TVA Fire & Life Safety, Inc., a national provider of products and services in fire protection engineering, consulting, loss control, and project management fields, has hired Dana Parker as executive vice president of business development. Parker is charged with developing …
Georgia Insurance Commissioner John Oxendine announced that an Adel woman has been arrested and charged with filing a fraudulent insurance claim. Teresa Kay Griffin, 33, was arrested and booked into the Cook County Jail. Griffin has been charged with one …
Florida’s Chief Financial Officer Tom Gallagher warned consumers to be on the lookout for fictitious e-mails claiming to be from the Federal Deposit Insurance Corporation (FDIC) or the Office of the Comptroller of the Currency (OCC) and requesting personal bank …
Due to corporate restructuring, Royal & SunAlliance has announced that they will dissolve their telephone claims operation of 55 employees in Milbank, S.D. A statement released by the South Dakota Governor’s Office of Economic Development touted the location and employees …
Louisiana Department of Insurance Fraud Unit investigators served Dereius Djuan Davis of Alexandria with a cease and desist order, prohibiting him from conducting any kind of insurance business in Louisiana, Insurance Commissioner J. Robert Wooley announced. The Cease and Desist …
California Insurance Commissioner John Garamendi announced a settlement in long running litigation between descendants of the victims of the Armenian Genocide and the New York Life Insurance Company. “During the late 1800s and early 1900s New York Life sold thousands …
Marsh & McLennan Companies, Inc. (MMC) reported financial results for the quarter and year ended Dec. 31, 2003. Consolidated revenues in the fourth quarter increased 15 percent to $3 billion. Net income grew 21 percent to $378 million, and earnings …
New Jersey Attorney General Peter Harvey announced that the executive director of a Camden County outpatient mental health clinic has been sentenced to three years in state prison for submitting more than $13,000 in inflated patient billings to the Medicaid …
New York State Insurance Department Superintendent Gregory V. Serio announced the arrest of Lon T. Horton, who has been charged with 43 counts of issuing fraudulent certificates of insurance, two counts of insurance fraud, four counts of petit larceny and …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A++” (Superior) and assigned a negative outlook to the reinsurance subsidiaries of Transatlantic Holdings, Inc. American International Group holds a majority of the company’s shares. The ratings …