North Dakota Workers’ Compensation (NDWC) plans to cover potential health-care workers’ and emergency responders’ adverse reactions to the smallpox vaccine during phase two of the national program to immunize the “first responders” to a dreaded smallpox terrorist attack. NDWC announced …
Pennsylvania Governor Edward Rendell released a statement on Friday promising short-term economic relief for physicians struggling to pay medical malpractice premiums. The text is as follows: “Two months ago, I stood shoulder to shoulder with Governor Schweiker to unveil a …
Standard & Poor’s Ratings Services lowered its counterparty credit and financial strength ratings on Boca Raton, Fla.-based Associated Industries Insurance Co. (AII) to “Bpi” from “Bbpi.” “This rating action was based on AII’s weak capital, weak liquidity, high geographic and …
Vesta Insurance Group Inc. of Birmingham, Ala., reported net operating earnings of $4.5 million, or $0.13 per share in the fourth quarter 2002 compared to a loss of $2.3 million, or $(0.07) per share for the corresponding period in 2001. …
Standard & Poor’s has lowered its counterparty credit and insurer financial strength ratings on National Heritage Insurance Co. (Texas) (National Heritage TX) to “Bpi” from “BBpi”. “The ratings actions are based on National Heritage TX’s weak capitalization, high geographic and …
In State Representative Jim McReynolds’ latest “Capitol Report,” the legislator discussed three solutions to the problems of Texas medical malpractice system, the reform of which was declared one of the emergency issues for the current session of the Texas Legislature. …
California-based Risk Management Solutions (RMS), a provider of products and services for the management of natural hazard risks, today announced the release of version 3.3 of its Climetrix(TM) weather derivatives trading and risk management system with several enhancements to pricing …
Workers Compensation Fund (WCF) will host seven safety seminars for Utah employers in March. Scheduled courses include workplace ergonomics, preventing sprains and strains, return-to-work programs, defensive driving, landscaping safety, industrial hygiene and a safety roundtable. “Attending these seminars, will teach …
Skyrocketing insurance premiums, a dearth of companies writing medical malpractice insurance and doctors suspending their practices in protest are precipitating increased regulatory involvement and tort reform in the medical malpractice industry. According to the American Medical Association, which released a …
Investigators with the California Department of Insurance (CDI) Investigation Division and the Fraud Division announced recent developments in these insurance fraud cases: ·ANAHEIM – Gary Stromme, 47, originally pled guilty last December to two felony counts of grand theft for …