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District of Minnesota | Brooklyn Center Man Sentenced to 30 Months in Prison for Insurance Fraud After Staging a Politically Motivated Arson Attack

MINNEAPOLIS – A Brooklyn Center man was sentenced to 30 months in prison, followed by one year of supervised release and ordered to pay $3,850 in restitution and an $18,381 fine for filing fraudulent insurance claims for a staged arson, announced U.S. Attorney...

Subrogation 101 (and Why Should I Care?) | Pillsbury – Policyholder Pulse blog

What is subrogation? Why am I being asked to waive it? Should I care? To answer that last question, let’s take a quick run at the first two. What Is Subrogation?“Subrogation” refers to the act of one person or party standing in the place...

Meet the new professionals on the Seacoast

Trio of talent joins Avery Insurance PORTSMOUTH — Avery Insurance Agency, a fourth-generation, family-owned, independent insurance agency located in New Hampshire, recently hired three skilled insurance professionals: Heather Shields-Fox, Steven McAvoy, and Stephanie Valpey.  With 20-plus years of experience in all areas of insurance, Shields-Fox joins Avery...

Washington Commissioner Issues $398K in Fines

Washington Insurance Commissioner Mike Kreidler issued fines in April and May totaling $398,500 against insurance companies for violations of state insurance laws and regulations. Following is a list of reported violations the commissioner’s office issued: Insurance companies LifeWise...

Why insurance companies are pulling out of California and Florida, and how to fix some of the underlying problems

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) (THE CONVERSATION) When the nation’s No. 1 and No. 4 property and casualty insurance companies –...

US insurance companies fail proxy season’s climate test: Insure Our Future

U.S insurance companies Chubb, The Hartford, and Travelers and their largest shareholders failed this proxy season’s climate test, according to pressure group Insure Our Future. Concerned investors filed resolutions to address the climate and human rights-related risks associated with insurers’ underwriting, but none received...