Newsbriefs

CALIF. WORKERS’ COMP TRENDS INCREASE

A study by the Washington-based National Academy of Social Insurance revealed that California’s workers’ compensation benefits have increased 13.9 percent...

Frankel Pleads Guilty in Miss.

Former financier Martin Frankel, accused of defrauding more than $200 million from insurance companies, has pled guilty to corruption charges...

Houston Theater Sues Insurer

The Alley Theater of Houston is suing its insurer, Gulf Group Lloyds Insurance Co., for reportedly failing to reimburse $6.5...

Frankel Pleads Guilty

Martin Frankel, who faced charges for reportedly defrauding insurers in five states of over $200 million, pled guilty in a...

ANDERSEN AGREES TO SETTLEMENT

A new chapter was unveiled in the Arthur Andersen battle with investors earlier this month as the company said it...

ARIZ. COMPANIES MAKE LIMITS

Following the lead of State Farm, Prudential Insurance will limit Arizona customers seeking new auto and homeowner’s coverage in order...

CREDIT LYONNAIS SUIT DISMISSED

A federal judge has thrown out a lawsuit alleging that Credit Lyonnais and others engaged in fraudulent activity in the...

WCIRB ANALYZES CLAIM FREQUENCY

The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) has unveiled a study identifying the major factors leading to the...

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