A five-year undercover investigation into a staged auto collision ring came to a conclusion Friday with the sentencing of the final attorney implicated by the joint efforts of the California Department of Insurance (CDI) Fraud Division and the Federal Bureau …
Santa Ana, Calif.-based Yates & Associates announced the promotions of Barbara Parker-Hatch and Alex Zardeneta. Parker-Hatch was promoted to executive vice president. Formerly she was vice president of operations at Yates. She will continue many of her previous duties, which …
Arkansas State Insurance Commissioner Mike Pickens announced that agreements have been reached regarding the payment of outstanding claims that Arkansas insureds had thought could remain unpaid by TRG. Agreements have been reached regarding enrollees in the health plan of TRG …
The Texas Automobile Insurance Plan Association (TAIPA) announced the election of officers for 2004-2005. The Governing Committee elected Jon Smanz, director, shared markets governance for Allstate insurance Company in Northbrook, Ill. as the Association’s chairman. Smanz has been with Allstate …
After 42 years in insurance and more than 28 years at Dickinson, Texas-based MaximInsurance, Dorothy “Dot” Warner is retiring. MaximInsurance reported that Warner is a longtime area resident and insurance veteran who served as a customer service representative (CSR) for …
Standard & Poor’s Ratings Services announced that it has revised its outlook on Inter-Ocean Reinsurance Co. Ltd. (IORe) to negative from stable, but has affirmed its ‘A” counterparty credit and financial strength ratings. “The ratings reflect the company’s stable business …
A.M. Best Co. announced that it has downgraded the financial strength ratings to “B++ “(Very Good) from “A-” (Excellent) of Kingsway Financial Services, Inc.’s Canadian subsidiaries, Kingsway General Insurance Company and York Fire and Casualty Company, both of Ontario. It …
Global insurance broker Willis Group Holdings Limited announced significant changes to its Board of Directors as well as the adoption of new corporate governance guidelines. Three directors associated with Kohlberg, Kravis, Roberts & Co. L.P. (KKR) have left the board …
The Independent Insurance Agents & Brokers of New York Inc., the Syracuse-based trade association that represents 1,900 agencies and brokerages in the state, announced that the Trusted Choice(SM) national branding program has now grown to nearly 225. The IIABNY launched …
The Professional Insurance Agents of Connecticut Inc. announced its support for House Bill 5204 and Senate Bill 60 when it recently provided written testimony to the Insurance and Real Estate Committee and the Program Review and Investigations Committee, respectively. “PIACT …
