Officers from the California Department of Insurance (CDI) arrested Patrick James Murphy, 45, of Norco, April 2 and charged him with 39 felony counts including grand theft, elder abuse, forged official seal, and submission of forged instrument to a state …
North Carolina Insurance Commissioner Jim Long announced a settlement in the 2003 auto insurance rate case that could save consumers nearly $500 million in premiums from current rates. The agreement, reached between the Department of Insurance and the North Carolina …
The Cooperative of American Physicians, Inc.-Mutual Protection Trust (CAP-MPT), a California provider of medical professional liability coverage, recently registered its 7,000th member in the course of setting records for membership growth in recent years. Despite an uncertain climate in the …
Fairfax, Va.-based Claims Resolution Management Corporation (CRMC), a pioneer in asbestos claims resolution and creator of e-Claims(TM) (patent pending), is featured in analyst group Visiongain’s newly released report, “E-Claims – Market Outlook 2002-2007,” which highlights the benefits and competitive advantage …
Selective Insurance Group Inc. announced that the severe weather that blanketed the East Coast in January and February will have a negative impact on first quarter results. On an after-tax basis, the increase in both weather-related catastrophe and other large …
DHB Industries Inc., a provider of protective body armor industry, announced that it has won a settlement agreement from its insurance agent. Under the terms of the settlement, the insurance agent will pay DHB $1 million cash. The Company had …
Acting Attorney General Peter C. Harvey announced that four Essex County residents have been charged with conspiracy, official bribery, theft and Health Care Claims Fraud as part of an organized scheme to illegally obtain valid police accident reports in order …
Georgia Insurance Commissioner John W. Oxendine has called on the state’s insurance companies to expedite storm damage claims – estimated at $2.5 million — resulting from the recent deadly tornadoes in Mitchell and Worth counties. Commissioner Oxendine visited the affected …
Washington, D.C. – Mixing humor with some serious talk on the Iraq war and medical malpractice, attendees at the 27th IIABA National Legislative Conference heard from a pair of senators Thursday morning who noted that while the economy needs to …
The Toronto-based–Lindsey Morden Group Inc. (LMG) announced that its wholly-owned subsidiary, Cunningham Lindsey U.S., Inc., has entered into a definitive agreement to acquire RSKCo Services, Inc. from Continental Casualty Company, a subsidiary of CNA Financial Corporation. “Through the transaction, Cunningham …