The Office of Georgia’s Insurance and Industrial Loan Commissioner has ordered the CEO of a chain of small loan companies to appear before Insurance Commissioner John Oxendine at a hearing to defend what the order alleges is an unlicensed lending …
A Rialto, California insurance agent was arrested for allegedly stealing $3,000 from a 95-year-old woman, money that was intended to pay for a policy to fund funeral arrangements after her death. Brian Wesley Lowe, 48, was charged with one felony …
Kansas Insurance Commissioner Sandy Praeger is asking Kansas lawmakers to approve two major consumer protection measures as part of her 2004 legislative agenda package. One proposal would prohibit insurance companies from canceling a homeowner’s policy due to a single catastrophic …
Roland Joy of Medford Mass. has been sentenced by U.S. District Judge Rya W. Zobel to 4 months’ imprisonment, to be followed by 2 years of supervised release, the first 4 months of which are to be served in home …
A bulletin, issued by New York State Insurance Department Superintendent Gregory V. Serio, described the arrest of Robert and Mary Smith of the Town of Alden in Erie County, on charges of arson, insurance fraud, attempted grand larceny and conspiracy. …
Standard & Poor’s Ratings Services announced that it has lowered its ratings on chassis and marine cargo container lessor Interpool Inc., including the corporate credit rating to ‘BB’ from ‘BB+’. All ratings remain on CreditWatch with negative implications, where they …
A report from Moody’s Investors Service notes a stable rating outlook for Italy’s rated P/C insurers and a steady improvement in results since 2001. “The continued upturn for most of the seven rated entities is based on the improved quality …
A report detailing state legislative efforts to reform the U.S. civil justice system was recently released by the National Association of Mutual Insurance Companies (NAMIC). The report, part of a NAMIC series regarding state laws and legislative trends, furnishes a …
Mandeville, La.-based provider of risk management solutions and group benefits administration, FARA, announced it has promoted Charlotte Briones to claims supervisor of the Long Beach, Calif. branch office, effective immediately. In her new position, Briones is responsible for the claims …
Arkansas Insurance Commissioner Mike Pickens issued a warning that despite his arrest for fraud, Steven Edward Gwin, better known as Steve Gwin, is continuing to sell insurance products in the Northwest Arkansas area. According to the Arkansas Insurance Department, Gwin …