Latest Numbers Headlines
All the headlines from our Numbers Topic Page, ordered by recency.
TWO GUILTY IN RECIPROCAL OF AMERICA FRAUD:
Feb 21 2005 // Two former top officers of collapsed Reciprocal of America are scheduled for sentencing in June for their roles in what a federal prosecutor called one of Virginia’s biggest insurance fraud cases. Kenneth R....
Three New Western Region Partners Join APPEX
Feb 14 2005 // APPEX (Agency Peak Performance EXchange) welcomed three new Western region partners to their membership. Al Purmort, Sr. founded the Al Purmort Insurance Agency in September of 1985 after leaving the Purmort and Martin...
Two Plead Guilty in Big Virginia Insurance Fraud Case Involving Former Malpractice Reciprocal
Feb 11 2005 // Two former top officers of collapsed Reciprocal of America are scheduled for sentencing in June for their roles in what a federal prosecutor called one of Virginia’s biggest insurance fraud cases. Kenneth R....
Four Arrested for Workers' Comp Fraud
Feb 7 2005 // Joint investigations by the CDI’s Fraud Division and the Imperial County District Attorney’s Office have resulted in the felony arrests of four suspects for multiple counts of workers’ comp insurance...
Five Northern Californians Arrested on Charges of Insurance Fraud
Feb 4 2005 // On Jan. 13, 2005, Victor Morales Delgado and his brother-in-law, Jose Guerrero, both of Sacramento, self-surrendered to investigators with the California Department of Insurance Organized Auto Insurance Task Force (Task...
One Dead Hedgehog + One Flock of Seagulls + One Airbus =’s $4.1 Million
Feb 2 2005 // Five insurance companies are set to recover 2.3 million euros ($3 million) from the French government, while Air France will collect 850,000 euros ($1.1 million) as the result of a court ruling in Marseille stemming from...
Three-year Sentence Imposed for Selling Fake Vehicle Insurance Cards
Feb 1 2005 // A Riviera Beach, Fla. man who sold fake motor vehicle insurance cards to nearly 200 South Florida drivers has been sentenced to three years in prison and more than a dozen of his customers are facing charges that they...
Nine Plead Guilty to Faking S.C. Auto Wrecks, Filing False Claims
Jan 28 2005 // Attorney General Henry McMaster announced today in Columbia, S.C. that nine individuals pleaded guilty between Oct. 21, 2004 and Jan. 13, 2005 to 16 counts of Presenting False Claims for Payment, a felony violation of...
Nine Armenian Charity Groups to Get $3M of Insurance
Jan 24 2005 // Nine Armenian charitable groups will receive $3 million over the next two weeks as part of a $20 million settlement between an insurance company and descendants of Armenians killed nearly 90 years ago in the Turkish...
Two Ariz. Lawmakers Push Proposal to Ban Domestic Partner Benefits
Jan 16 2005 // A proposed constitutional amendment banning gay marriages in Arizona would outlaw all government-sponsored benefits to domestic partners. Republican Reps. Mark Anderson and Warde Nichols said their proposal will mirror...
Four Californians Arrested for Workers’ Comp Fraud
Jan 14 2005 // Joint investigations by the California Department of Insurance’s Fraud Division and the Imperial County District Attorney’s Office have resulted in the felony arrests of four suspects for multiple counts of...
Four Fla. Companies Canceling 9,000 Policies, One Firm Leaving the State
Jan 7 2005 // Four small insurance companies are in the process of canceling 9,000 policies, while one is leaving Florida, according to Valerie Beynon, an Office of Insurance Regulation spokeswoman. Liberty American, Penn Charter,...
Thirteen Fla. Insurers Request 11 to 60 Percent Policy Rate Hikes
Jan 5 2005 // Thirteen Florida insurance companies have requested 11 to 60 percent premium rate increases from the Florida Office of Insurance Regulation (OIR). Regulators will be reviewing the requests this month and will either...
Two New Insurance Companies Receive Fla. Approval, Certificates
Jan 3 2005 // The Florida Office of Insurance Regulation has issued Certificates of Authority to two new insurance companies, Gulfstream Property and Casualty Insurance Company, and Southern Oak Insurance Company. Both companies will...
Ten Small Alaska Communities Drop City Insurance
Dec 20 2004 // Ten small Alaska communities have discontinued their municipal insurance because of declining assistance from the state and rising insurance and fuel costs, and another dozen could follow within the next few months, said...
Six N.C. Homeowners Dispute Denial of Hurricane Ivan Damage Claims
Nov 19 2004 // Six residents in Peeks Creek, N.C. where four people died in a Hurricane Ivan-triggered landslide have hired lawyers to represent them after being denied insurance claims. Fifteen houses were damaged or destroyed in Peeks...
Two Southeast States Could Reconsider Anthem/WellPoint Merger
Nov 11 2004 // Georgia and West Virginia are two southeast states that could reconsider their earlier approval of the Anthem Inc./WellPoint merger, after California’s $265 million concessions package in California. Seven other...
Three Arrests in California Fraud Case
Nov 8 2004 // An investigation has resulted in three arrests on felony insurance fraud charges. The case, stemming from an investigation by the Santa Clara County Urban Auto Task Force–investigators from the California Department...
Nine Ways to Get Personal When Selling Business Insurance
Nov 8 2004 // Every business insurance prospect yearns to be treated as an individual. No serious executive, regardless of their firm’s size, wants their company’s insurance problems to be solved by some prewritten,...
Two United Health Care Companies Agree to $1.1M Settlement with N.C.
Nov 4 2004 // North Carolina Insurance Commissioner Jim Long today announced a voluntary settlement agreement between the North Carolina Department of Insurance (NCDOI) and two companies, UnitedHealthcare of North Carolina Inc. (an HMO)...
