May 27, 2008
A Washington-based insurance trade organization has shifted two May conferences to The Homestead, a Hot Springs, Virginia, mountain resort. A nearby tavern is hosting sold-out dinner parties, and alcohol sales are soaring in the resort in Virginia’s Alleghany Highlands. A …
May 27, 2008
An insurance fraud scheme in which Houston-area homes were flooded by using water hoses has led to prison for three people. Multiple insurers were defrauded of more than $5 million over a six-year period, according to court documents A federal …
May 27, 2008
As an insurance agent, what makes your business go round? If you are like most, your answer is undoubtedly “insurance leads.” When it comes down to it, there is no going wrong if you continually gather leads. Auto insurance agents …
May 23, 2008
Standard & Poor’s Ratings Services has affirmed and removed from CreditWatch negative its ‘AA-/A-1+’ counterparty credit and senior debt ratings on American International Group Inc. S&P also affirmed and removed from >CreditWatch negative its ‘AA+/A-1+’ counterparty credit and financial strength …
May 23, 2008
The biggest barrier to effectively prosecuting individuals who commit insurance fraud is finding an effective prosecutor, Scott Cassidy, chief of special prosecutions, Cook County State’s Attorney’s office said to a gathering of insurance fraud investigators, legal experts and law enforcement. …
May 23, 2008
The Supreme Court of Arizona ruled that an insurance agent’s clients may assert claims for professional negligence against the client and may assign such claims to third parties. According to D. Jere’ Webb v. Victoria Gittlen, in 2000, Neal and …
May 23, 2008
A Baldwin, Wis. man was awarded more than $3 million in a malpractice case after losing part of his left leg. Jim Lang went to Dr. Gregory Estlund in 2003 after injuring his leg while working at a factory in …
May 23, 2008
Miami-based Howden, specialist liability broker and part of the global insurance group Hyperion, launched a new wholesale brokerage division. Howden Broking Group’s Miami office will offer brokers a global network of offices and specialist liability and crime products including: professional …
May 23, 2008
Colorado residents affected by powerful storms are beginning to sort through the wreckage and pick up the pieces. According to the Rocky Mountain Insurance Information Association, it is too early to estimate the total damage and cost of damage caused …
May 23, 2008
The Denver office of Lockton Companies LLC, aprivately held insurance broker, acquired Schwander Insurance Services of Centennial, Colo. Schwander CEO and President Michael Schwander will become executive vice president at Lockton Denver. He and his team specialize in executive risk …