The owner of a California-based automobile glass replacement company with more than 60 stores nationwide was convicted on several counts, including overcharging insurers for moldings and other parts never used.

Numerous defendants, including a chiropractor and an attorney, are accused of defrauding more than 19 insurers out of $549,000 through a staged auto accident ring in California dubbed “Operation Big Fish” by prosecutors.

House Speaker Nancy Pelosi said the new reconciliation package she wants the full House of Representatives to pass in a few days includes greater insurance reforms and warned that insurance companies will be “poisoning the well” with “misrepresentations” and “misinterpretations” designed to kill the bill.

Virginia Attorney General Ken Cuccinelli is urging Democrats in Washington, D.C., to reconsider the use of the “deem and pass” rule to approve health care reform and is threatening a state suit against any such comprehensive bill.

A day after House Speaker Nancy Pelosi said she is considering a maneuver to bypass an actual vote to approve comprehensive health care reform, Republicans came out firing.

A San Diego, Calif.-based broker-dealer will pay $1.95 million to settle allegations by the U.S. Securities and Exchange Commission that it failed to reasonably supervise a former employee charged with fraud.

The Pennsylvania Association of Health Underwriters sent to its members March 15 a draft memo that it hopes its health insurance brokers will send to their clients who are business owners, seeking help in opposing federal health care reform.

With the U.S. House Budget Committee forwarding a reconciliation health care reform bill to the entire congressional chamber, one Obama Administration official says a final up-or-down vote is “only days away.”

A brother and sister from California face felony auto insurance charges after their claims about an auto accident were refuted by a YouTube video showing how their vehicle was actually damaged, officials said.

SecureVest Financial, a full-service broker-dealer with offices in three states, including two locations in New Jersey, has partnered with a fellow state software provider to launch a platform for private investment funds and family offices.