Twenty-five suspects in connection with a major insurance fraud investigation dubbed “Operation Cashout” have been indicted, according to the California Department of Insurance. Twenty suspects were arrested Thursday morning, and five suspects remain outstanding. The Urban Organized Auto Fraud Task …
Branchville, N.J.-based Selective Insurance Company of America, a subsidiary of Selective Insurance Group, Inc. announced the following officer appointments: Kathleen Imparato (Wantage, NJ), to assistant vice president of Selective’s Business Practices Group. Imparato joined Selective in 2002 as a government …
The Independent Insurance Agents and Brokers of Orange County, Calif., will be hosting its quarterly meeting on July 20 at the Tustin, Calif., Banquet Center. Katie Freeman Insurance Services will be sponsoring the speakers, who will conduct a three-hour course …
Caifornia’s State Compensation Insurance Fund recently received $64,000 in restitution from the owner of a San Luis Obispo county moving company. Mark John Frey, 38, of Oceano, Calif., pleaded no contest on May 15 to one count of workers’ compensation …
Risk and Imsurance Management Society is hosting its Western Regional Conference in Park City, Utah, on Oct. 1-4, 2006. Speakers will include: Carol Fox, Convergys Corp.; Mike Keeting, Crisis Management International; Steve Legg, Starbucks Coffee Co.; Mike Fenlon, UPS; Janice …
North Pointe Holdings Corp. recently announced that it has renegotiated and extended its existing credit facility. The three-year revolving credit facility now provides for borrowings of up to $25 million. The new agreement is with a syndicate led by Comerica …
Aon Corporation announced it has reached a definitive agreement to sell Aon Warranty Group (AWG) and its worldwide operations to Onex Partners, an affiliate of Onex Corporation, a company headquartered in Toronto, Ontario. Among the AWG businesses to be sold …
The names, birthdates and Social Security numbers of about 1,200 Allen County government employees were on a computer stolen from an insurance company office, officials said. Several Allen County employees received letters Monday from California-based Medical Excess LLC, telling them …
Four insurance companies have told state officials they want details on bidding to represent a pool of up to 200,000 good drivers and responsible homeowners in Flint and Detroit. The companies are among more than 65 the state contacted about …
Montpelier Re Holdings Ltd. has appointed international financier Wilbur L. Ross, Jr. as a member of its Board of Directors of the Company. “The appointment was effective upon the closing on June 28, 2006 of the additional 3,448,276 common shares …
