A former Kentucky insurance agent has been indicted on fraud charges after allegedly forging signatures on 114 disability insurance applications. According to court documents, Ray W. Kennedy, 46, of Owensboro, Ky., received more than $14,000 in commissions from American Family …
Texas Mutual Insurance Company reported that an independent licensed insurance agent pled no contest to a charge of perjury in a workers’ compensation fraud-related case. A Travis County district court sentenced Richard Brian Aube of Dallas to one year of …
California’s State Compensation Insurance Fund has announced the filing of its Jan. 1, 2008, rating plan, making no change in the average collectible rate level. SCIF held the line on rates despite the Workers’ Compensation Insurance Rating Bureau’s filed recommendation …
Proving rumors true, California Insurance Commissioner Steve Poizner has filed a draft ballot initiative with the state Attorney General’s office designed to reduce the number of uninsured motorists on state roads and highways by imposing fines. The voter initiative, dubbed …
An insurance provider for the city of Billings, Mont., will appeal a verdict that awarded $1.3 million to a police officer who said he suffered retaliation for reporting the mishandling of illegal drugs within the department. The Montana Municipal Insurance …
Corporate America is making marked improvements in regulatory compliance despite persistent problems and the financial services industry ranks as a top-performer, according to a study of financial reporting and corporate risk by Compliance Week, a magazine and newsletter on corporate …
The Tennessee Supreme Court has ruled that a telecommuter who was attacked while preparing lunch in her kitchen wasn’t entitled to workers’ compensation benefits for her injuries. In the case of Kristina Wait v. Travelers Indemnity Co. of Illinois, the …
The National Conference of Insurance Legislators (NCOIL), elected the following officers for 2008: Sen. James Seward (NY) as President-Elect; Rep. Robert Damron (KY) as Vice President; Rep. George Keiser (ND) as Secretary; and Sen. Carroll Leavell (NM) as Treasurer. In …
Glen Sunyich has seen flames ravage the canyons and mountains above Malibu, Calif., three times and has been thankful his home was spared. The fourth time, he wasn’t so lucky. Sunyich’s home was among 49, along with two outbuildings, that …
District Judge Kenneth Martinez has sentenced the ex-business manager of an Albuquerque, N.M., mental health center to five years on probation for insurance and Medicaid fraud. The state attorney general’s office says 50-year-old Valerie Potter of Rio Rancho pleaded guilty …