February 6, 2003
Claims Resolution Management Corporation (CRMC), a provider for asbestos claims resolution, reports users of e-Claims(TM) (patent pending), the first interactive, Web-based claims filing, processing and payment system for trusts, law firms and companies handling asbestos and other toxic torts, have …
February 6, 2003
Companion Technologies, which pioneered electronic claims filing for South Carolina hospitals in the 1970s, will retire its original PAID system and replace it with a new system called EnterprisEDI(TM) that will be HIPAA compliant. Fifty-five hospitals, nearly all the hospitals …
February 6, 2003
Doctors in northern Florida shut down their practices for the afternoon on Feb. 5 in protest of rising malpractice insurance rates. According to the Associated Press, the Florida doctors regard the situation as a “ticking time bomb.” Some 300 doctors …
February 6, 2003
To help prevent the directors’ and officers’ liability insurance marketplace from eroding, an insurance executive urged his industry to work together against a pattern of egregious class action securities lawsuits. Speaking before members of the Professional Liability Underwriting Society, John …
February 6, 2003
A trend encompassing the use of aftermarket automobile parts develops as three state courts reject class-action lawsuits against insurance companies for authorizing the use of non-original equipment manufacturer crash parts in repairs. Three recent, separate class-action lawsuits in Ohio, Washington …
February 6, 2003
Bermuda’s ACE Limited reported net income, including realized losses, for 2002 of $77 million, compared with a net loss of $146 million for 2001. The insurer’s net operating income for the full year was $511 million, compared with a loss …
February 6, 2003
Syntrio, Inc., a provider of complete online training solutions, announced the launch of the Online Training & Tracking Center, a portal offering web-based risk management training solutions to middle market business customers of Fireman’s Fund Insurance Company (FFIC). Designed to …
February 6, 2003
AutoOne Insurance has opened its first upstate New York office. Located in Syracuse, the new facility will handle all AutoOne claims north of Westchester County. The office may be found at: AutoOne Insurance, 5788 Widewaters Parkway, P.O. Box 50, Syracuse, …
February 6, 2003
The Amarillo Court of Appeals upheld a law preventing injured workers from collecting benefits for a work-related injury from two different sources. According to the Texas Mutual Insurance Company, the court ruled that a Houston man who settled out of …
February 6, 2003
The NYSID announced that Victoria Walczak, of Warsaw, New York, has received a 2 to 6 year prison sentence from the Genesee County Court for arson. She was also ordered to pay restitution in the amount of $32,943.57 to two …