The Louisiana Department of Insurance announced that a New Orleans-area bail bond agent was shut down on charges of operating without a valid license, alleged violations of the law involving personal surety bonds, and engaging in a number of other …
A man who ran a pub in England while on the lam from Louisiana’s 1990s insurance scandals pleaded guilty to a federal charge and faces up to five years in prison, the Associated Press reported. Nofio Pecoraro Jr., 54, entered …
Doctors are leaving Arizona because of skyrocketing medical malpractice insurance premiums, according to the Tucson Citizen. Some physicians cannot find affordable insurance and surrounding states with lower premiums are becoming more enticing. Hand surgeons in the area have been hard …
Illinois Acting Director of Insurance Deirdre K. Manna has denied the insurance producer license of Dennis L. Hartwig of Posen, Ill., effective April 5, 2004. Hartwig’s license was denied by director’s order from Hearing No. 4093, based on an insurance- …
Richard W. Peterson, 63, of San Francisco, a former insurance broker/agent, was arrested April 19th at Miami International Airport on federal fraud charges for allegedly selling approximately $4 million of fake insurance policies allegedly underwritten by Lloyd’s of London (Lloyd’s). …
Legislative leaders are predicting a battle over whether the state should place caps on non-economic damages in medical malpractice jury awards. The House of Representatives is scheduled today to debate the long-awaited legislation aimed at controlling skyrocketing medical malpractice insurance …
The National Association of Mutual Insurance Companies has released a comment on the Senate’s failure to invoke cloture on the pending asbestos litigation reform bill, S. 2290, which would have allowed floor consideration of legislation to reform the asbestos litigation …
The National Association of Professional Insurance Agents has issued a statement praising “leaders and members of the House Financial Services Committee who sent a letter to Treasury Secretary John Snow urging the extension of the ‘make available’ provision to the …
Rey Becker, the Property Casualty Insurers Association of America’s (PCI) vice president, personal lines, addressed insurance company CEOs, presidents, vice presidents and other senior executives about the ongoing fight against fraud at a recent summit in New York City. Becker’s …
Insurance companies and other underwriters in Pennsylvania reported paying less for malpractice claims against medical professionals last year, according to a federal agency, even though doctors complain that rising premiums are forcing them to leave the state, close their practices …