Gyan Singh, 55, of Sacramento, was arrested without incident and booked into the Sacramento County Jail on one count of insurance fraud. According to California Department of Insurance investigators, Singh was involved in an auto accident with his 1997 Ford …
The PLUS Southern California Chapter will hold a one-day conference on the ABCs of E&O: Identifying Professional Liability Exposures Facing Your Mainstream Commercial Clients, Thursday, June 5, at the Sheraton Four Points Hotel, 8110 Aero Drive, in San Diego. The …
New York Superintendent of Insurance Gregory Serio announced that Richard J. Turkow of Binghamton, New York, was arrested last week and charged with Arson in the third degree and Insurance Fraud in the third degree. It is alleged that Turkow …
Unprecedented challenges facing the U.S. insurance industry in the past year, including asbestos claims and lawsuits, terrorism, a weak economy, and a continuing weak investment markets, have many insurance executives hoping the worst is behind them. Standard & Poor’s Ratings …
National Union Fire Insurance Company of Pittsburgh, Pa.® (National Union), a member company of American International Group, Inc. (AIG), has introduced Maximum A-Side Excess Insurance(SM) (MAX), a “Side A” excess non-indemnifiable loss policy with a Difference In Conditions provision that …
Virginia’s State Corporation Commission (SCC) has set two hearings to consider matters regarding the proposed liquidation of Reciprocal of America (ROA) and The Reciprocal Group (TRG). Both companies were placed into receivership on Jan. 29. On April 30, the deputy …
New Jersey’s Acting Attorney General Peter Harvey announced that a Middlesex County man has pled guilty to theft charges for fraudulently receiving more than $49,000 in Social Security disability benefits. According to Vaughn McKoy, Acting Director, Division of Criminal Justice …
The Alfa Insurance Group and Alfa Corporation announced a preliminary estimate of losses from a series of storm systems that passed through the Southeast in April and May. The storms created claims that are estimated to be approximately $40 million …
Insurance Bureau of Canada (IBC) recently launched the new, national Foundation for the Future program that recognizes the efforts of communities to manage exposure to natural disasters, extreme weather and weather-related events. At a ceremony in Vancouver, IBC president and …
Travis County District Judge Brenda Kennedy found South Texas Well Service Inc. guilty of insurance fraud. She ordered Michael W. Harvey’s Rockport-based company to pay over $7,000 in restitution to Texas Mutual Insurance Company. Donna Crosby, the assistant Travis County …