Visibillity, Inc., a collaborative litigation management solution provider for the insurance industry, announced that Pennsylvania-based Vertical Claims Management, LLC (VCM) has selected Visibillity’s collaborative litigation management solution to address its medical malpractice litigation management and claims management needs. The Visibillity …
Standard & Poor’s Ratings Services, in a new publication entitled “Taiwan Insurance Outlook 2003,” announced that it has revised its outlook on Taiwan’s nonlife insurance sector to stable from negative. It’s maintaining its negative outlook, however, on the island’s life …
State-sponsored funds have quickly become a force in the workers’ compensation insurance market, altering the competitive landscape for the private insurers that once dominated this line of business, according to a new study by Conning Research & Consulting, Inc. The …
Investigators with the California Department of Insurance (CDI) Investigations Division arrested Robert Derrick Franklin, 35, of Los Angeles, a licensed agent and owner of First Class Insurance Agency for reportedly selling bogus insurance policies and issuing phony ID cards. Franklin …
Senate Majority Whip Jeffrey Piccola (R-15) emphasized Monday the need for enacting caps on non-economic damages in medical malpractice cases to members of the Politically Active Physicians Association (PAPA) at rallies in Southcentral and Southeastern Pennsylvania. Doctors are beginning a …
SunGard Workflow Solutions, an operating unit of SunGard (NYSE:SDS), announced that Kaiser Permanente has selected MACESS.exp, its newly launched business process management solution for managed healthcare organizations. MACESS.exp is a focal point of Kaiser Permanente’s Claims Shared Service Organization (CSSO) …
According to Arkansas Insurance Commissioner Mike Pickens, the enactment of a new law will give Arkansas insurance consumers stronger protections in the use of credit information and credit scoring when purchasing and renewing insurance coverage. Act 1452 of 2003, which …
Bermuda-based XL Capital Ltd reported net income available to ordinary shareholders for the quarter ended March 31, 2003 of $239.9 million, or net income of $1.74 per ordinary share, compared with net income of $89.5 million, or a net income …
Alabama-based Vesta Insurance Group, Inc. reported net operating earnings of $2.6 million, or $0.08 per share in the first quarter compared to net operating earnings of $.4 million, or $0.01 per share for the corresponding period in 2002. Net income …
Investigators from the California Department of Insurance Fraud and Investigations Divisions, along with the Vallejo Police Department, served a search warrant April 22, 2003 to former insurance broker Jimmie Earl Jackson. According to investigators, Jackson was operating Jaxon Insurance Services …