Fitch Ratings has affirmed the ‘AAA’ insurer financial strength ratings of the National Indemnity Company and the six associated members of the National Indemnity Group (National Indemnity). The Rating Outlook is Stable. The ratings continue to reflect National Indemnity’s enormous …
A Baptist minister has been charged with 17 felony counts of insurance fraud and grand theft after an investigation by the California Department of Insurance (CDI) reportedly found that he worked as a pastor despite claiming total disability retirement benefits …
CNA insurance companies announced the opening of a catastrophe operations center within its Dallas branch office for policyholders who would like to submit claims relating to Hurricane Claudette. CNA services include risk management, information services, underwriting, risk control and claims …
Engle Martin & Associates, Inc. has expanded operations into Hartford, Connecticut with the recent addition of David Gleason, as National General Adjuster. According to Engle Martin’s president and CEO, Kevin Engle, “As Engle Martin continues to implement its expansion strategy …
Attempting to keep Tennessee from becoming a “crisis state” with regards to medical malpractice awards, a special joint committee has begun a series of meetings to study the effects that tort reform would have on medical malpractice cases. Republicans are …
The government admitted in a court filing that they were aware that a hacker sent stolen e-mail documents to three government witnesses even before former Near North owner Michael Segal’s arrest on racketeering and insurance fraud charges. The defense is …
A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) of Lloyd’s of London. The outlook remains stable. The rating reflects Lloyd’s maintenance of an excellent business profile and capitalisation, its improving performance, stable investment returns and enhanced …
New York State’s workers compensation market could face a meltdown similar to the current crises in California, Florida, Texas and other states, according to the New York Insurance Association (NYIA). The rejection of an 11 percent increase in workers’ compensation …
New Jersey Attorney General Peter Harvey announced that a Hudson County businessman has been charged by the Division of Criminal Justice – Office of Insurance Fraud Prosecutor with stealing more than $300,000 in health insurance claims money by reportedly misrepresenting …
California’s $38 billion budget deficit garners lots of headlines and attention these days, but the State of Oregon is facing similar gridlock over how to solve their fiscal woes. Oregon’s political environment is entirely split. Democrat Ted Kulongoski, a former …