July 20– ARCHDALE– A 55- year-old Archdale woman faces a charge of embezzlement, according to a N.C. Department of Insurance news release. Officials on Tuesday arrested Sandra Rozier Freeman, of 7128 Mendenhall Road, the release states. She is accused, while working as an agent for Doug Smith Agency, of taking $1,450 in insurance premiums and converting them to her…
Newswires
–Amgen today announced that it has entered into an agreement with plaintiffs to resolve In re Amgen Inc. Securities Litigation, CV-07-2536 PSG, a previously disclosed securities class action lawsuit pending in the United States District Court for the Central District of California. Amgen believes the action has no merit, and the settlement does not…
July 20– PORTLAND, Maine– Cross Insurance has purchased competing Bangor- based insurer Sargent, Tyler and West for an undisclosed price. “The Bucksport office will continue to be managed by Terry Grindle, and remain a separate branch office,” Alice Dyer, vice president of Cross Financial Corp., said in a news release. Cross Insurance has made a string of acquisitions…
Rick Snyder on Wednesday tapped state government veteran Wanda Stokes as his new director at the Talent Investment Agency. Stokes is a deputy director at LARA with responsibility for litigation risk management and helps oversee the Bureau of Employment Relations, the Michigan Administrative Hearing System, the Michigan Occupational Safety and Health…
July 20– Here’s hoping Florida’s hurricane-free streak continues for a full 11th season. Use The Palm Beach Post’s exclusive and free insurance guide. Not every insurer writes new policies in South Florida during storm season, but know your options and be ready to act.
July 20– NEWBURYPORT– City officials, business leaders, restaurant owners and residents with generous hearts are gearing up for a fundraising event tonight to assist victims of a recent fire on Liberty Street. Among them was Abraham’s Bagels, a landmark eatery that has been a staple on Liberty Street for decades. The law office Liberty Law has temporarily moved…
Standard travel insurance may cover trip cancellations if a terror attack takes place shortly before your arrival, according to Rachael Taft of SquareMouth.com, a travel insurance comparison site. For example, depending on the policy, insured travelers cancelling trips to Nice, France, may be eligible for refunds for trips scheduled within seven to 30 days of…
July 20– The wife of businessman Jose Lantigua, who was arrested last year after being reported dead in Venezuela, has agreed to forfeit more than $800,000 as part of resolving federal fraud charges. Simpson is scheduled for a 4 p.m. hearing in front of U.S. Magistrate Monte Richardson. State prosecutors turned over their case to the U.S. Attorney’s Office…
–CNA today announced the appointment of Rick Childs to Vice President, Underwriting for the company’s Construction Segment, effective immediately. “Rick has been intimately engaged in helping develop the strategies and operational tactics that have made CNA’s Construction Segment one of the strongest brands in the industry,” said Kevin Leidwinger,…
July 20– TAVARES– New Mayor Lori Pfister, who assumed that position after Gov. Rick Scott suspended Robert Wolfe following his arrest last week on insurance-fraud charges, is recommending the City Council approve Troy Singer to fill the vacant council seat. Singer is a graduate of Tavares High School, Lake-Sumter Community College and the University of Central…
July 20– PICKENS COUNTY– A fire engine used by Central Volunteer Fire Department was taken out of commission after it was struck from behind on Sunday by a pick-up truck while crews were stopped to help with another incident. Elijah Reynolds, administration officer for the Central Volunteer Fire Department, said the accident happened on S.C. 123 near the…
I mean, that’s something he’s never done, ” Chris Musselwhite said. Flames were eating away at the kitchen ceiling on the other end of the brick ranch house on Taylor Drive in south Bibb County. The former Bibb County sheriff’s deputy returned to the bedroom and used his fist to break the window.
Just this month, co-ops in Connecticut, Illinois and Oregon announced they were going out of business because of financial insolvency. Maryland’s co-op, Evergreen Health, filed a first-of-its-kind lawsuit in June against the federal government claiming that private insurers have gamed the system to avoid making “risk adjustment payments.”
The captive and re/insurance industry in the Cayman Islands is delighted with the announcement that Ruwan Jayasekera has been appointed as Head of Insurance Supervision. Kieran O’ Mahony, Chairman of the Insurance Managers Association of Cayman commented:“ We are extremely pleased with this announcement. The Cayman Islands is the 2 nd largest jurisdiction…
A.M. Best will present its annual webinar, titled,“ The State of the Captive Insurance Market,” on Friday, August 5, at 2:00 p.m.. A.M. Best covers and rates captive insurance organizations throughout the world. A.M. Best is the world’ s oldest and most authoritative insurance rating and information source.
Korian, European leader in Ageing Well, has announced today its revenue for the first half of 2016.. This figure reflects the consolidation of Casa Reha on 1 January 2016. Excluding the 10,182 beds contributed by Casa Reha, the number of beds that Korian opened or acquired in the first half rose by 1 044..
July 20– Expanding Medicaid coverage to nearly all low-income adults of working age would help Florida reduce the numbers of uninsured people in the state while lowering the risk of Zika infection among pregnant women, according to two reports released Tuesday. The nonprofit Urban Institute, in a study funded by the Robert Wood Johnson Foundation, argues that…
–Impact Forecasting, Aon Benfield’s catastrophe model development team, today launches its Global Catastrophe Recap: First Half of 2016 report, which evaluates the impact of the natural disaster events that occurred worldwide in the first six months of the year. Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc.
ResearchMoz added Latest Research Report titled “Yemen Insurance Industry Forecast to 2019: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report” to it’s Large Report database.Albany, NY—- 07/20/2016–‘ The Insurance Industry in Yemen, Key Trends and Opportunities to 2019’ report provides detailed analysis of the market trends, drivers and…
