California Insurance Commissioner John Garamendi has announced the conviction of former life insurance agent Bassem Btadini, 51, also known as Bob Btadini. Btadini entered a no contest plea and was convicted of five misdemeanor counts of Corporations Code Section 25540(a), …
California Insurance Commissioner John Garamendi has issued a cease and desist (C&D) order on The Global Healings Society of Puyallup, Wash., following an investigation by the California Department of Insurance (CDI) Investigation Division. The order demands The Global Healings Society …
Wyoming legislation designed to allow unprecedented insurance-related lawsuits in the state would significantly increase fraud, lawsuits and insurance costs for Wyoming consumers, according to the Property Casualty Insurers Association of America (PCI). This bill, SB 68 by Sen. Hank Coe, …
California Insurance Commissioner John Garamendi has announced that on Feb. 9, 2006, attorney Marilyn P. McCumber, 68, self-surrendered to the Los Angeles County Superior Court. She pled guilty to felony grand theft for insurance fraud and was sentenced to five …
A 34-year-old Worcester, N.Y. farm owner has been arraigned on criminal charges in connection with an April 2003 fire that killed 24 cows. Peter Mravlja was charged with arson, insurance fraud and witness tampering following a nearly three-year investigation local …
Former Louisiana Insurance Commissioner Jim Brown has had an interesting last few years to say the least. Brown was sent to a federal prison for six months back in 2003 after a trial for reportedly lying to an FBI agent. …
A Rhode Island Superior Court jury has found three former lead paint manufacturers responsible for poisoning children in a lawsuit that could cost the manufacturers millions of dollars in damages. The lawsuit was the first brought by a state seeking …
First Cardinal of Texas Ltd. announced the merger of two of its largest workers’ compensation trusts into a single entity, CompPAC Trust of Texas, effective Jan.1, 2006. The CompPAC Trust of Texas combines the membership and assets of two successful …
An antiques dealer, an auto mechanic and even a couple of insurance agents are among the dishonored on 2005’s Top Ten Pennsylvania Insurance Fraud cases list, released this week by the Insurance Fraud Prevention Authority (IFPA). Published annually, the “Top …
Community Banks Inc. reported that it reached definitive agreement to acquire Wiley Insurance Agency Inc., located in Mt. Joy, Pennsylvania. Pending necessary approvals, the transaction is expected to be consummated in the second quarter of 2006. Pursuant to the agreement, …
