IFAwebnews » DISB

Former Utah insurance agency owner ordered to pay up to $1 million

IFAwebnews Staff — Mon, 03 Oct 2011 21:31:23 +0000

A Utah man, the former president of an insurance agency, was ordered to pay up to $1 million in fines and penalties for insurance fraud.

Former Utah insurance agency owner ordered to pay up to $1 million via IFAwebnews.

D.C. insurance office’s $13,000 in credit card purchases questioned

Bob Graham — Wed, 16 Feb 2011 12:47:13 +0000

The D.C. Office of the Inspector General is investigating the D.C. Department of Insurance, Banking and Securities’ use of department credits cards to purchase $13,000 in electronics and promotional merchandise.

D.C. insurance office’s $13,000 in credit card purchases questioned via IFAwebnews.

D.C. mayor names ‘seasoned insurance’ veteran to commissioner’s post

Bob Graham — Tue, 08 Feb 2011 11:28:04 +0000

New Washington, D.C., Mayor Vincent C. Gray named Bill White as his insurance commissioner, replacing Gennet Purcell.

D.C. mayor names ‘seasoned insurance’ veteran to commissioner’s post via IFAwebnews.

Founder of N.J. insurance agency pleads guilty in District fraud case

Bob Graham — Tue, 27 Jul 2010 14:55:03 +0000

The founder of a Red Bank, N.J., a managing general agency has pleaded guilty to one count of insurance fraud in connection with fraudulent statements in an application to operate as a captive insurance company in Washington, D.C., according to federal prosecutors.

Founder of N.J. insurance agency pleads guilty in District fraud case via IFAwebnews.

D.C. forms implementation committee for federal health reform

Keith L. Martin — Tue, 18 May 2010 12:03:46 +0000

Following the lead of several states across the nation, Washington, D.C., has assembled a group of subject experts, including insurance, to help interpret the impact of the Patient Protection and Affordable Care Act.

D.C. forms implementation committee for federal health reform via IFAwebnews.

Complaint, error scuttle D.C.’s approval of CareFirst rate increase

Keith L. Martin — Thu, 11 Mar 2010 12:44:28 +0000

Reacting to a consumer complaint about unusually high health insurance premiums, the District of Columbia Department of Insurance, Securities and Banking (DISB) rescinded its approval of a rate increase proposed by CareFirst after discovering a filing error by the regional insurer.

Complaint, error scuttle D.C.’s approval of CareFirst rate increase via IFAwebnews.

D.C. fraud bureau among first users of new nationwide referral system

Keith L. Martin — Thu, 11 Feb 2010 13:15:28 +0000

As insurance companies and state fraud bureaus look to stay proactive in the fight against illegal activity, collaboration is key. With this in mind, the National Association of Insurance Commissioners and National Insurance Crime Bureau are merging their online reporting systems to collect data from private insurers and the public nationwide.

D.C. fraud bureau among first users of new nationwide referral system via IFAwebnews.

District pulls insurer’s license for non-payment of taxes

IFAwebnews Staff — Fri, 22 Jan 2010 14:00:44 +0000

A Towson, Md.-based insurance company had its license to sell insurance in Washington, D.C., revoked for failing to pay $7,500 in outstanding premium taxes.

District pulls insurer’s license for non-payment of taxes via IFAwebnews.

New focus spurs rise in District of Columbia insurance fraud referrals

Keith L. Martin — Wed, 13 Jan 2010 14:19:23 +0000

When Stephen Perry came to the District of Columbia Department of Insurance, Securities and Banking in 2000, its fraud division saw five referrals all year, and none reached a courtroom.

New focus spurs rise in District of Columbia insurance fraud referrals via IFAwebnews.

Former D.C. insurance commissioner joins local law firm

IFAwebnews Staff — Tue, 22 Dec 2009 14:00:19 +0000

Thomas E. Hampton, the former commissioner of the District of Columbia Department of Insurance, Banking and Securities (DISB), has taken a job about two miles away from his old office.

Former D.C. insurance commissioner joins local law firm via IFAwebnews.