July 18, 2005
The Washington Department of Labor and Industries’ fraud program recovered more than $27 million in the first three months of this year, according to a report sent to the state Legislature and the Office of Financial Management. The money recovered …
July 18, 2005
Two new ideas aimed at reducing the number of uninsured drivers in the state were proposed in the Wyoming Legislature, according to the Associated Press. Dan Lex, a lobbyist for AIG, proposed that a random sample be taken to verify …
July 18, 2005
The California Assembly Insurance Committee approved an amended measure that will now require insurers to provide an explanation to consumers when policies are declined, canceled or non-renewed, AIA reported. The bill, SB 150, authored by Senator Martha Escutia (D-Whittier), was …
July 18, 2005
Alaska Gov. Frank Murkowski recently signed 18 bills into law, including legislation to reform insurance regulations. “I was pleased to sign these important pieces of legislation into law,” Murkowski said. “This Legislature addressed a number of important issues for Alaskans–and …
July 18, 2005
Warren Rychel, a former NHL player, will not be able to accept disability insurance for an injury to his hand that he suffered on the ice, according to the Associated Press. Rychel, who previously played with the Colorado Avalanche, filed …
July 18, 2005
Workers currently receiving Washington workers’ compensation time-loss or pension benefits will receive a 0.6 percent cost-of-living increase effective immediately. State law requires that maximum time-loss benefits and pensions be recalculated each July 1 to reflect the change in the state’s …
July 18, 2005
A San Jose, California husband and wife pled guilty to charges of workers’ compensation premium fraud and will serve 14-month jail sentences and pay $2 million in restitution following a multi agency investigation into the crimes. The owners of San-Jose …
July 18, 2005
Cordell Bunton, of Stockton, California, has been sentenced to six months in the San Joaquin County jail after pleading guilty to 10 felony and two misdemeanor counts that included grand theft, insurance fraud, forgery, and transacting insurance without a license. …
July 18, 2005
California’s SB 46 and SB 603 both died in the Legislature in late June, allowing insurers to breathe a little easy–for now. SB 46, authored by Sen. Richard Alarcon (D — San Fernando Valley), would have established a rate-making mechanism …
July 18, 2005
Sept. 11, March 11, July 7–dates on a calendar until 2001, 2004 and now 2005. Everyone living, and numbers yet unborn, will remember those dates. The latest terrorist attacks in London killed at least 52 people, sent more than 700 …