Insurance Journal senior staff writer Dave Thomas, along with publisher Mark Wells, recently caught up with former California Insurance Commissioner Chuck Quackenbush. Quackenbush, who has been working in Hawaii as a consultant, speaks about a range of topics from the …
Insurance Skills Center (ISC) recently announced it has developed two new workshops that address the growing concern over insurance implications of toxic mold claims and recent court decisions. This past year saw a significant increase in mold claims on both …
New Jersey Acting Attorney General Peter Harvey announced that the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has obtained criminal indictments against 48 persons on charges that they planned or participated in staging fake automobile accidents in …
Ohio Insurance Director Ann Womer Benjamin announced the Department saved consumers $8.7 million in 2002. The Department’s Office of Consumer Services, which also includes the Ohio Senior Health Insurance Information Program (OSHIIP), is the largest consumer protection unit in the …
The statistics contained in an Accenture Ltd. insurance fraud study didn’t surprise Tim Fargo, president of Florida-based investigation firm Omega Insurance Services. Accenture found that: *Nearly 25 percent of Americans surveyed think it’s okay to defraud an insurance company; *Nearly …
The impact of mold on the insurance industry, current challenges in workers’ compensation experience rating, emerging issues in finite reinsurance and new developments in the cost of financing insurance are some of the topics slated for discussion at the annual …
The Florida Office of Insurance Regulation has approved Insurance Services Office, Inc.’s (ISO) homeowners program for insurers to provide homeowners premium credits for wind-loss mitigation features in residential properties. The new legislation rescinds a previous wind-mitigation program designed to recognize …
The Alliance of American Insurers (AAI) has urged a gathering of the nation’s legislators to take steps to halt abuse of the legal system in asbestos cases. Speaking to lawmakers convening at the Spring Meeting of the National Conference of …
Near North Insurance Brokerage Inc. owner Michael Segal diverted hundreds of thousands of dollars of the firm’s reserves to Chicago-area politicians, federal prosecutors have alleged. Segal, under federal indictment for fraud, mail fraud and racketeering, ran a deficit of $5 …
A Missouri bill that would tighten the state’s workers’ compensation rules has won first-round approval from the House of Representatives on a 79-62 vote. HB321 would only cover occupational injuries if work is the “dominant factor” in the employee’s medical …