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9 07, 2015

5 Tornadoes Confirmed in Middle Tennessee

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The National Weather Service says it has confirmed five tornadoes touched down in Middle Tennessee during storms July 2. The Tennessean reports two tornadoes touched down in Wilson County, two in Old Hickory and one in Mt. Juliet around 5:30 …

The article 5 Tornadoes Confirmed in Middle Tennessee appeared first on Insurance Journal.

9 07, 2015

Hub Acquires Assets of Florida-Based Cooper Simms Insurance

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Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Cooper, Simms, Nelson & Mosley (Cooper Simms), based in Winter Park, Fla. Terms of the acquisition were not disclosed. Cooper Simms is a full service firm with …

The article Hub Acquires Assets of Florida-Based Cooper Simms Insurance appeared first on Insurance Journal.

9 07, 2015

Mississippi Settles Some Tobacco Claims for $15M

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Mississippi’s attorney general says the nation’s largest tobacco company will pay the state $15 million to settle claims that it was underreporting the number of cigarettes it was shipping to the state. Attorney General Jim Hood announced the settlement with …

The article Mississippi Settles Some Tobacco Claims for $15M appeared first on Insurance Journal.

8 07, 2015

Maryland to Appeal FEMA Denial of Millions in Riot Disaster Aid

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The state of Maryland says it will appeal the federal government’s denial of disaster aid to help the state and Baltimore city recover millions of dollars in riot-related costs. A spokesman for Republican Gov. Larry Hogan said Monday the administration …

The article Maryland to Appeal FEMA Denial of Millions in Riot Disaster Aid appeared first on Insurance Journal.

8 07, 2015

N.J. Brothers Admit Recruiting Auto Accident Victims for Chiropractic Facilities

By | July 8th, 2015|Recent Articles|Comments Off on N.J. Brothers Admit Recruiting Auto Accident Victims for Chiropractic Facilities

Two brothers in New Jersey have admitted organizing a scheme to recruit motor vehicle accident victims as patients for chiropractic facilities they controlled. State authorities say 52-year-old Anhuar Bandy and his 53-year-old brother, Karim Bandy, both of Colts Neck, New …

The article N.J. Brothers Admit Recruiting Auto Accident Victims for Chiropractic Facilities appeared first on Insurance Journal.

8 07, 2015

Utah Agent Sentenced to Prison and $1.3M in Restitution

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Utah insurance agent Brent Hilton was sentenced to serve one to 15 years in prison and has been taken into custody from the Third District Court in West Jordan. Hilton pled guilty to one count of pattern of unlawful activity …

The article Utah Agent Sentenced to Prison and $1.3M in Restitution appeared first on Insurance Journal.

8 07, 2015

UK Chancellor of Exchequer Angers Insurers by Raising Premium Tax

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UK Chancellor of the Exchequer George Osborne angered Britain’s insurance industry by unexpectedly increasing a tax on policy holders that is expected to raise an extra 1.8 billion pounds ($2.8 billion). The insurance premium tax will be increased to 9.5 percent …

The article UK Chancellor of Exchequer Angers Insurers by Raising Premium Tax appeared first on Insurance Journal.

8 07, 2015

New York Stock Exchange Reopens After Nearly 4-Hour Computer Glitch

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The New York Stock Exchange began reopening its two equity venues that were shut down for hours today by a computer malfunction. Shares started trading on the New York Stock Exchange, the biggest of the company’s platforms, and NYSE MKT, …

The article New York Stock Exchange Reopens After Nearly 4-Hour Computer Glitch appeared first on Insurance Journal.

8 07, 2015

Berkshire Hathaway’s MedPro Buying Oklahoma Medical Liability Insurer PLICO

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Berkshire Hathaway’s MedPro Group has agreed to acquire Oklahoma healthcare liability insurer PLICO Inc., which is owned by the Oklahoma State Medical Association (OSMA). The boards of each entity have approved OSMA’s sale to MedPro of 100 percent ownership of …

The article Berkshire Hathaway’s MedPro Buying Oklahoma Medical Liability Insurer PLICO appeared first on Insurance Journal.

8 07, 2015

North Carolina Man Charged with 8 Counts of Insurance Fraud

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A Raleigh, N.C., man has been charged with eight counts of insurance fraud, eight counts obtaining property by false pretense, four counts of attempting to obtain property by false pretense and four counts of providing a false statement on an …

The article North Carolina Man Charged with 8 Counts of Insurance Fraud appeared first on Insurance Journal.