By Richard Korman from ENR. COM In a coast-to-coast internet-and-telephone crime spree, alleged forgers who had websites that made them appear to be individual sureties have spread fake Chubb completion bonds across the U.S. Twenty-two contractors in nine states have lost a total of more than $3 million paid to two men with addresses in Georgia, […]
News / Links
We understand that knowledge is key to making informed decisions about your needs. We have provided this page as a resource tool to support our clients by providing valuable news articles on current insurance related topics as well as links to industry related sites. We trust that you will find this as informative and beneficial as we have.
Assurance Brokers is recognized as an expert in the insurance industry. Many times we are asked for opinions, and our professionals are published in industry-leading publications. On some occasions we also author and distribute white papers or informative letters to clients and referral sources. A select group of these items is presented below, along with additional articles of interest.
From CNBC: Aetna CEO: Why insurance will be costing more
Published: Tuesday, 29 Oct 2013 | 4:13 PM ET By: Ismaela Best, News Associate Aetna CEO on why health plans are expensive Tuesday, 29 Oct 2013 | 4:00 PM ET Aetna CEO Mark Bertolini lists three reasons why new health care plans created to meet Obamacare minimum standards are more expensive than some older plans. […]
Dangers of Overloading Dump Trucks
Written by Mark Woodward Loss Prevention, Missouri Employers Mutual, General Safety, Global Drivers of all vehicles have a responsibility to drive defensively, protecting not only themselves, but also other drivers and pedestrians around them. Dump truck drivers have additional responsibilities because their trucks are higher, longer and heavier than most vehicles on the road. Overloading Overloading […]
Illinois College Halts Project Because of Contractor’s Fraud Indictment
A suburban Chicago college has halted plans to seal coat its parking lots because the contractor selected for the project is under indictment. College officials initially decided to accept the company’s low bid, despite pending criminal charges, after an attorney advised them to require a performance bond and monitor the project closely, according to the […]
Court Upholds $14.5 Million Defamation Verdict Against State Farm
Source: A.M. Best An Indiana appeals court is upholding a $14.5 million verdict against State Farm Fire and Casualty Co. for defaming a contractor following a massive 2006 hailstorm that brought in nearly 50,000 claims for State Farm. State Farm wanted the appeals court to overturn the verdict arguing communications the company’s fraud investigators had with authorities […]
Ohio County is Using $3.5M Surety Payout to Complete Sewer Project
Contractor progressing on K-A Sewer repairs, construction by Amber Gillenwater agillenwater@civitasmedia.com 04.03.13 – 07:00 am KANAUGA/ADDISON — As work continues on the Kanauga-Addison Sewer Project, the Gallia County Board of Commissioners have announced that it is anticipated that sewer construction repairs to the project will be completed near the end of this summer after which cleanup […]
Happy Thanksgiving!
Happy Thanksgiving from Assurance Brokers Ltd With Thanksgiving approaching, our thoughts turn gratefully to all of our clients and their families, as well as our friends, for helping make this a wonderful 2012. We are so thankful for your business, referrals, help, and kind words. We extend our sincere thanks and appreciation. We hope that […]
What to do after a car accident? Missouri Department of Insurance offers app for smartphone users
What to do after a car accident? Missouri Department of Insurance offers app for smartphone users Free tool helps consumers protect themselves, their property and their identities Jefferson City, Mo. – The Missouri Department of Insurance is offering a new smartphone app that walks drivers through the crucial steps to take if they’re in a car […]
One Dead & Three Injured in Construction Accident
A horrible crash on I-64 in Fairview Heights involving construction workers has killed one person and left three others hurt. It happened Tuesday morning around 9:30 at I-64 eastbound near the Fairview Heights exit. Investigators say a motorist was driving erratically when he crashed into a pickup truck then slammed into an attenuator on the […]
Understanding the Difference Between Work Comp Fraud and Abuse
Understanding the Difference Between Work Comp Fraud and Abuse Workers compensation fraud and abuse are each destructive and expensive. Determining the difference between work comp fraud and abuse can be difficult, but it is important. In Missouri, work comp fraud and abuse each carry different legal consequences. Read more to find out exactly what the difference […]
