United States Attorney Frank Whitney announced recently that Stanley Van Etten, 42, of Millbrook Road, Raleigh, North Carolina, and Bridgestone Drive, Orlando, Florida, was indicted by a federal grand jury in Raleigh, for offenses related to a failed real estate …
North Carolina Insurance Commissioner Jim Long announced a voluntary settlement agreement between the North Carolina Department of Insurance (NCDOI) and two companies, UnitedHealthcare of North Carolina Inc. (an HMO) and United HealthCare Insurance Company. The settlement comes after NCDOI officials …
As part of the disaster response to September’s Hurricane Ivan flooding in West Virginia, $7,738,745 has been paid so far in claims through the National Flood Insurance Program (NFIP), federal and state officials announced. The flood insurance payments are in …
Minnesota drivers are asked to take warning. This Saturday (Nov. 6) Minnesota’s deer hunting season officially opens, and it’s safe to say that deer, which are already busy mating and migrating, are on the move across the state. According to …
The Ohio Bureau of Workers’ Compensation (BWC) announced a Cuyahoga County man, Joseph Olasky, has been indicted for workers’ compensation fraud. It is estimated that Olasky defrauded BWC of $20,608.85. BWC special investigation unit (SIU), was alerted of possible fraud …
The Bermuda-based PXRE Group announced third quarter results, which were impacted by the Florida hurricanes. The net loss for the period was $73.2 million compared to net income of $23.7 million in the third quarter of 2003. Net operating loss …
French reinsurer SCOR Group recently approved the company’s financial results for the nine months ended Sep. 30, 2004. SCOR has been through some rough times, but the results, which included 54.3 million euro ($70 million) in consolidated net income, compared …
The Coalition for Affordable and Reliable Healthcare (CARH) has issued a resounding call to action in the wake of this week’s election results. Medical liability reform gained momentum on Tuesday with a successful ballot measure in Nevada, where voters chose …
A Brick Township, New Jersey man has been sentenced to 30 months in federal prison for committing mail fraud while fraudulently inducing people to invest in his companies that purported to market and sell “hurricane straps” to hold down homes, …
Michael Anthony Green, 43, of Hawthorne, Calif., surrendered himself to Orange County authorities after a warrant had been issued for his arrest. His arrest is the result of an investigation by the California Department of Insurance’s Fraud Division (CDI). Green …