New Jersey Attorney General Peter Harvey announced that a Camden County woman was sentenced to seven years in state prison for stealing more than $600,000 from Allstate Insurance Company’s Burlington County Office while employed as a Claims Process Specialist. According …
The U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) has cited Mosley Building Systems Inc. for exposing workers to fall hazards at a Robertsdale job site. The agency is proposing penalties totaling $63,300 following its investigation of a fatal …
Canada-based Fairfax Financial Holdings Ltd. announced that its 2004 Annual Report includes a report by management concluding that the company’s internal control over financial reporting was effective as of Dec. 31, 2004, and an opinion by Fairfax’s independent auditors to …
A.M. Best Co. has assigned a financial strength rating of B+ (Very Good) to Century Insurance Co. Ltd. (CIC) (Northern Mariana Islands). The rating outlook is stable. The rating reflects CIC’s well established market presence in Saipan, continuous profitable operation …
Fitch has downgraded the Insurer Financial Strength rating of Idaho-based direct writer General Fire and Casualty Company (GenFire) to ‘BB-‘ from ‘BB+’ and placed the rating on Rating Watch Negative. This action follows GenFire’s request for a 30-day extension for …
The Washington Department of Labor and Industries has put Skanska USA Building Inc. on notice that it will lose its certificate to self-insure if it doesn’t improve the way it manages workers’ compensation insurance claims. In addition to the “corrective …
The Oklahoma House of Representatives on Thursday passed comprehensive workers’ compensation reforms which will result in economic development opportunities for the state, according to the American Insurance Association (AIA). “This legislation is a major step towards meaningful reform and a …
New Jersey Attorney General Peter Harvey announced that the fugitive former owner of a Middlesex County invalid coach transportation company has been sentenced to seven years in state prison for defrauding the Medicaid program of more than $472,000. According to …
New Jersey Attorney General Peter Harvey has issued the 2004 Annual Report for the New Jersey Office of the Insurance Fraud Prosecutor (OIFP). The Report details investigations, prosecutions, and other activities undertaken by the Insurance Fraud Prosecutor during 2004. “At …
A total $10.1 million in grants has been approved for assistance for 7,763 claims in Indiana since the disaster declaration on Jan. 21, according to figures released by the Federal Emergency Management Agency (FEMA) and the Indiana State Emergency Management …