Florida Attorney General Charlie Crist announced that his office arrested a Tampa podiatrist for defrauding more than $120,000 from the state’s Medicaid program by filing more than 6,800 false claims to the program. Dr. Donald Beckett was charged with Medicaid …
Pennsylvania Insurance Commissioner Diane Koken on Wednesday announced that the Insurance Department has recently approved a 2.89 percent average rate reduction for workers’ compensation premiums, which will save employers an additional $32.5 million in workers’ compensation costs this year. “Pennsylvania …
What it lacked in controversy, the South Dakota Legislature made up for by addressing issues that matter to the everyday business of the property/casualty insurance industry, according to a representative of the National Association of Mutual Insurance Companies (NAMIC). “Despite …
The Federal Emergency Management Agency (FEMA) and the Governor’s Office of Emergency Services (OES) announced that a Disaster Recovery Center (DRC) has opened in Anaheim, California to serve residents who suffered damages during the severe storms of Dec. 27, 2004 …
The U.S. property and casualty industry posted stronger underwriting results and profitability in 2004 relative to 2003, despite sharp increases in catastrophe losses for many market participants related to the third-quarter hurricane events in Florida and in the southeastern U.S., …
Federal and state disaster assistance agencies in Florida are reportedly gaining ground with recovery efforts in the Sunshine State six months after Hurricane Jeanne – the last of the 2004 hurricanes – made landfall Sept. 25, 2004. The unprecedented four …
Maryland Attorney General J. Joseph Curran, Jr. announced that his Consumer Protection Division has entered into a settlement with Converge Services Group L.L.C. (doing business as “SureDeposit”), of 14 Main Street, Madison, N.J. and its owners, Stuart Litwin and Daniel …
New York Attorney General Eliot Spitzer announced a lawsuit against a Broome County home improvement contractor for making false promises to consumers. Robert Jester, the owner of Accredit Home Improvement of Vestal, was served with a lawsuit alleging deceptive business …
Levi Scott Adams, 23, of San Mateo, was arrested recently by investigators from the California Department of Insurance’s Fraud Division and the San Mateo County District Attorney’s Office on three felony counts of workers’ compensation insurance fraud and one felony …
An often-overlooked deduction may help turn a major property loss into a sizeable gain at tax time, according to the Insurance Information Network of California (IINC). The deduction for unreimbursed casualty and theft losses allows uninsured property damage to be …