May 21– The scenario laid out in federal court Friday as insurance executive Kobie T. West pleaded guilty to fraud against the Philadelphia Housing Authority is similar to one laid out in a lawsuit filed against him by the city’s largest municipal union. In the PHA case, West, former president of West Insurance Group, a now-defunct Center City brokerage, admitted…
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With the help of a PHA accomplice, Kobie West created a fake invoice of $2,141,523 for worker’s compensation coverage, then included a commission of $181,202 for the money he stole. District Judge Joel Slomsky cited a confidential plea agreement that said West was “conspiring with another person to provide bribes and kickbacks to persons, including public…
RTI Group, a global, multidisciplinary forensic engineering consultancy serving law firms, insurers, corporations, and governments, announced the company’ s plans for completing its new corporate headquarters in Stevensville, Maryland. “Our clients rely upon complex technologies, science, and human processes to operate their businesses,” said Joseph…
May 21– RICHMOND, Va.– Q: I find that a lot of people still are not aware of the federal health insurance plan for people who have pre-existing medical conditions. How many Virginians are enrolled in the program? Federal figures show that as of March 31, a total of 1,343 Virginians had signed up.
The trucking group is joined in the suit by AAA Oregon/ Idaho, Oregon Columbia Chapter of the Associated General Contractors of America, Property Casualty Insurers Assn. of America, Redmond Heavy Hauling, Inc., Gordon Wood Insurance& Financial Services, Inc., Property Casualty Insurers Assn. of America, and the National Association of Mutual Insurance Companies.
Dan Aupperle has joined the management team at First National Bank, Platte-ville, Wis., as senior vice president and senior lending officer. Dodgeville, Wis., Pagosa Springs, Colo. and most recently in Pigeon Falls, Wis. He holds an animal science degree and a master’s in business administration from the University of Wisconsin- Madison. Dubuque Window and Door…
May 20– Hawaii workers’ compensation and auto insurance carriers say they are seeing a growing number of cases with excessive markups for repackaged drugs dispensed by physicians, sometimes at rates double or triple what the identical medications cost if obtained through pharmacies. GEICO, Hawaii’s largest auto insurer, highlighted one case in which a…
May 20– GREENSBORO– From the outside, the little white building at the corner of Church Street and Wendover Avenue looks like a coffee shop. Either way, it’s the only such business in Greensboro. And so far, owner and Nationwide sales agent Joe Fowler says it’s doing well.
May 20– When Rosetta Newby and her husband moved to their neighborhood near the Davison Freeway and East McNichols 44 years ago, it was racially mixed, and on every lot stood an occupied home. The closest grocery store is miles away on 7 Mile Road, and many businesses such as dry cleaners and drug stores are gone. Newby’s neighborhood, and others like it in Detroit, may…
May 20– In the Davison Freeway and East McNichols area on Detroit’s east side, Rosetta Newby knows the cost of living in a neighborhood marked by abandonment. Her homeowners insurance is escalating, and no other company will insure her at an affordable rate, she said. Living on Social Security, and at 75, Newby has few options.
May 20– Warren Buffett doesn’t buy Google. Atop his shopping list last week was a cluster of Southern newspapers in an industry that is– as Buffett himself said during this month’s shareholders meeting of Berkshire Hathaway Inc., his $200 billion company– declining. In fact, he agreed to put $142 million in newspapers, buying the Winston-Salem Journal and all but…
The New Hampshire House of Representatives issued the following calendar:. The House will meet in Session on Wednesday, May 30, 2012 at 10:00 a.m. I would ask members to be alert and attentive to the Senate Messages coming before us. The Committee on Redress of Grievances has begun to issue its reports and findings with regard to petitions submitted to the…
San Jose bail bonds by Tedd Wallace understands that one of the scariest phone calls a person can ever get is from a loved one who has been put in jail. Some unscrupulous San Jose bail bond agencies exploit the vulnerability and panic people are feeling and convince them to post risky San Jose bail bonds that they can’ t afford. “Be careful to choose your San Jose Bail…
Allstate Insurance Company announced it has filed a $29.9 million insurance fraud lawsuit against 52 New York area defendants. In the suit, Allstate alleges that the No-Fault Organization has engaged in a massive and sophisticated scheme to defraud Allstate of millions of dollars by establishing and operating medical clinics that were operated and…
Louisiana Farm Bureau also is currently in the process of merging with three other mutual entities: Farm Bureau Mutual Insurance Company of Arkansas, Inc., Colorado Farm Bureau Mutual Insurance Company and South Carolina Farm Bureau Mutual Insurance Company. A.M. Best plans to resolve the under review status upon the completion of the transaction.
A.M. Best Co. has affirmed the financial strength rating of B++ and issuer credit rating of “bbb+” of Colorado Farm Bureau Mutual Insurance Company. Colorado Farm Bureau is currently in the process of merging with three other farm bureau mutual entities: Farm Bureau Mutual Insurance Company of Arkansas, Inc., Louisiana Farm Bureau Mutual Insurance Company and…
A.M. Best Co. has downgraded the financial strength rating to B- from B and issuer credit rating to “bb-” from “bb” of Workmen’s Auto Insurance Company. The rating actions reflect WAIC’s poor underwriting performance in recent years, which primarily has been the result of the increased frequency and severity of Florida personal injury protection and California…
Don Glisson, Jr., Chairman and CEO of Triad Financial Services, Jacksonville, Florida, has been appointed to serve as a member of the Citizens Property Insurance Corp. Board of Governors by Florida Chief Financial Officer Jeff Atwater. “Don Glisson, Jr. has extraordinary business skills and leadership that will benefit the Board of Governors,” said CFO Atwater. “
Work for private employers on U.S. military bases outside the United States is covered, as is U.S.- funded overseas work on foreign government contracts under the Foreign Assistance Act, which provides for the sale of military equipment, materials and services to U.S. allies. The DBA also covers employees during transport to or from covered overseas employment,…
