Monthly Archives: <span>April 2003</span>

AIA Says Asbestos Summit Hopeful for Reform in 2003

Momentum toward true reform of asbestos litigation continues today with a wide-ranging bipartisan summit organized by key senators, the American Insurance Association (AIA) said. “Today’s meeting shows that leaders in Congress on both sides of the political aisle are working …

Over-utilization of Chiro. Care Hurting Calif. WC, AIA Says

Legislation to curb over-utilization of chiropractic care without physician oversight will help control the skyrocketing medical costs that are jeopardizing California’s workers’ compensation system, said the American Insurance Association (AIA). SB 354, authored by Senator Jackie Speier (D), would require …

RAND Recommends Reforms of Calif. WC Courts

The system that resolves workers’ compensation disputes in California is failing to provide the swift justice required by law and needs to be reformed, according to a study by RAND’s Institute for Civil Justice. The report found that the state’s …

Jacksonville, Fl. Clinic Owner Charged with Billing Fraud

A Jacksonville man surrendered today to fraud investigators with the Department of Financial Services on a charge that he collected more than $100,000 in insurance payments for MRI scans that he couldn’t have performed, given he was operating from a …

Lloyd’s Announces Financial Results – $1.32B Profit for 2002

After weathering asbestos claims, various disasters and the Sept. 11 attacks, Lloyd’s announced today that 2002 was a spectacularly profitable year. The 315-year old insurance market posted net profits on an annual basis of £834 million ($1.32 billion), its first …

Sedgwick CMS Enhances Juris(R) Claims Information System

Memphis-based Sedgwick Claims Management Services Inc. (Sedgwick CMS) announces additional capabilities for its JURIS(R) claims management information system including new features for the integrated administration of worker absence programs such as FMLA and workers’ compensation, automated OSHA determination and reporting, …

CNA Announces Agreement to Sell Unbundled Risk Management Claims Business

Chicago-based CNA Financial Corporation announced it has signed a binding agreement to sell a portion of the business of its subsidiary, RSKCo, to Cunningham Lindsey, U.S., a subsidiary of Lindsey Morden Group, Inc., a publicly traded corporation on the Toronto …

Co-operative Ins. Licenses AcroSoft’s Imaging and Workflow Solutions

Co-operative Insurance Companies of Middlebury, Vt, licensed Columbia, S.C.-based AcroSoft’s Imaging and Workflow solutions for its Claims Department as part of its commitment to provide members fast and fair claims service. The implementation of AcroSoft’s imaging and workflow in Co- …

Pineville, Louisiana Agent Suspended

Louisiana Department of Insurance Fraud Unit investigators served a cease and desist and summary suspension order to Vimmi Inabnet Clarius of Pineville, prohibiting her from conducting any kind of insurance business in Louisiana, according to acting Insurance Commissioner J. Robert …

NYC Mayor Warns WTC Liability Suits Could Bankrupt City

New York Mayor Michael Bloomberg told the committee investigating the Sept. 11 attacks that personal injury lawsuits against the city by persons claiming they’ve suffered long-term health damage as a result of the attacks and the subsequent clean-up activities could …