation by the California Department of Insurance (CDI) Investigation Division revealed a $318,250 fraudulent check scheme. According to …
Allstate Insurance Co. and Allstate Indemnity Co. began serving summons and complaints upon a Los Angeles County chiropractor and his wife, accusing them of taking part in schemes designed to defraud the companies. Paul Yan, DC, Winnie Yan and Paul …
Nuts & Bolts: Superior Access Insurance Services Inc. is offering a package and commercial auto program featuring a replacement cost with optional ACV, no coinsurance and property value guard automatic increases. Building coverage includes all buildings, completed additions and maintenance …
Nuts & Bolts: The Chubb Group of Insurance Companies has updated its Customarq Classic property policy. Chubb’s Customarq Classic offers U.S. and Canadian commercial customers a choice of monoline property insurance protection or a package of property, general liability and …
Nuts & Bolts: With its newly enhanced STEP SPICE policy endorsement, The Hartford Financial Services Group Inc. unveiled new additions to its multi-line program for manufacturers, distributors, installers and repairers of specialized truck equipment. The STEP program includes new property …
Nuts & Bolts: Marine Managers announced the launch of two new programs, the Stock Throughput Program and the Marine Contractors Package Program. Stock Throughput is a combination of ocean and inland cargo (road, truck, rail, air) plus location coverage in …
Nuts & Bolts: Abram Interstate Insurance Services Inc. is offering a Farm and Ranch program aimed at insuring cattle and crop farms, including fruit and nut trees, grapes, avocado, grain, and vegetables. Farm package policies include dwellings, outbuildings, equipment, farm …
