May 7, 2003
New Jersey-based Selective Insurance Group, Inc. reported net income of $8.0 million, or $0.29 per diluted share, for the first quarter ended March 31, 2003, compared with $10.3 million, or $0.39 per diluted share for the same period last year. …
May 7, 2003
The Hartford Financial Services Group Inc. has adjusters in place in Kansas City to respond to damage claims resulting from Sunday’s tornadoes in Missouri, Kansas and Tennessee and related wind and hail storms in more than 10 other states. Additionally, …
May 6, 2003
New Jersey-based The MIIX Group, Inc., a provider of medical professional liability insurance, has agreed to an Order with the New Jersey Department of Banking and Insurance that sets forth the framework for the regulatory monitoring of MIIX Insurance Company …
May 6, 2003
Dr. James Ghadially, owner and operator of Houston area Gulf Coast Orthopaedic & Spine Associates, was indicted on 21 counts of fraud. Each count carries a maximum of five years in federal prison and a $250,000 fine. Federal agents arrested …
May 6, 2003
Real Ohioans whose lives have reportedly been turned upside down by a tort system run amok will be the most important beneficiaries of a sweeping litigation reform bill introduced last week in the Ohio Senate. The American Insurance Association (AIA) …
May 6, 2003
Investigators with the Division of State Fire Marshal arrested 612 Floridians last year for arson-related crimes. With Monday’s kick-off of National Arson Awareness Week, Florida will hold several events to allow the public to learn more about the state’s arson …
May 6, 2003
The Doctors Company, a national doctor-owned malpractice insurer, recently named Collocation Solutions, LLC as their outsourced data center provider for their mirrored hot site disaster recovery installation. California-based, The Doctors Company’s decision to develop their own hot site solution was …
May 6, 2003
California Insurance Commissioner John Garamendi spoke recently to the Assembly Insurance Committee in Sacramento. Below are his comments as provided by the Calif. Department of Insurance. Chairman Vargas and Committee Members, Thank you for allowing me to speak today on …
May 6, 2003
New Jersey’s Acting Attorney General Peter Harvey announced that a former employee of a Camden County insurance company has been sentenced to state prison and ordered to pay restitution for reportedly stealing more than $100,000 from his employer. According to …
May 6, 2003
Virus attacks continue to top the list of computer-related concerns among small and midsize businesses, according to a new survey of companies with fewer than 500 employees conducted by The Hartford Financial Services Group. The national survey found that nine …