News Archives - Insurance Journal

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30 11, 2022

Massachusetts Man Pleads Guilty in Physical Therapy Insurance Scam

By | November 30th, 2022|Uncategorized|Comments Off on Massachusetts Man Pleads Guilty in Physical Therapy Insurance Scam

A Boston man pleaded guilty in federal court in connection with a scheme to defraud an insurance company for physical therapy services that were not provided to patients, according to prosecutors. Officials said Slava Pride pleaded guilty to one count …

7 11, 2022

Cheerleading Company Denies Abuse Involvement, Hires Big Gun Attorney

By | November 7th, 2022|Uncategorized|Comments Off on Cheerleading Company Denies Abuse Involvement, Hires Big Gun Attorney

The American cheerleading company behind the sport’s top uniforms, camps and competitions is vehemently denying accusations that the enterprise helped facilitate alleged sexual abuse at gyms across the Southeast outlined in a series of federal lawsuits, and has hired a …

30 11, 2022

ALKEME Acquires Dealer Insurance Services in California

By | November 30th, 2022|Uncategorized|Comments Off on ALKEME Acquires Dealer Insurance Services in California

ALKEME acquired Dealer Insurance Services in Laguna Hills, California. Dealer Insurance Services will continue to operate under its current brand. Dealer Insurance Services specializes in benefits, with a focus on the auto dealer industry. ALKEME is based in Ladera Ranch, …

7 11, 2022

Two Families Settle with PacifiCorp in Oregon Over Fire

By | November 7th, 2022|Uncategorized|Comments Off on Two Families Settle with PacifiCorp in Oregon Over Fire

Electric company PacifiCorp has entered a settlement with two families who were victims of the catastrophic Labor Day fires in southern Oregon in 2020, according to attorneys representing the families, the Oregonian reports. The confidential settlement avoids a jury trial …

30 11, 2022

Report on Deaths of Workers at Veterans Hospital Finds Protocols Not Followed

By | November 30th, 2022|Uncategorized|Comments Off on Report on Deaths of Workers at Veterans Hospital Finds Protocols Not Followed

A federal investigation released Monday of a hot steam accident that killed two workers conducting maintenance on a boiler system at a Veterans Affairs hospital in Connecticut substantiates a whistleblower’s allegations that employees did not follow proper protocols to control …

7 11, 2022

Investigators Say Car Was Buried in California in Insurance Fraud Scheme

By | November 7th, 2022|Uncategorized|Comments Off on Investigators Say Car Was Buried in California in Insurance Fraud Scheme

A car was buried in the backyard of a Northern California mansion 30 years ago as part of a scheme to commit insurance fraud, authorities said Thursday. The convertible Mercedes was discovered last month by landscapers in the affluent town …

30 11, 2022

Maryland’s Smith Island Commits to Rebuilding Community, Rejecting Buyouts

By | November 30th, 2022|Uncategorized|Comments Off on Maryland’s Smith Island Commits to Rebuilding Community, Rejecting Buyouts

SMITH ISLAND, Md. (AP) — For the people of Smith Island, weather guides a way of life as much as the tranquil atmosphere for which it has become known. Hurricanes with names like Hazel, Agnes, Isabel and Irene become part …

7 11, 2022

Berkshire: Negative Q3 Insurance Results Due to Catastrophe, Auto Losses

By | November 7th, 2022|Uncategorized|Comments Off on Berkshire: Negative Q3 Insurance Results Due to Catastrophe, Auto Losses

Berkshire Hathaway’s insurance business recorded an after-tax underwriting loss of $962 million (a pre-tax loss of $1.15 billion) in the third quarter, a decrease of $178 million from 2021, as catastrophe losses and increases in private-passenger auto frequency offset underlying …

30 11, 2022

Florida Amusement Park Fined $250,000 After Teen’s Fatal Fall

By | November 30th, 2022|Uncategorized|Comments Off on Florida Amusement Park Fined $250,000 After Teen’s Fatal Fall

The operator of an Orlando amusement park ride from which a Missouri teenager fell to his death should pay a $250,000 fine and can never hold a ride permit in Florida again, state officials said Tuesday. Fourteen-year-old Tyre Sampson fell …

7 11, 2022

U.S. Supreme Court Considers Making Challenges to FTC, SEC Easier

By | November 7th, 2022|Uncategorized|Comments Off on U.S. Supreme Court Considers Making Challenges to FTC, SEC Easier

The U.S. Supreme Court is set on Monday to hear arguments in two cases that could make it easier to challenge the regulatory power of federal agencies in disputes involving the Federal Trade Commission and the Securities and Exchange Commission. …