With the eyes of Congress turning to insurance reform, most commentators are focused on how change might affect the overall insurance industry and agents. But the often-overlooked surplus lines segment of the industry could end up looking different, maybe even …
A boxer was charged this week with fraud, accused days before a big fight of participating in a family ring that staged minor car crashes and made false insurance claims. Frank Houghtaling, his brother, sister-in-law, father, wife and another woman …
California Insurance Commissioner John Garamendi has announced that Sacramento resident Wayne Allen Sorenson, 35, has been arrested on workers’ compensation insurance fraud charges after an investigation by the California Department of Insurance (CDI) Fraud Division revealed Sorenson allegedly collected Temporary …
JBL&K Risk Services, a Beecher Carlson company has added two new professionals in its Portland office. Scott Moss joins as vice president/account executive and Cynthia Hilton will also serve as vice president/account executive. Beecher Carlson operates under the JBL&K Risk …
AMS Services has acquired FinancePro, a developer of Web-based premium finance solutions based in Issaquah, Wash. FinancePro provides premium finance loan management and agent quoting capabilities and is currently in use by large independent finance companies as well as MGAs …
A U.S. House panel has given its approval to a bill directed at making the government’s flood insurance program financially sound by, in part, increasing rates charged on nonresidential property and vacation homes, according to a Reuters report. The legislation, …
A California man, who with his brother managed a law office reportedly involved in a large-scale auto insurance fraud ring, was sent to state prison and ordered to make restitution of $1.5 million, the Los Angeles County District Attorney’s office …
Witnesses who had been sexually abused as children offered what Maryland House Speaker Michael Busch described as “gut wrenching” testimony in Annapolis on behalf of legislation that would extend the cutoff time for filing civil lawsuits against abusers. Two men, …
The trials and tribulations encountered after Hurricane Katrina will be discussed by Mississippi Commissioner of Insurance George Dale, the featured speaker during the Thursday, March 16 monthly meeting of the Independent Insurance Agents and Brokers, Insurors of Memphis meeting at …
The National Association of Insurance Commissioners (NAIC) voted unanimously last week at its quarterly meeting in Orlando, Fla., to establish a task force to examine the impact of climate change on the U.S. insurance industry and on insurance consumers. The …
