January 23, 2003
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 …
January 23, 2003
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 …
January 23, 2003
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 …
January 23, 2003
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 …
January 23, 2003
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 …
January 23, 2003
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 …
January 22, 2003
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 …
January 22, 2003
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 …
January 22, 2003
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 …
January 22, 2003
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 …