A 49-year-old Nassau County, New York woman has been arrested on charges of fraudulently collecting $20,000 in workers’ compensation benefits, the New York State Insurance Department reported. Maria Escobar, of Valley Stream, was charged with fraudulent practices following her arrest …
Connecticut Insurance Commissioner Thomas R. Sullivan reports that his agency has recovered more than $1.4 million in the third quarter from settling consumer complaints. It is the highest recovery total for the department in six consecutive quarters. On average, the …
As New York enteerd winter weather awareness week, Floyd Madison, the state fire administrator, warned the public of the dangers associated with kerosene heaters, wood or pellet stoves and long-unused fireplaces. As energy costs soar, more New Yorkers are likely …
Bermuda-based RenaissanceRe will release third quarter 2008 results following the close of market today, Tuesday, October 28, 2008. The Company will conduct an investment community conference call tomorrow, Wednesday, October 29, 2008 at 9:30 AM ET to discuss its financial …
Responding to news that Loews Corp., the parent company of commercial insurer CNA Financial Corp., will pour up to $1.25 billion into CNA to boost its surplus, rating agencies A.M. Best Co. and Moody’s said CNA’s ratings remain unchanged. A.M. …
The world’s reinsurers expect the intensifying financial market storm will allow them to push through higher prices for the risk cover they offer insurance companies. The world’s No. 2 and No. 4 reinsurers, Munich Re and Hannover Re, on Monday …
The motorcycle facility rate in Mississippi is rising at an alarming rate and safety instructors are looking at ways to lure motorists to certified motorcycle safety classes as a way to help reduce the number of deaths each year. With …
Minnesota State Rep. Jim Oberstar on Oct. 26 criticized the National Transportation Safety Board after a published report said investigators for the agency have determined an original design flaw is the likeliest reason for the collapse of the Interstate 35W …
The Ohio Supreme Court delivered a second blow to people seeking damages in asbestos-related cases October 22, throwing out a widow’s claim that a company that insulated the pipes at her husband’s workplace shared responsibility for his death. In a …
The U.S. Attorney’s Office has charged two people from Cedar Rapids, Iowa with disaster relief fraud in separate indictments. Jermaine Graham and Kelley Brutsman face charges that they falsely told FEMA they lived in a flood disaster area in June …