January 27, 2003
Insurance Services Office (ISO), has launched a new “Pay as You Go” pricing model for its Claims Outcome AdvisorTM (COATM) personal injury claims solution. The new pricing option enables insurance companies, for the first time, to use the new COA …
January 27, 2003
Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch announced these recent developments in insurance fraud cases: CDI investigators in conjunction with the Citrus Heights Police Department served a search warrant on the residence of Joshua Allen Lund, …
January 27, 2003
DriverShield Corp., headquartered in Coral Springs, Fla., changed its name to Accessity Corp. and its ticker symbol to ACTY, as part of its plan to diversify the business into non-automotive areas. The new corporate name was approved by shareholders at …
January 27, 2003
Washington’s job sites were safer in 2001, continuing a trend that began nearly a decade ago, according to survey results released by the Department of Labor and Industries. The survey showed that 7.6 out of every 100 full-time workers in …
January 24, 2003
Crawford & Company announced that its Dedicated Recovery Unit has recovered more than $16 million in subrogation for its clients in the past 12 months. Officials at the company say they are committed to saving their clients even more through …
January 24, 2003
The Kemper Insurance Companies announced it has reached a definitive agreement to sell the renewal rights to its bundled large risk national accounts to Argonaut Insurance Company, a member of Argonaut Group, Inc., a national underwriter of specialty insurance products …
January 24, 2003
DriverShield Corp. announced that its name has officially been changed to Accessity Corp. Also, the Company’s stock will begin trading under its new ticker symbol, ACTY. The new corporate name, approved by shareholders at the Company’s 2002 Annual Meeting in …
January 24, 2003
A Slidell, La. insurance agent was charged on numerous counts of theft and misappropriation, the latest in a series of insurance fraud arrests around the state, according to acting Louisiana Insurance Commissioner Robert Wooley. Nathaniel Durant, was arrested at his …
January 24, 2003
Travelers Property Casualty Corp. reported a net loss for the fourth quarter of $793.4 million or $0.79 per share, basic and diluted, compared to net income of $303.3 million or $0.39 per share in the prior year quarter. The net …
January 24, 2003
A recent bulletin from the American Insurance Association indicates that the New York State Senate’s consideration of a proposed auto insurance reform package “presents a real opportunity to fix a broken system.” “The Senate’s plan goes after the fraud and …