Monthly Archives: <span>April 2006</span>

Insurance Scam Plotted by Mich. Prison Inmates Takes Fatal Twist

According to the Coalition Against Insurance Fraud, what started as a life-insurance fraud scheme ended up as an execution. Michigan inmates Cameron Wade Sanders and Kevin Mykolaitis hatched a con while in prison to create a fake business, take out …

New Report Rebuts Consumer Group’s Criticism of Med-Mal Insurers

A newly released report says that recent consumer groups’ criticisms of the medical malpractice insurance industry contain “systematic flaws and the intentional misuse of industry data.” “This new research points out the gross manipulation and blatant misrepresentation employed by these …

Ark. Reminds Insurers of Anti-Money Laundering Responsibilities

The Arkansas Insurance Department issued a reminder to insurers operating in the state of the upcoming May 2, 2006, effective date for the establishment of anti-money laundering programs. The department’s bulletin is available online at www.insurance.arkansas.gov/Legal%20Dataservices/Bulletins/2006/5.doc. The department said Bulletin …

PureSafety, Driver’s Alert to Offer Vehicle Monitoring, Online Driver Safety Education

PureSafety and Driver’s Alert will begin offering a market-leading combination of vehicle monitoring and online driver safety education to companies looking to reduce fleet accidents and related insurance costs. The partnership between PureSafety and Driver’s Alert is complimentary in nature. …

Mich. House Okays Ethics-related Health Insurance Bills

Michigan insurance companies and HMOs would not have to provide health care benefits that conflict with the organization’s moral or religious mission under legislation passed this week by the state House. The bill’s passage was cheered by Right to Life …

Kelly Vaden Joins QualCorp, Inc. as Project Manager

Valencia, CA – Kelly Vaden has been hired by QualCorp, Inc. to bring a different viewpoint on the world of project management. After an accomplished career as a senior programmer, Kelly made a major career change a couple of years …

Okla. Man Charged with Home Repair Fraud

A Shawnee, Okla., man was charged with three felony counts of home repair fraud after he allegedly received payment from three consumers for fences he did not build, Attorney General Drew Edmondson said. Christopher R. Guimbellot, 34, was charged in …

Beleaguered but Vital New Orleans Pumps Catch Fire

Three massive drainage pumps in New Orleans caught fire during heavy rain and will be out of commission at least a month, city officials said. Insulated wiring in dozens of pumps, including the three that caught fire April 26, was …

La. Recovery Authority Sheds Income Limits in Housing Plan

Lawmakers in Louisiana next week are expected to vote on Gov. Kathleen Blanco’s $7.5 billion housing plans, after several provisions were altered to make the post-hurricane rebuilding and buyout program more appealing to the Legislature. The Louisiana Recovery Authority voted …

Poe Financial Group’s 2005 Statements Go Online

The 2005 annual statements of Southern Family Insurance Co., Atlantic Preferred Insurance Co. and Florida Preferred Insurance Co. have been posted on the Internet by Kevin McCarty, Florida Insurance Commissioner. “I wanted everyone to see what my financial solvency people …