Monthly Archives: <span>June 2010</span>

Calif. Woman Convicted for Workers’ Comp Insurance Fraud

An El Centro, Calif., woman and former employee of Centinela State Prison have been convicted for workers’ compensation insurance fraud, the California Department of Insurance reported. On June 9, 2010, Rosa Pitones was convicted in the Imperial County Superior Court …

Only Republicans Running for Kansas Insurance Post

Voters in Kansas’ Aug. 3 Republican primary will probably decide the insurance commissioner’s race. No Democratic, Libertarian or Reform Party candidates filed for the office before the June 10 deadline. Incumbent Republican Sandy Praeger, of Lawrence, is seeking her third …

Best Sees No Change in Old Republic’s Ratings from PMA Acquisition

A.M. Best Co. has commented that the ratings of Chicago-based Old Republic International Corporation’s P/C, title and life operating subsidiaries are unchanged following its proposed acquisition of the outstanding common shares of Pennsylvania-based PMA Capital [See IJ web site – …

Best Places PMA Capital and Subs Ratings under Review/Positive

A.M. Best Co. has placed under review with positive implications the issuer credit rating (ICR) of “bbb-” and debt ratings of PMA Capital Corporation of Blue Bell, PA, following the announcement that PMA Capital and Chicago-based Old Republic International Corporation …

Best Affirms Liberty Mutual, Subs ‘A’ Ratings; Outlook Negative

A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Liberty Mutual Insurance Companies and Peerless Insurance Company Pool and their members, as well as UK-based Liberty Mutual Insurance …

Geico Files $1.8M Lawsuit over Alleged No-Fault Fraud in New York

Insurer Geico has filed a $1.8 million lawsuit alleging a Queens radiology center orchestrated a no-fault auto insurance fraud scheme that involved thousands of suspect claims for service. Geico did not identify the 10 defendants by name, but said they …

Ohio Car Theft Victim Finds Alleged Chop Shop

A Cleveland man frustrated over the theft of his Honda Civic decided to track it down himself, and police say his search led to the bust of a car-theft ring and chop shop. Twenty-year-old Christopher Bravo said he saw his …

Conflict Seen Between 2 Deals for 9/11 Responders

Thousands of 9/11 rescue and recovery workers suing New York City over their exposure to clouds of pulverized glass and cement at the World Trade Center site have to decide whether they have more faith in their lawyers or Congress. …

Vermont Dealing with Airport Parking Lot Break-Ins

Authorities are dealing with 15 break-ins at an auxiliary parking lot at Vermont’s Burlington International Airport. City officials say the break-ins happened between April 21 and 26 at the overflow lot on the north end of the airport. That’s where …

J&J Execs Briefed on ‘Phantom Recall’ of Motrin

Johnson & Johnson executives were briefed on an outside contractor’s plan to buy up defective painkillers instead of issuing a recall, documents obtained by The Associated Press on Friday indicate. E-mails sent to J&J last spring by contractor Inmar show …