Newsbriefs

PIFC TESTIFIES ON SALVAGED VEHICLES

The California Senate Insurance Committee convened a hearing with member companies of the Personal Insurance Federation of California (PIFC) to...

GAINSCO Drops Commercial Lines

Fort Worth, Texas-based nonstandard property and casualty insurer, GAINSCO Inc., said it plans to stop writing commercial lines of business...

NEAR NORTH CEO RESIGNS

CEO Michael Segal of Chicago-based Near North Insurance Brokerage Inc., stepped down from his position Jan. 31 following his arrest...

INSURERS PRAISE BUSH

In reaction to President Bush’s State of the Union speech, the American Insurance Association (AIA) stated that the President’s focus...

Texas Workers’ Comp Fraud

A Travis County District Court sentenced Liza Fortune on charges of insurance fraud and ordered her to pay $15,013.89 in...

AUTO FRAUD STILL RAMPANT IN CALIF

A new investigation by the Bureau of Automotive Repair (BAR) reveals widespread billing fraud and repair defects have continued across...

WASH. COURT REVERSES RULING

In reversing a lower court ruling, the Washington State Court of Appeals agreed that liability insurance is not designed to...

Accused Broker Steps Down

Michael Segal, CEO of Chicago-based Near North Insurance Brokerage Inc., resigned his position after being charged with mail and insurance...

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