AIG Names Executives
American International Group Inc. on Tuesday said Tom Bolt has been named executive vice president and chief risk officer.
Bolt replaces Sabra Purtill, who was recently named executive vice president and…
Pharmacy Executives Charged in Kickback Scheme
Federal prosecutors in Florida announced that two pharmacy executives were charged with conspiracy to solicit kickbacks and with receiving kickbacks as part of an in-office drug dispensing program.
The U.S. Attorney’s…
Insurance Department Names Shelia Travis Chief Examiner
The Alabama Insurance Department announced the appointment of Sheila Travis as chief examiner, effective immediately.
Sheila Travis
Travis will succeed Richard Ford, who recently retired.
Travis will lead the Department’s Examination Division…
AF Group to Acquire AmeriTrust Group
AF Group on Tuesday announced that it entered into an agreement through subsidiary Accident Fund Insurance Co. of America to purchase AmeriTrust Group.
AmeriTrust, headquartered in Southfield, Michigan, offers specialty insurance…
Foundry Cited for Dozens of Safety Violations
A metal foundry and casting company in Walla Walla faces a $93,600 fine for more than 40 safety and health violations, the Washington State Department of Labor and Industries announced.
L&I…
Comp Carrier Can Assert Lien Against UIM Benefits Paid Under Worker’s Personal Auto Policy
The North Carolina Court of Appeals ruled that the proceeds of a deceased worker’s personal underinsured motorist policy were subject to a subrogation lien by his employer’s workers’ compensation carrier.
Case:…