Ventura County (Calif.) District Attorney Gregory Totten announced that the Workers’ Compensation Fraud Unit has obtained the conviction of defendant Karren Jeanette Thomas (DOB 12/10/56), of Ojai, of one felony count of workers’ compensation fraud. Thomas was a part-time employee …
Injured California cops and firefighters, their advocates and union leaders on Thursday blasted a reported proposal on cutting benefits to injured workers. The injured workers, their advocates and consumer advocates said the proposal would harm those who could least afford …
Michigan Office of Financial and Insurance Services (OFIS) Commissioner Linda Watters recently entered into a settlement agreement with Ultimed HMO of Michigan (Ultimed) for reportedly failing to file required financial information in a timely manner. The settlement required Ultimed to …
According to the National Association of Unclaimed Property Administrators, a 15-minute segment related to unclaimed property programs nationwide will air on the April 9 edition of Dateline NBC. Florida’s Department of Financial Services’ Bureau of Unclaimed Property is reportedly currently …
Oklahoma state Senator Mike Morgan, D-Stillwater, and state Representative Jari Askins, D-Duncan, announced a schedule for four issue-oriented hearings on tort reform. Morgan and Askins co-chair a special 23-member joint House-Senate committee that will examine the state’s civil justice system. …
The Arkansas Insurance Department issued a bulletin explaining compliance requirements of all property insurers licensed to do business in the state with Act 1345 of 2003, also known as the “Fire Loss Reporting Act of 2003” (“Act”), codified as Arkansas …
Fitch Ratings has downgraded Winterthur Swiss Insurance Company’s Insurer Financial Strength (IFS) rating to ‘A+’ from ‘AA’ and Long-term rating to ‘A’ from ‘AA-‘. The IFS rating for Winterthur Life, a wholly owned subsidiary of Winterthur Swiss Insurance Company, has …
FINEOS Corporation, a provider of banking and insurance software, is to extend its FINEOS Claims Manager product into public sector claims management. The product already serves clients in property & casualty (P/C) insurance as well as group risk lines of …
Rent-A-Wreck of America (RAWA) has retained Hilb Rogal & Hobbs Company, an insurance and risk management intermediary, to manage RAWA’s captive insurance company. Together with AIG, Hilb Rogal & Hobbs offer Rent-A-Wreck franchisees a complete portfolio of insurance products. Rent-A-Wreck …
A symposium on enterprise risk management (ERM), sponsored by four organizations with leading experts in the field, will be held April 26-27 at the Renaissance Hotel, Chicago. The ERM Symposium will explore and address risk issues common to various disciplines, …