Monthly Archives: <span>April 2005</span>

N.J. Businessman Sentenced in Auto, Chiropractic Scam

New Jersey Division of Criminal Justice Director Vaughn McKoy announced that an Essex County man has been sentenced for participating in a conspiracy to defraud New Jersey insurance companies out of more than $1.2 million as part of a broad-based …

Disaster Response and Recovery – Starts and Ends at the Local Level

As the nation becomes better prepared to recover from natural and man-made disasters, the development and importance of long-term recovery committees is reportedly becoming increasingly evident. A long-term recovery committee is the coming together in common purpose of representatives — …

RMS Reports Less than 3% Gain in Average Annual Losses Due to New Fla. Annual Hurricane Deductible

As Florida’s annual hurricane deductible law goes into effect on May 1 for the state’s residential policyholders, Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, released the results of an analysis exploring …

Fireman’s Fund Contributes More than $500,000 to Chicagoland Firefighters

Fireman’s Fund Insurance Company is awarding fire agencies throughout the Chicagoland area with more than $500,000 in grants and donations for firefighting equipment, firefighter training, community fire safety education, fire safety tools and community emergency response programs. In response to …

Ohio Woman Arrested in Workers’ Comp Scam

The Ohio Bureau of Workers’ Compensation (BWC) announced a Clark County woman has been sentenced for a felony charge of workers’ compensation fraud. Roxanne Anania was sentenced to five years probation, $2,447.36 in investigative costs, and ordered to pay restitution …

IFM Says Man’s Best Friend Doesn’t Have to be an Insurance Liability

Dog owners need to be sure they do more than put food and water out each day for their pooch. They need to understand their potential liability if their dog bites someone, according to the Insurance Federation of Minnesota (IFM). …

Panhandle Counties Continue on Road to Ivan Recovery

Nearly $1 billion in federal assistance has been approved for 16 hard-hit Panhandle counties as they continue to recover from Hurricane Ivan’s September onslaught. Aid amounting to $984 million has been earmarked to help the recovery from damages suffered when …

Erie Insurance Says Vacations Can be Fun

Preparing for vacation can be quite a task. But before folks hit the road, stopping to take a few extra precautions could keep a vacation from costing more than they bargained for. “You can save quite a bit of money …

Philadelphia Woman Finds Posing as Fake PhD Can Get One in Trouble

New Jersey Division of Criminal Justice Director Vaughn McKoy announced that a Philadelphia woman has pleaded guilty to bilking the Medicaid Program out of more than $9,400 by falsely claiming that she had a Doctorate in psychology and, as a …

CAS Talks Mergers and Acquisitions, Finite Insurance at Phoenix Meeting

The actuarial role in mergers and acquisitions and the future of finite insurance will be among the topics featured at the Spring Meeting of the Casualty Actuarial Society (CAS), May 15-18, at The Pointe South Mountain Resort, Phoenix, Ariz . …