April 21, 2003
North Carolina-based MJM Investigations Inc.’s Fraud Prosecution Team aided government authorities in the recent convictions of eight individuals for fraudulent workers’ compensation claims, totaling over $200,000 in savings to MJM’s clients. Such was the case for Ron Mason, a deliveryman …
April 21, 2003
The Georgia Senate has unanimously approved legislation allowing insurers to use credit-based insurance scores in underwriting and rating homeowners and auto insurance coverage, according to the American Insurance Association (AIA). The bill now goes to Gov. Sonny Perdue for his …
April 21, 2003
Dallas-based Hallmark Financial Services, Inc. announced that A.M. Best has upgraded the financial strength ratings of its two insurance subsidiaries. American Hallmark Insurance Company of Texas was upgraded from “C+” to “B-” and Phoenix Indemnity Insurance Company was upgraded from …
April 21, 2003
Frustrated by the reported lack of substantive action by Pennsylvania to reform medical liability insurance, physicians throughout the state will exercise their constitutional right to protest beginning April 28. The purpose of the protests are to unite physicians and patients …
April 21, 2003
The long-awaited report from the royal commission investigating the collapse of Australia’s HIH in March of 2001, has been issued. It concluded, that, although there may have been breaches of civil and criminal law by the company’s managers, the company’s …
April 21, 2003
California-based Fair Isaac Corporation, a provider of analytics and decision technology, announced the availability of the Interplan PharmacyComp Preferred Provider Organization (PPO) in the company’s CompAdvisor(r) medical bill review software. The new pharmacy PPO agreement with Interplan will enable Fair …
April 21, 2003
New York State Insurance Department Superintendent Gregory Serio announced that a joint investigation with the Suffolk County District Attorney’s Office has resulted in the arrest of Patrick Ferguson, 53, a former independent insurance salesman, on charges of scheming to defraud …
April 21, 2003
Commercial property insurance and risk management provider GE Commercial Insurance announced it will be the key presenter at an upcoming building safety and security symposium in Oklahoma City. The two-day symposium, April 24-25, is sponsored by the Protecting People First …
April 21, 2003
North Dakota Governor John Hoeven recently approved a significant tort liability reform bill that will help restore balance to the states judicial system. In addition, the governor is also considering legislation dealing with the payment of attorney fees in uninsured …
April 21, 2003
Bermuda-based ACE Financial Solutions International, Ltd. announced the promotion of both Mark Lima and Simon Burton to the position of executive vice president. Both Lima and Burton will continue to report directly to Pierre Samson, president & CEO of ACE …