In a speech Monday to the Detroit Economic Club on highway safety policy, Robert Darbelnet, president and CEO of AAA, North America’s largest organization for motorists, urged the nation to recognize the epidemic of nearly 43,000 highway deaths each year …
Bloodhound Inc. announced an agreement with Acclamation Systems Inc. to provide greater technical integration for their respective services and applications, to existing and future customers in the medical claims processing industry. The two companies have also established co-marketing programs to …
An often-overlooked deduction may help turn a major property-casualty loss into a sizeable gain at tax time, according to information released by The Insurance Information Network of California (IINC). The deduction for unreimbursed casualty and theft losses allows uninsured property …
The California Department of Corporations has issued subpoenas to five entities seeking information on the possible widespread, illegal selling of viaticals or “death benefit” investments in California. “The purpose of the Department’s inquiry into possible illegal sales of viaticals is …
New Jersey Attorney General Peter Harvey announced that an Essex County woman and two Philadelphia men have been charged with concocting a fraudulent motor vehicle accident “jump in” scheme designed to collect insurance claim monies. The classic “jump in” scheme …
Pennsylvania Emergency Management Agency Director David Sanko has urged renters and property owners to purchase flood insurance policies now to provide financial protection from potential spring and summer storms. “It takes 30 days for a flood insurance policy to be …
Bradley Wilson, president of Florida-based North American Liability Group, announced that the company has successfully negotiated a Re-insurance Agreement on an 80 percent quota share basis, with a Best A-Rated Re-Insurance Company. Final negotiations are expected to be completed within …
The Houston Association of Insurance Women (HAIW) announced their new officers for 2004. They are: president – Merry Jane Eversole, American Financial Services; president elect – Sharon Hill, Harco Insurance Services; vice president – Patricia Barnes-Casteig; The Comp Solutions Network; …
Nevada Insurance Commissioner Alice Molasky-Arman has approved the filing of State Farm Fire and Casualty Company for an overall statewide increase of 24.8 percent for manufactured home insurance, or approximately $701,000 in premium. The individual rates will vary considerably, depending …
A five-year undercover investigation into a staged auto collision ring came to a conclusion last Friday with the sentencing of the final attorney implicated by the joint efforts of the California Department of Insurance (CDI) Fraud Division and the Federal …