Maryland Attorney General J. Joseph Curran, Jr., announced the filing of criminal theft and insurance fraud charges against Jeffrey Stevens of Rehoboth, Delaware. In a two (2) count criminal indictment filed in the Circuit Court for Baltimore County, Stevens was …
The death of a worker who fell 15 feet from an unguarded scaffold at a Long Island City, New York worksite would have been prevented if his employer had supplied the required fall protection, reports the U.S. Labor Department’s Occupational …
Amid allegations of fraud, missing and wrongly moved federal funds and a cover-up by the Inspector General’s Office, U.S. Senators Barbara Mikulski and Paul Sarbanes, both Democrats from Maryland, have called for a Department of Justice investigation into the Federal …
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of New Zealand Local Government Insurance Corporation Limited (Civic Assurance). The outlook is stable. The rating reflects the company’s prudent capitalization, adequate liquidity and improved underwriting performance. The …
California-based Zenith National Insurance Corp. reported net income of $25.4 million for the third quarter of 2004 compared to net income of $16.1 million for the third quarter of 2003. Net income for the nine months ended Sept. 30, 2004 …
Atlanta-based Crawford & Company, an independent provider of claims management solutions to insurance companies and self-insured entities, announced its financial results for the third quarter ended Sept. 30, 2004. Third quarter 2004 revenues before reimbursements totaled $185.9 million, up 8% …
Texas-based American National Insurance Company announced third quarter 2004 net income of $46,989,000 ($1.77 per share) compared to $43,960,000 ($1.66 per share) for the same period in 2003. After tax net gain from operations for the third quarter was $42,700,000 …
California insurers are continuing to work closely with their policyholders to pay more than $2.04 billion contained in 19,130 claims filed after the devastating 2003 Southern California wildfires, insurance trade association representatives reported recently. “Today (Oct. 22) marks the first …
The Public Entities Department of Victor O. Schinnerer & Company (DBA Schinnerer Insurance Services) has announced several new lines of coverage for all types of public entities. Now available: * Auto Physical Damage Insurance for vehicles such as trucks, buses, …
Risk Management Solutions (RMS) announced that the latest and most comprehensive view of the evolving terrorism risk facing the U.S. has been incorporated into a new version of the RMS U.S. Terrorism Risk Model. The model reflects the proliferation of …