Vaughn McKoy, director, Division of Criminal Justice, announced that New Jersey’s Division of Criminal Justice – Office of Insurance Fraud Prosecutor has charged a Morris County businessman with stealing a $6,000 surety bond which was required to insure a Bernards …
Governor John E. Baldacci has signed into law legislation to restructure the Maine Workers’ Compensation Board. The goal of the restructuring is to end the gridlock that has increasingly frustrated the board’s ability to carry out its statutory responsibilities. The …
For the sixth consecutive year, the Risk Management Unit of CNA insurance companies will present its Safety in Excellence Award to Fresenius Medical Care North America (FMCNA), the North American subsidiary of Fresenius Medical Care AG. CNA’s award acknowledges a …
Asbestos litigation reform legislation introduced Wednesday by Senate Majority Leader Bill Frist (R-Tenn.) and Senate Judiciary Committee Chairman Orrin Hatch (R-Utah) represents a significant step forward in the effort to address the concerns of victims as well as the business …
The Council of Insurance Agents & Brokers (CIAB) reported it will dismiss its federal lawsuit challenging West Virginia’s counter-signature requirements for out-of-state insurance brokers because the state has moved to overturn that statute. Ken Crerar, president of The Council, praised …
Arrested in London late last year after more than a decade as a fugitive, Nofio Pecoraro Jr., 53, has been extradited to face trial on federal charges connected to his family’s failed insurance company. According to the Associated Press, Pecoraro …
Arkansas Insurance Commissioner Mike Pickens will spend the next two months in Iraq helping that country’s new leaders establish an insurance system, the Associated Press reported. Pickens, who has also helped officials in Egypt, China, Vietnam and India restructure their …
Texas Mutual Insurance Company reported that Doze Construction Co. Inc. of Gun Barrel City, Texas, has pleaded guilty to workers’ compensation fraud-related charges. Judge Julie Kocurek of the 390th Travis County District Court ordered the company to pay a $100 …
Big “I” Markets, an online market access program developed by the Independent Insurance Agents & Brokers of America (the Big “I”), announced an expansion of its partnership with Fireman’s Fund Insurance Company that will empower member agents and brokers to …
Following an historic meeting in Chicago, where the most influential and successful members of the cleaning and mitigation industry had gathered, 38 leading independently owned and operated services elected to form a new network of the best-of-the-best companies. The Independent …