Brookfield, Wis.-based Fiserv Inc. announced processing and services revenues of $624.8 million, an 11 percent increase over the $560.7 million for the first quarter of 2002. Net income per share-diluted for the first quarter of 2003 was 38 cents per …
Guidewire Software(TM), Inc., a provider of claims solutions for property and casualty insurers, has released Guidewire ClaimCenter, a comprehensive property and casualty insurance claims system, designed to help insurers eliminate avoidable claims costs and improve customer service. Guidewire ClaimCenter, built …
Subrogation Capital Group, Inc., announced the launch of the first of a series of investment funds that will focus exclusively on purchasing portfolios of insurance industry subrogation claims. The inaugural fund is expected to be capitalized with a minimum of …
The Michigan Department of Consumer & Industry Services (CIS) has summarily suspended the dentistry license of Michael S. Urbanik, D.D.S., due to a felony conviction. On Oct. 15, 2002, in the 30th Judicial Circuit Court, Ingham County, Michigan, Urbanik was …
On April 22, CCC Information Services, Inc. filed suit against Mitchell International in the United States District Court for the Northern District of Illinois (Eastern Division) alleging that certain Mitchell software products, including UltraMate, infringe on a patent held by …
The insurance agency affiliate of Louisiana-based Hibernia National Bank announced it has changed its name to Hibernia Insurance. Specializing in commercial and personal insurance, the agency was formerly called Hibernia Rosenthal following Hibernia’s 2000 acquisition of the Rosenthal Agency. Hibernia …
Standard & Poor’s Ratings Services announced it affirmed the “AA” long-term counterparty credit and financial strength ratings on the members of Alabama-based Alfa Insurance Group (Alfa), based on the group’s extremely strong capital, consistently strong operating performance and strong liquidity. …
Pennsylvania Governor Ed Rendell announced at a news conference in Harrisburg that the state’s present Insurance Commissioner, Diane Koken, would be his nominee to continue to head the department in his administration. She was first appointed to the post of …
ACS, a provider of business process and information technology outsourcing solutions, announced that its Fraud and Abuse Detection System, which has been operational in the Montana Medicaid program as part of ACS’ comprehensive fiscal agent (FA) solution, has helped the …
Disaster Kleenup International, Inc., a network of quality, independent property damage restoration contractors, has extended its coverage in the country’s western region with the addition of Mitigation And Repair Solutions (MARS Restoration) of Las Vegas to its membership in April. …