Insurance

CANTON, Miss. (AP) — Madison County has recovered an estimated $900,000 after an investigation found that the county was defrauded out of millions of tax dollars, authorities said Monday. Sheriff Randy Tucker updated the Board of Supervisors on Monday about …

GEICO Insurance companies have continued their campaign against alleged auto insurance fraud actors, including some well-known physicians and medical clinics. And a federal judge ruled this week that two of those practitioners cannot escape a $2.8 million lawsuit in North …

The Nitsche Group has announced the relocation of its Round Rock office. The office, previously at 893 North IH 35, Suite 120, Round Rock, is now located at 551 S. I-35 Frontage RD., Suite 320, Round Rock, TX, 78664, just …

Kansas Insurance Commissioner Vicki Schmidt announced that a Kansas man has been sentenced to six months of probation for insurance fraud. Robert Heidbreder, age 30, pleaded guilty in the District Court of Sedgwick County to one misdemeanor count of insurance …

Louisiana could soon bar banks that “discriminate” against firearm entities from working on government contracts, after lawmakers advanced legislation that’s similar to a Texas statute that has whipsawed Wall Street firms’ public-finance work. State lawmakers passed Senate Bill 234 last …

AM Best has downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb” (Fair) from “bbb-” (Good) of Farm Bureau Mutual Insurance Company of Arkansas, Inc. Concurrently, AM Best has maintained …

Hilb Group announced and closed the sale of the assets of the wholly-owned subsidiary German American Insurance (GAI) to Hilb Group in an all-cash transaction of $40 million. The sale creates a significant after-tax gain, net of transaction costs, of …

Dozens more former youth inmates filed lawsuits seeking millions of dollars in damages for sexual abuse they allegedly endured at Illinois detention centers dating back to the late 1990s. Thirteen women and 95 men filed two separate lawsuits Friday in …

Sompo announced the launch of a new technology insurance product for middle market clients in the United Kingdom. The package includes coverages comprising property, casualty, professional indemnity (PI) and cyber. Excess PI and cyber can be provided separately. All covers …

TOPSHAM, Maine (AP) — A lobster-themed monster truck performing for spectators in Maine clipped an aerial power line, toppling several utility poles and sending two people to hospitals, police said. Others suffered minor injuries. The Topsham Fairgrounds was hosting the …