The Virginia State Police insurance fraud program just released their 2011 annual report, which shows the number of arrests for insurance fraud and other related crimes, such as arson and forgery, is continuing to increase — up eight percent over …
The Maryland General Assembly has passed a measure to create a framework for a health insurance marketplace to provide coverage to the uninsured. The House of Delegates and state Senate voted 94-44 and 35-12, respectively, for the bill Monday. The …
Attorney General Martha Coakley says the requirement that Massachusetts residents purchase health insurance is unlikely to be altered by any ruling from the U.S. Supreme Court on a similar federal provision. The high court began hearing arguments Monday on the …
MKM Partners, a research firm, appointed industry veteran Harry Fong as executive director in its equity research department to cover insurance companies. Fong is an experienced insurance analyst with strong corporate and buy-side relationships. He has been covering the sector …
Sutherland Asbill & Brennan, a New York-headquartered law firm, said it hired six attorneys specializing in insurance regulatory, tax and transactions. They are: James Dwyer, Jeffrey Mace, John Pruitt, Linda Sciuto, Cynthia Shoss and P. Bruce Wright. All six attorneys …
Rhode Island-based business property insurer FM Global said Monday it had a net loss of $41.5 million for 2011 — a stark contrast to $686.6 million profit the insurer had in 2010. FM Global, which was one of the last …
A New York court sided with a law school in a case that alleged that the school misled its students about post-graduate employment prospects. The Supreme Court of the State of New York dismissed last week a lawsuit brought by …
A trial got underway on Monday for Hackensack, N.J., Police Chief Ken Zisa. Zisa was suspended without pay in 2010 after he was charged with official misconduct and insurance fraud. The chief is accused of removing his girlfriend from the …
The liquidators of a fund that once funneled money to the now-imprisoned swindler Bernard Madoff have dropped a $900 million lawsuit accusing Ernst & Young LLP of negligence, professional malpractice and breach of contract. Ernst & Young had been challenged …
Philadelphia Insurance Companies announced promotions for three marketing executives. Brian O’Reilly has been promoted from senior vice president of marketing to senior vice president of the eastern territory. O’Reilly joined Philadelphia Insurance 21 years ago as a marketing representative. In …
