Community forum is Aug. 26 during D.C. Financial Fraud Awareness Week

The D.C. Department of Insurance, Securities and Banking is teaming up with other District offices to highlight investment fraud during Financial Fraud Awareness Week, Aug. 23 to 29.

Thomas E. ...  Read →  Read Story

Poll: Consumers overwhelmingly satisfied with their auto, home insurer

More than half of consumers with auto and homeowners insurance are satisfied with the companies providing their coverage, as well as with the experience of shopping for coverage, according to ...  Read →  Read Story

Savoy Associates expands with New York City office

Savoy Associates, a regional health insurance general agency, is opening a New York City branch, targeting sales in the city, Downstate New York and Southern Connecticut.

The Florham Park, N.J.-based company, ...  Read →  Read Story

Study: Working families would suffer most with health benefits tax

Taxing employer-based health benefits would heavily penalize working families with insurance coverage, according to a study prepared by advocates of a single-payer system.

The authors suggest that the study’s result contrast ...  Read →  Read Story

Innovative IT efforts net Leesburg agency technology award

Leesburg, Va.-based AH&T Insurance recently earned a 2009 National Underwriter Agency Technology Achievement Award at the ACORD LOMA Forum.

Alex Green

Judges said AH&T’s commitment to the technology industry and comprehensive ...  Read →  Read Story

‘Faith-based investor’ boasts 35.5% return on investments this year

A South Carolina financial planner has added new meaning to what faith in the stock market can do for investors.

Jay Peroni

Jay Peroni, author of two books on faith-based investing, ...  Read →  Read Story

California man arrested in $1.4 million workers’ compensation fraud

A Diamond Bar, Calif., man surrendered to authorities after allegedly cheating the state’s workers’ compensation fund out of $1.4 million and underreporting $20 million in payroll.

Joseph Baiden

Joseph Baiden, 56, ...  Read →  Read Story

Westminster American Insurance Co.’s financial strength rating was upgraded in response to the insurer’s favorable risk-adjusted capitalization and improved operating performance, according to a ratings service.

A.M. Best Co. upgraded the ...  Read →  Read Story

Four allegedly netted $115,000 from insurers for staged car crashes

Four Rowland, N.C., residents face charges of federal conspiracy to commit wire and mail fraud amid allegations they staged automobile accidents to collect on fraudulent insurance claims.

Chassa Marie Blue, 30; ...  Read →  Read Story

According to an article on IFAwebnews.com, a U.S. congressman wants to close a reinsurance tax loophole that he says gives an unfair advantage to offshore companies. Trade groups have differing ...  Read →  Read Story