A number of former Executive Life Insurance Co. policyholders have announced the launch of the Executive Life Action Network (www.executivelife.org) to help recover more than $4 billion in losses from the largest financial fraud in California history. The network was …
More than 140,000 volunteers reportedly continue to answer the call to help Florida residents recover from the four hurricanes that have hit the state since August. In coordination with the Federal Emergency Management Agency (FEMA), the State Emergency Response Team …
Ohio-based Safelite Group Inc., a provider of property and casualty claims management solutions and auto glass repair and replacement products and services, announced several favorable rulings related to the company’s counterclaims filed against Diamond Triumph Auto Glass. In a ruling …
A.M. Best Co. has assigned a financial strength rating of B++ (Very Good) to Primary Insurance Company Limited (PICL) (Dublin, Ireland). The outlook is stable. The rating reflects PICL’s very good capitalization and improving business profile. Offsetting factors are the …
State and federal financial assistance to help Pennsylvania individuals, families and businesses recover from the September tropical storms now reportedly exceeds $79 million. In the two months since the disaster declarations, the Federal Emergency Management Agency (FEMA) has approved $60.6 …
Mediation meetings began Monday in Punta Gorda, Orlando, Jupiter and Pensacola to provide Floridians with a process to quickly and fairly settle disputes with insurance companies, at no cost to them. To date, more than 1,000 homeowners have requested mediation. …
Mutual Risk Management Ltd. (MRM) announced on Monday that the federal judge presiding over its multi-million dollar claim for tortious interference against John Hancock Life Insurance Company (Hancock) has denied Hancock’s motion to have the case dismissed and set the …
In an effort to help homeowners prevent one of the most frequent causes of major property losses, Travelers, a member of St. Paul Travelers, is sponsoring several fire safety programs around the country including the documentary “Wall of Fire.” Told …
A Multicounty Grand Jury indictment unsealed late last week names former Oklahoma Insurance Department employee Opal Ellis on four counts of making a false, fictitious or fraudulent claim, Attorney General Drew Edmondson said. Ellis, the former special assistant to former …
A graduate student at the California Institute of Technology has been convicted of a series of arson charges related to firebomb attacks on sport utility vehicles in the San Gabriel Valley last year. William Jensen Cottrell, 23, who prior to …