May 24, 2006
More than 560 people have been arrested in an international investigation of mass-marketing fraud schemes that have victimized more than 2.8 million people in the United States, the Justice Department said Tuesday. Losses exceeded $1 billion in scams that included …
May 24, 2006
Floridians are being urged to take advantage of the state’s “Hurricane Preparation Tax-Free Holiday,” which continues through June 1, and to prepare for the upcoming hurricane season by Tom Gallagher, Florida’s DFO and Fire Marshall. Gallagher also announced that the …
May 24, 2006
Ohio-based National Interstate Corp. recently announced that its Board of Directors approved a $0.04 per share dividend at its May 19, 2006 meeting. The cash dividend will be payable on June 16, 2006 to shareholders of record of the company’s …
May 24, 2006
North Pointe Holdings Corp. announced that Brian J. Roney has been promoted to chief financial officer, effective immediately. He fills the position vacated by John Berry, who will remain with North Pointe as its treasurer. Reporting to James G. Petcoff, …
May 24, 2006
Privately financed video security cameras are to be installed along an 11-block stretch of a major south side street in Milwaukee, according to a recent Associated Press story. Police Chief Nannette Hegerty and Alderman Bob Donovan announced the move for …
May 24, 2006
ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has promoted Bob Gallozzi to senior vice president, Commercial Marine, part of ACE USA’s International & Specialty Group. Based in New York City, Gallozzi will have responsibility …
May 24, 2006
The PMA Insurance Group has promoted Elaine Manchon to assistant vice president for commercial markets underwriting. Manchon, who will join PMA’s corporate headquarters staff in the company’s Blue Bell, Pennsylvania office, will be responsible for helping to generate profitable revenue …
May 24, 2006
Workers’ compensation costs per claim in Maryland grew very rapidly in the most recent year studied, according to a new study by the Workers Compensation Research Institute (WCRI). A major factor driving these costs higher was rising medical costs per …
May 24, 2006
Almost 25 million U.S. families renting their homes are going bare on insurance coverage, leaving themselves vulnerable to serious property and liability losses. Many renters without coverage own valuable, high-tech equipment and face higher risk related to pets, a new …
May 24, 2006
Two California-based financial services companies took hundreds of thousands of dollars from senior citizens through deceptive tactics, state Attorney General Roy Cooper said in a lawsuit brought against the companies in Raleigh, N.C. Cooper alleged that agents at American Family …