Monthly Archives: <span>January 2003</span>

AAI Says McDonald’s Class-Action Decision a ‘Victory for Common Sense’

The Alliance of American Insurers (AAI) is applauding U.S. District Judge Robert Sweet’s dismissal of a class-action lawsuit that claimed McDonald’s food caused the plaintiffs’ health problems including obesity, diabetes and high blood pressure. “This lawsuit, while ending favorably for …

NAII Says Mont. Bill Would Undermine Judges’ Authority in Issuing Protective Orders

A Montana House bill that would restrain judges from issuing protective orders on private information evokes privacy concerns, compromises parties’ abilities to reach freely negotiated settlements, and increases the burden on taxpayers and litigants, according to the National Association of …

ASC X12, HR-XML Partner to Develop Common Data Standards in XML Formats

The Accredited Standards Committee (ASC) X12 and the Human Resources XML (HR-XML) Consortium have signed a Memorandum of Understanding to collaborate on data standards development for the insurance/health care industries and human resources. HR-XML brings XML vocabulary expertise from all …

A.M. Best Upgrades Ratings for Bituminous Companies, Pair of Old Republic General Group Affiliates

A.M. Best Co. has upgraded the financial strength ratings of Bituminous Insurance Companies to A+ (Superior) from A (Excellent), Old Republic Union Insurance Company to A (Excellent) from B++ (Very Good) (both of Illinois) and Old Republic Minnehoma Insurance Company …

TWCC Extends Preauthorization Exemption

The Texas Workers’ Compensation Commission (Commission) has issued Advisory 2003-02, that provides notice of an extension of the Commission’s exemption from Preauthorization and Concurrent Review for work hardening and/or work conditioning program(s) that are accredited by the Commission on Accreditation …

Columbia Group Implements Docucorp’s Publishing, Workflow Software Solutions

Docucorp® International, a provider of enterprise information solutions, announced that Columbia Insurance Group, a multi-line insurance company, has implemented Docucorp’s publishing and workflow solutions to enhance its policy production capabilities. “As we experienced rapid growth within our company and increased …

Ark. Business Community Promotes Tort Reform Bill

The Arkansas business community initiated a tort reform effort which has resulted in the introduction of a bill that would be a major step in restoring rationality to the state’s tort system, according to the National Association of Independent Insurers …

Progressive Unveils First Motorcycle, ATV, RV and Boat Claims Training Center

Ohio-based Progressive announced the opening of two new expanded auto insurance claims training facilities and the industry’s first center dedicated to training representatives to handle motorcycle, ATV, RV, boat and personal watercraft claims. The expanded auto claims training centers, located …

S&P’s Continues Gerling ‘CreditWatch;’ May Change Ratings

Standard & Poor’s issued a bulletin confirming that the primary insurance entities of Germany’s Gerling insurance group “remain on CreditWatch following further discussions with the group’s executive management.” The ‘A-‘ long-term counterparty credit and insurer financial strength ratings on both …

Fla.’s Gallagher Takes Issue with NCCI Data

Insurance Commissioner Tom Gallagher, Florida’s chief financial officer and former insurance commissioner, recently criticized a request by the National Council on Compensation Insurance (NCCI) for a 21.5 percent increase in workers’ compensation rates in Florida and took issue with NCCI’s …