California Attorney General Bill Lockyer announced that Eliyahu Sharvit, owner of West Coast Movers, was sentenced in San Diego Superior County Superior Court for felony grand theft in connection with the firm’s handling of a Chula Vista woman’s move to …
Chief Financial Officer Tom Gallagher and Attorney General Charlie Crist announced the arrests of three South Florida residents on charges that they defrauded Chubb Insurance Company with false claims netting more than $1.5 million. “These greedy individuals deserve to be …
Insurer rating agency A.M. Best Co. has affirmed the financial strength rating of “A+” (superior) of Amelia, Ohio-based American Modern Insurance Group and its property/casualty affiliates. Best has also affirmed the financial strength rating of A- (Excellent) of American Modern …
Minnesota Commerce Commissioner Glenn Wilson is attempting to get legislators to establish an insurance fraud prevention unit within his department, according to the Minneapolis Star-Tribune. A bill doing just that passed the Senate Commerce Committee. Minnesota is one of nine …
California-based Unico American Corporation announced that for its quarter ended Dec. 31, 2003, revenues were $14,193,026 and the net income was $1,007,853 ($0.18 diluted income per share) compared with revenues of $11,967,880 and net income of $185,786 ($0.03 diluted income …
With the spring hail season virtually upon much of the country, Dent Wizard announced that they would utilize CSi Complete’s customer satisfaction indexing program as a component of overall marketing, management and measurement efforts. “With a variety of customers to …
Western Growers’ board of directors last week unanimously voted to endorse the Workers’ Compensation Reform and Accountability Act, the proposed workers’ compensation initiative. The Act targets fraud and abuse, guarantees fair compensation for verifiable injuries, places qualified doctors in charge …
To respond to the growing needs in California for affordable workers’ compensation insurance, Compensation Risk Managers (CRM) has begun offering coverage through three new programs that serve workers in the industries of contractors, plastics manufacturers and auto dealers. The three …
Coral Insurance Company, an admitted Florida insurance carrier and fully-owned subsidiary of Coral Enterprises LLC, has now begun underwriting homeowners insurance, initially with a dozen Dade, Broward and Palm County agents. The company is initially capitalized at $8 million and …
On the fourth anniversary of a devastating tornado that hit Fort Worth and parts of Arlington, Texas on March 28, 2000, there are lingering reminders of the effects of that storm. For years, visitors to downtown Fort Worth had only …