Chad Croner, 30, of Meridian, Idaho was sentenced to one to five years in prison for insurance fraud, Attorney General Lawrence Wasden said. Fourth District Judge Joel Horton suspended the sentence and ordered Croner to serve 180 days in the …
American farmers and independent insurance agents selling crop insurance reportedly scored an important victory late Friday, when the Federal Crop Insurance Corp. (FCIC) Board put the brakes on the proliferation of Premium Reduction Plans (PRPs) pending further review. The FCIC …
Kansas Attorney General Phil Kline has filed charges against two Saline County residents for submitting claims to the Kansas Medicaid program for services that were allegedly not provided. Christal M. Countryman, 36, and Tammy Lajean Brown, 37, both of Salina, …
Mitigation grants totaling $24.4 million for the Territory of Guam have been approved by the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA). The money is being made available under FEMA’s Hazard Mitigation Grant Program (HMGP), pursuant to …
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of Imagine Insurance Company Limited (Imagine) (Barbados). Concurrently A.M. Best has assigned an issuer credit rating of “a-” to Imagine. All ratings have a stable outlook. These ratings …
Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, announced that it provided the risk analysis for a securitization of U.S. hurricane and earthquake risk by The Hartford Financial Services Group Inc. Issued …
Crews of professional estimators, supervised by architects and engineers, are helping local officials in 10 of the hardest-hit Florida counties assess the level of hurricane damage to several thousand residential structures in order to determine their reconstruction requirements. Under Florida …
The Ohio Bureau of Workers’ Compensation (BWC) announced recently paid medical costs for workers’ compensation claims were 6.7 percent, about $15 million, lower than expected for the first quarter of fiscal year 2005. From July 1, 2004, through Sept. 30, …
Risk managers and safety professionals got some bad news and good news about serious on-the-job injuries – those causing an employee to miss six or more days of work – from the latest findings of the annual Liberty Mutual Workplace …
Massachusetts Gov. Mitt Romney unveiled an ambitious proposal on Sunday for expanding health care coverage to 460,000 uninsured Massachusetts residents, while extending an invitation to Democrats to join in the effort. Romney laid out his “Commonwealth Care” plan in a …