February 27, 2003
Approximately 300 Illinois doctors, most from the Chicago area, staged a “white-coat rally” in the rotunda of the state’s capitol in Springfield on Wednesday. Illinois already has limits on non-economic and punitive awards in health care cases, but doctors are …
February 27, 2003
The New Jersey based MIIX Group, Inc., a provider of medical professional liability insurance services, announced a net operating loss for the fourth quarter ended Dec. 31, 2002, of $63.7 million, or $4.77 per share, compared to a net operating …
February 27, 2003
Georgia Insurance Commissioner John Oxendine recently spoke out on the need for judicial reform as a way to encourage insurers to compete for business in the state. According to the National Association of Independent Insurers (NAII), in a recent presentation …
February 27, 2003
FINEOS Corporation, a leading innovator of insurance and banking software, has just announced that Fortis Benefits Insurance company has gone live with its multi-channel intake and claims management system, FINEOS Disability Claims Manager. Implemented over nine months, the solution has …
February 27, 2003
Based on recommendations from two stakeholder advisory panels, Calif. Insurance Commissioner John Garamendi is proposing immediate action in seven areas to restructure California’s ailing workers’ compensation system, which experts agree is driving businesses out of California. The seven areas of …
February 27, 2003
Advanced Financial Solutions Inc. (AFS), a provider of image-based remittance processing solutions for insurance, based in Oklahoma City, announced that a prominent regional insurance company has selected the AFS ImageVision Remittance solution as the centerpiece of their new remittance processing …
February 27, 2003
A Gulf County, Florida man who happens to be a federal law enforcement officer, was arrested for setting his 1999 Chevrolet Z71 truck allegedly in order to collect insurance money. According to the Florida Department of Financial Services, Robert Gay, …
February 27, 2003
New Jersey’s insurance crisis reportedly took yet another turn for the worse Wednesday when the New Jersey Department of Banking and Insurance allowed New Jersey Manufacturers Insurance Group, the state’s largest insurer, a respite from quoting rates to drivers seeking …
February 27, 2003
The Supreme Court of Alaska will decide whether state law requires that personal auto insurance companies include price terms when offering optional uninsured/underinsured motorist coverage limits. The court will also determine the appropriate remedy for improper or inadequate offers of …
February 26, 2003
Legislation introduced Tuesday in the Michigan House shows continuing strong support across the state for small business health insurance market reform that will help stabilize the marketplace and prevent the practice of cherry-picking, according to Blue Cross Blue Shield of …