March 17, 2004
Cunningham Lindsey US Inc. (CL US) President & CEO, Karen Murphy announced that CL US remains firmly committed to its U.S. loss adjusting and adjuster training services and the customers they serve following Monday’s sale closure of its claims administration …
March 17, 2004
A 16-year-old Alabama student allegedly dropped a cigarette butt into a trash can filled with mops in a janitor’s closet at Jackson High School last week. A small fire ensued, but the school’s principal extinguished the fire. “No one was …
March 17, 2004
Florida hospitals, in violation of United States Antitrust laws, have reportedly engaged in a large “conspiracy” to artificially and unlawfully inflate prices to “exorbitant” levels to consumers, resulting in extraordinary growth in profitability to these hospitals. That is the most …
March 17, 2004
A.M. Best Co. announced that it has downgraded the financial strength ratings to “A-” (Excellent) from “A” (Excellent) of the U.S. based property/casualty insurance subsidiaries of Winterthur Swiss Insurance Company (WSIC). Best noted that it had taken the same action …
March 17, 2004
Alleged insurance fraudster Michael Segal had a paralegal who worked in his Chicago-based brokerage take ethics and other legally required courses on his behalf, according to federal prosecutors. Segal’s trial on numerous counts of insurance fraud related to the alleged …
March 17, 2004
CNA has announced the release of its enhanced Business Account Package Policy (BAPP). The product will reportedly offer more choice and flexibility in small business coverage and limits, support profitable growth in small business, and give its independent agents the …
March 17, 2004
DriveCam Video Systems, a developer of fleet safety technology, announced that Ampco System Parking, a provider in parking management systems, has installed the Driving Feedback System to record and manage driving incidents and improve driving behavior. Since installing the DriveCam …
March 17, 2004
A 37-year-old former resident of Snohomish County, Timothy Smith, has pleaded guilty in Snohomish County Superior Court to first-degree theft after he was reportedly caught working for various employers while collecting workers’ compensation for a workplace injury. Smith was working …
March 17, 2004
Florida-based Bristol West Holdings Inc. has issued financial results for the fourth quarter and full year ended Dec. 31, 2003, with results for the comparable periods of 2002. James Fisher, chairman and CEO, said, “2003 was a very successful year …
March 17, 2004
The Louisiana Department of Insurance reported that a Jennings, La. insurance agent (producer) was booked on charges of forgery and theft in the latest of a series of insurance fraud arrests around the state. Shari Vincent Conner, 30, was arrested …