The Alabama Department of Insurance has filed an administrative complaint against a well-known Montgomery-based insurance company and its president, accusing the Goff Group and John W. Goff of wrongdoing involving customers’ insurance payments. The complaint accuses Goff of collecting more …
Oklahoma Attorney General Drew Edmondson announced that Insurance Commissioner Carroll Fisher was named in a Multicounty Grand Jury indictment unsealed in Oklahoma County District Court. Fisher was indicted July 28 on one count of embezzlement for allegedly depositing a $1,000 …
U.S.I. Holdings Corporation has reported that its revenues for the second quarter increased by $14.1 million, or 16.4 percent, to $100.4 million from $86.3 million last year at the same time. The revenue increase reflects the impact of acquisitions of …
Disaster Kleenup International Inc., an independent property damage restoration contractor company, announced that Ann Harris will be a general session speaker at its Insights 2004 Conference and Tradeshow. Harris, vice president of Aon Risk Services, will be speaking with Kathleen …
Columbia, S.C.-based ISO Claims Services Inc. has launched “Measures of Excellence,” a consulting service that helps insurance organizations create benchmarks for internal and industry best practices for consistent quality claims handling. The ISO Measures of Excellence technology recommendations have achieved …
Co-operators General Insurance Company, the largest Canadian-owned private sector property/casualty insurer, announced its second quarter, reporting consolidated after-tax net income of $38.0 million, compared to $25.3 million income for the same period in 2003. Gross written premium in the second …
Calling terrorism an “uninsurable social risk,” the legal and regulatory affairs director of the National Association of Mutual Insurance Companies (NAMIC) has encouraged the American Legislative Exchange Counsel (ALEC) to back an extension of the federal terrorism insurance program. Peter …
The Maine Workers Compensation Board is not subject to the more strict rules of evidence governing other courts and should be open to evidence from a variety of sources so long as it is sufficiently reliable, the state Supreme Court …
Maryland’s highest court has ruled that the state can be held liable for negligence if a child dies after social service workers mishandle reports of child abuse or neglect. “It is great news. The Court of Appeals joins the majority …
Royal & Sun Alliance announced it is selling sell its UK life insurance business to Resolution Group for $1.5 billion in a cash and stock deal. UK-based Royal & Sun Alliance said it will focus on its core general insurance …