Monthly Archives: <span>September 2023</span>

Judge Refuses to Block Venture Capital Fund’s Grants for Black Women

A federal judge in Atlanta on Tuesday rejected a bid by the anti-affirmative activist behind the successful U.S. Supreme Court challenge to race-conscious college admissions policies to bar a small venture capital fund from awarding grants to businesses run by …

South Florida Public Adjusters Charged with Forging Documents, Defrauding Citizens

Florida authorities have arrested four Miami people, including two licensed public adjusters, on charges that they forged an elderly homeowner’s signature on documents in an attempt to defraud Citizens Property Insurance Corp. out of $57,000. “This is why the rates …

People: Florida-based Risk Services Names Haskell Captive Accounting Director

Florida-headquartered Risk Services, a captive insurance manager and risk retention group service provider, has named Jennifer Haskell director of captive accounting. Haskell, who spent 15 years with the Alabama Department of Insurance regulating captive insurers, was most recently a senior …

Could Appeal Decision in Florida Roof Case Lead to More Expert Witness Challenges?

Universal Property & Casualty Insurance Co. will have to go back to court to show how an insured’s roof expert was in error when he used questionable data and failed to inspect the claimed damage before a south Florida home …

ALKEME Acquires The F&I Agency in California

ALKEME acquired the F&I Agency in Thousand Oaks, California. The F&I Agency serves the Western U.S. Based in Ladera Ranch, CA, and backed by GCP Capital Partners, ALKEME provides property/casualty, benefits, surety, risk and wealth management services.

People Moves: Kunz Joins Alliant’s Employee Benefits Group in Oregon

Nicole Kunz joined Alliant Insurance Services as vice president within its employee benefits group. Based in Portland, Ore., Kunz previously served as board president at Total Rewards PDX, as principal at Mercer Health & Benefits at Mercer and as senior …

Trump Found Liable for Fraud in New York Attorney General’s Case

Donald Trump was found liable for fraud for exaggerating his net worth by billions of dollars a year on financial records submitted to banks and insurers, a major blow to the former president in the biggest civil case against him …

Insurance Broker in Menendez Corruption Case Allegedly Got Senator’s Help With Fraud Case

The defendants in the corruption case involving U.S. Senator Robert Menendez include a former New Jersey insurance broker who was convicted of premium fraud in 2011 and lost his insurance license. Jose Uribe allegedly got involved with Menendez in his …

Driver Pleads Not Guilty in Vermont Crash That Killed Actor Treat Williams

A Vermont driver pleaded not guilty to a charge in the June crash that killed actor Treat Williams. Ryan Koss, 35, could be sentenced to up to 15 years in prison if he`s convicted of gross negligent operation with death …

Fine and Punishment: The Process of Insurance Regulatory Actions

This post is part of a series sponsored by AgentSync. Insurance industry professionals tend to underestimate the business threat of regulatory actions. While data from the National Association of Insurance Commissioners (NAIC) indicates the industry has a relatively low level …