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Arkansas Woman Charged with Filing Nearly $250K in False Insurance Claims
A Pulaski County, Ark., employee who processed insurance claims has been fired after being arrested and charged with filing false insurance claims for nearly $250,000. Authorities say 60-year-old Wanda Wyatt was a fleet records clerk who processed insurance claims for …
San Francisco Sued Over New Short-Term Rentals Rules
Airbnb has sued the city of San Francisco over a new law requiring short-term rental companies to remove unregistered hosts from their websites. The San Francisco Chronicle reports the company’s suit filed in the U.S. District Court of Northern California …
Hanover Stone Partners, USA Risk Group to Offer Captive Management Services
Hanover Stone Partners, a risk management services firm, and USA Risk Group, an independent captive management firm, have collaborated to offer captive management, governance and related services to businesses and other commercial entities. The two firms will provide a full …
More California Drivers Spotted Using Cellphones, Traffic Report Shows
The number of California drivers using cellphones is rising, as are deaths and injuries blamed on distracted driving. The California Office of Traffic Safety reported this week that nearly 13 percent of drivers were seen using mobile devices in an …
‘Systemically Important’ Label Can Be Avoided: Fitch
Fitch Ratings said that newly established transparency about the designation process for globally systemically important insurers (G-SIIs) could help more to proactively stay off the list in the first place. The International Association of Insurance Supervisors, a global standard setting …
Missouri Woman Ordered to Pay $243K in Arson-for-Insurance Scheme
An Independence, Mo., woman was sentenced to 31/2 years in prison without parole for an arson and insurance fraud scheme. Tina Shonk was also ordered to pay $242,717 in restitution to her victims and $62,364 to the government. Shonk pleaded …
Neon Names Dolonen as Marine & Offshore Construction U/W
Specialist Lloyd’s insurer Neon, formerly known as Marketform, has appointed Mireille Dolonen as Marine & Offshore Construction underwriter. With over 20 years of experience in the Marine & Offshore Construction space, Dolonen “will bring a wealth of expertise to Neon and …
Louisiana Bill Lowers Citizens Insurance Assessment Tax Break
Legislation awaiting the signature of Louisiana’s governor would significantly lower the amount of rebate property insurance policyholders would receive for assessments to cover the debts of the state’s property insurer of last resort. House Bill 25 was passed by Louisiana …
Michigan AG Sues 2 Engineering Companies over Flint Water Problems
Michigan’s attorney general filed a civil lawsuit on June 22 against two water engineering companies, saying they caused and exacerbated Flint’s lead-tainted water crisis and demanding hundreds of millions of dollars in damages. Attorney General Bill Schuette sued Veolia North …
OSHA: Crane Accident Kills North Dakota Oil Worker
A worker was killed in a crane accident at an oil well site in western North Dakota, the Occupational Safety and Health Administration said. The incident, which happened late on June 20 near Ross in Mountrail County, was the second …