A Loxahatchee, Fla. woman, who faked her death in Jamaica to collect on a $260,000 life insurance policy has been arrested by investigators from the Department of Financial Services’ Division of Insurance Fraud. Golden Marie Vasquez, also known as Golden …
Patricia Kirschling has joined National Builders Insurance Services as vice president. Kirschling has more than 25 years of insurance industry experience. Her assignments have included claims, underwriting, product development, marketing and production. Prior to joining NBIS, Kirschling was affiliated with …
St. Louis-based GMAC Insurance issued the top five RV claims along with tips to avoid getting into these situations. As the Fourth of July is the unofficial start of the summer vacation season, and this year, more Americans than ever …
The 2004 hurricane season has led to a much greater focus on aggregate risk and this will prompt changes in catastrophe risk assessment, attendees at the Casualty Actuarial Society (CAS) Spring meeting heard. Randall Brubaker, senior vice president, Aon Corp, …
The Treasury Department on June 30 released a long-awaited report on the Terrorism Risk Insurance Act of 2002 that concludes the act should not be renewed by Congress in its current form. The report finds that TRIA has achieved its …
It’s essential to prepare now in case that one-in-10,000 major hurricane hits the Southern United States, Roger Looyenga, CEO of Auto-Owners Insurance told conventioneers attending the Florida Association of Insurance Agents 101st Convention and Education Symposium in Orlando, Fla. Auto-Owners, …
Oklahoma Insurance Commissioner Kim Holland announced she is ordering First Choice Healthcare to stop conducting unauthorized business involving insurance in Oklahoma. The order states that the company has violated state law by misleading consumers regarding health related discount cards. The …
The Louisiana State Police reported that troopers from its fraud unit have arrested Sam Medica, age 42, of Alexandria, who is charged with LRS 14:67.16 Identity Theft (1 Count). The arrest follows a year-long investigation that began when insurance fraud …
Houston-based SureTec Financial Corp. announced the sale of its subsidiary, PCL Contract Bonding Agency, located in Lewisville, Texas. The acquiring individuals include Clem Lesch, president of PCL, and a group of individuals associated with Independent Insurance Group Inc. of Dallas. …
A.M. Best Co. announced that it has affirmed its Syndicate Rating of “A” (Excellent) and the issuer credit rating of “a” of Lloyd’s Syndicate 3000 which is managed by Markel Syndicate Management Ltd. The outlook for both ratings is stable. …