Insight Catastrophe Group, a specialty provider of property catastrophe risk management and underwriting services, announced a partnership with Jim Stanard and Rod Fox through their newly-formed organization, New Asset Class Management (New Asset Class). New Asset Class has made an …
A debris burn that apparently got out of control scorched approximately 250 acres in Washington County, N.C., on Sunday, just four days after the state temporarily lifted an outdoor burning ban. No injuries were reported and only a few people …
Standard & Poor’s Ratings Services and Fitch Ratings have both withdrawn their ratings on CNA Financial Corporation’s insurance subsidiary, Transcontinental Insurance Company, due to its merger on Dec. 31 into its direct parent company, National Fire Insurance Company of Hartford. …
The Texas Department of Insurance Division of Workers’ Compensation reported that Commissioner of Workers’ Compensation Albert Betts signed a rule establishing incentives for performance-based oversight for workers’ comp carriers and health care providers. Under the rule signed Dec. 28, 2007, …
Texas Mutual Insurance Company reported it recovered more than $1 million in workers’ compensation fraud last year. The company also announced that Texas Mutual investigators Victoria Quintana and William Muhr earned the designation of Certified Fraud Examiner (CFE) from the …
The Kentucky Office of Insurance Fraud Division arrested a Somerset, Ky., insurance agent last month following an indictment on 11 felony counts of insurance fraud and four felony counts of possession of a forged instrument. James Garner Sadler, 57, of …
No complaints have been received by the Texas Department of Insurance (TDI) on how the insurance industry handled any of the estimated 5,000 auto, homeowner and commercial claims that resulted from Hurricane Humberto, the Insurance Council of Texas (ICT) reported. …
A second man from Springfield, Ore., has filed a lawsuit in Nebraska alleging that the Omaha Archdiocese ignored reports that one of its priests was having improper contact with children. The lawsuit was filed this week in U.S. District Court …
The Proformance Insurance Co., the main operating subsidiary of National Atlantic Holdings Corp., a provider of specialized property-casualty insurance products based in Freehold, N.J., has appointed Thomas Glowacki as vice president of claims. Prior to joining Proformance, Glowacki served as …
Erie Insurance Group says an internal investigation shows the company properly handled a claim by former Pennsylvania Superior Court Judge Michael Joyce. Joyce has been indicted on charges he bilked Erie Insurance and State Farm out of $440,000 in an …