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10 11, 2020

New York Sues Sotheby’s for Helping Client Escape Sales Taxes on Artwork

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Sotheby’s was sued on Friday by New York’s attorney general, who accused the auction house of defrauding the state by helping an important client avoid millions of dollars of sales taxes on art he purchased. Attorney General Letitia James said …

10 11, 2020

One Dead, Two Firefighters Injured in New Jersey Blaze

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Authorities say one person was killed and several dozen people displaced following a fire in New Jersey in which two firefighters were also injured. NorthJersey.com reports that fire crews called to a Paterson street at about 10 a.m. Sunday found …

10 11, 2020

Hamilton Promotes 3 at Lloyd’s Operations as Agency CEO Glover, CUO White Resign

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Hamilton Insurance Group announced three promotions in the leadership team at its Lloyd’s operations following the resignations of Hamilton Managing Agency Limited CEO Tim Glover and Chief Underwriting Officer David White. The company gave no reason for the resignations of …

10 11, 2020

Alaska Governor Makes New Emergency Virus Declaration

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Alaska’s governor has announced a new COVID-19 disaster declaration for the state that will take effect Nov. 16 and last 30 days. Republican Gov. Mike Dunleavy announced the updated declaration on Friday, ahead of the scheduled expiration of the emergency …

10 11, 2020

Three Quakes Confirmed in Alaska’s Largest City, No Damage Reports

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Three earthquakes early Saturday morning struck Alaska’s largest city, The Alaska Earthquake Center confirmed. There were no immediate reports of damage. The strongest of the three, at magnitude 5.0, was recorded just before 3:30 a.m. The center says that was …

10 11, 2020

CWCI: California Workers’ Comp Virus Claim Count Tops 50,000

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There have been 50,592 COVID-19 claims reported to the state Division of Workers’ Compensation (DWC) so far this year – including 282 death claims, according to latest tally by the California Workers’ Compensation Institute. That translates to one out of …

10 11, 2020

Task Force Nabs California Man for Insurance Fraud, Reporting False Vehicle Theft

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Juan Camilo Vargas, 62, of Escondido, Calif., was arrested on multiple felony counts of insurance fraud and reporting a false vehicle theft after allegedly misrepresenting when and where his vehicle was stolen from in order to receive an undeserved insurance …

10 11, 2020

EU Still Seeking Clarity Over Britain’s Financial Services, Insurance Rules

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The European Commission is still waiting for Britain to say if it will diverge from European Union rules before Brussels can decide on UK financial market access, a spokesman for the EU executive body said on Tuesday. Daniel Ferrie, the …

10 11, 2020

Iowa Insurance Agent Charged with Insurance Fraud

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An Iowa insurance agent has been charged with one count each of Insurance Fraud (Class D Felony), Fraudulent Sales Practices – Over $10,000 (Class C Felony), Theft – 2nd degree (Class D Felony), Fraudulent Practices – 2nd Degree (Class D …

10 11, 2020

Mason Named Chief Strategy Officer at Instec in Illinois

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Naperville, Ill.-based insurance software provider, Instec, has promoted Kevin Mason chief strategy officer, a newly created position. He will be responsible for shaping and executing business and product strategies, ensuring the company continues to deliver increasingly greater value to its …