The Texas Department of Insurance has issued a Certificate of Authority for a new property-casualty insurance company to be located in Tyler, Texas, named Old Glory Insurance Company. The new company will operate as a wholly owned subsidiary of the …
Calif. Insurance Commissioner John Garamendi pushed his workers’ comp reform agenda further along by enlisting the help of the state’s 58 county district attorneys (DA) in combating employee and employer fraud. Garamendi addressed deputy district attorneys and white-collar crime investigators …
A California law allowing homeowners to renew insurance claims from the 1994 Northridge earthquake was upheld March 3 by a federal appeals court, according to the Associated Press. The law was challenged by insurers in an attempt to block victims …
A seminar in Chicago will examine the impact of the Sarbanes-Oxley Act of 2002 on corporations, their officers, directors and employees, and insurance coverage. The seminar on white collar crime is hosted by DRI, a national organization of defense trial …
New York Superintendent Gregory Serio and Albany County District Attorney Paul Clyne announced the arrest of Dierdre Wolberg, co-owner of State Opticians in Albany, N.Y. Wolberg was arrested for Grand Larceny in the 3rd Degree, a Class D felony, Insurance …
The New York State Assembly Majority’s no-fault auto insurance reform proposal seeks to improve the marketplace by creating a new bureaucracy, an approach that will not work, according to the American Insurance Association (AIA). The Assembly’s bill (A 4807) would …
W. R. Berkley Corporation announced that it intends to form a United Kingdom authorized insurance company. It is expected that the enterprise will be London-based and will specialize principally in writing domestic U.K. casualty risks. It is anticipated that the …
Pennsylvania Insurance Commissioner Diane Koken has closed down the reported illegal insurance operations of the following companies: *International Water Safety Foundation (IWSF) of London, England *Water Safety Services (WSS) of Blainville, Quebec *North American Marine General Insurance Company Ltd. (NAMGIC) …
Calif. Insurance Commissioner John Garamendi pushed his workers’ comp reform agenda further along by enlisting the help of the state’s 58 county district attorneys (DA) in combating employee and employer fraud. Garamendi addressed deputy district attorneys and white-collar crime investigators …
The Poe Financial Group announced that it’s Florida Preferred Property Insurance Company has received regulatory approval in Florida. Company president Bill Poe Jr. said, “We are pleased to be in a position to offer this alternative within the Florida residential …