Friday, June 30, 2006

Twenty-five Suspects Indicted on Fraud by California Department of Insurance (Insurance Journal)


Twenty-five Suspects Indicted on Fraud by California Department of Insurance (Insurance Journal)
Twenty-five suspects in connection with a major insurance fraud investigation dubbed "Operation Cashout" have been indicted, according to the California Department of Insurance. Twenty suspects were a

CARkeys - Short Term Car Insurance (CARkeys)
It's all too tempting to be lax about insurance arrangements if you're borrowing a car for a couple of days, but the consequences can be disastrous, financially or otherwise.

Get More Mileage Out Of Your Auto Insurance (Sleepy Eye Herald Dispatch)
(ARA) - Over the past year, gas prices have done nothing but spiral upwards. Consumer frustration has risen accordingly, due to financial constraints as well as consumers' inability to purchase a new car or travel as much as they might have intended.

AutoOne Insurance Introduces CAR Network (The Auto Channel)
MELVILLE, N.Y., June 26 -- AutoOne Insurance, a division of OneBeacon Insurance Group, providing auto insurance to both voluntary and Assigned Risk drivers, today announced a brand new service for its customers aptly named AutoOne CAR Network.

Don't assume you have car rental insurance (Sun-Sentinel)
Q. Many of the employees of our company travel every week for business. One of the expenses incurred by the employees involve the use of a rental car. When an employee rents a car, they use their personal credit card and the company reimburses the employees for the car rental costs. Most of the employees elect to purchase the liability insurance coverage that the rental company offers. Since the

Generali deploys Metastorm BPM to improve insurance renewals (Computer Business Review)
Metastorm, a provider of business process management software, has announced the deployment of its BPM software by Slovenian-based Generali Insurance to automate its core business processes.

GEICO's Mechanical Breakdown Insurance (MBI) Offers Peace of Mind for Auto Owners (The Auto Channel)
CHEVY CHASE, Md., June 27 -- GEICO, nearing the sale of its one millionth mechanical breakdown insurance (MBI) policy, reminds auto owners of the benefits of this unique coverage.

Former N.J. Cop Gets 1-Year for 'Chop-Shop' Car Insurance Fraud (Insurance Journal)
A former Hillside, New Jersey police officer has been sentenced to one year in jail and barred from public employment for taking part in a chop shop insurance scheme. Dennis Melendez, who had been

Insurance Auto Auctions Expands into Montana with Acquisition of Gardner's Insurance Auction (The Auto Channel)
WESTCHESTER, Ill.--June 29, 2006--Insurance Auto Auctions, Inc., a leader in automotive total loss and specialty salvage services in the United States, today announced that the company has purchased the assets of Gardner's Insurance Auction in Missoula, Mont. The location is IAA's first in Montana and will service total-loss claims throughout the state of Montana and will support IAA's current

Five Great Reasons to Shop Around For Auto Insurance (Kewanee Star Courier)
(ARA) - Shopping around is the number one way of saving money on insurance. Are you sure you're getting the best deal possible with your current insurance company?

FSCO warns of unlicensed auto insurance sales in Ontario (Investment Executive)
The Financial Services Commission of Ontario issued a warning about possible unlicensed auto insurance sales.

State takes over HIG insurance (Pacific Business News)
The state insurance commissioner on Friday assumed control of Hawaiian Insurance & Guaranty Co. Ltd. because of the financial troubles of its Mainland parent company.

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