Norcross, Ga.-based Reed Construction Data (formerly CMD) announced the launch of its Means CostWorks Valuator software program. This new software program employs cost data from Reed Construction Data’s RSMeans product to prepare replacement cost valuations of residences for homeowner property …
A.M. Best Co. has reaffirmed Salt Lake City, Utah-based Workers Compensation Fund (WCF)’s A-minus (Excellent) rating. According to A.M. Best, WCF’s A-minus rating reflects the mutual insurance company’s excellent financial strength, strong reserve practices and dominant market position. It also …
The National Property Crime Conference will be held Aug. 11-14 at the Sheraton World Resort in Orlando. This is a property crime conference for insurance investigators, police burglary, theft, pawn detectives and corporate loss prevention investigators. For more information, call …
The Alabama Senate sent to Gov. Bob Riley a bill that will reportedly regulate indoor pyrotechnic displays in hopes of preventing a disaster like the one at a night club in Rhode Island earlier this year. The legislation, sponsored by …
A.M. Best Co. has affirmed the financial strength ratings of A (Excellent) of Illinois-based Horace Mann Educators Corporation’s insurance operating subsidiaries. Concurrently, A.M. Best has affirmed the “bbb+” debt ratings on Horace Mann Educators Corporation’s $100 million 6.625 percent senior …
Royal & SunAlliance standard and preferred personal lines agents who use Applied Systems agency management software can now access real-time claim and billing information through IVANS Transformation Station(TM). Built by IVANS, a provider of e-commerce and networking solutions for the …
Pennsylvania-based Harleysville Group Inc. announced that, based on loss activity through May 31, 2003, it expects 2003 second quarter diluted operating earnings per share to be in the range of $0.32 to $0.40. Current accident year losses were impacted in …
New Jersey’s Attorney General Peter Harvey announced that a Morris County chiropractor pleaded guilty to reportedly submitting more than $20,000 in phony health care insurance claims for chiropractic services that were never rendered and for paying “runners” to obtain patients …
The severe financial crisis afflicting the medical malpractice insurance industry is depleting that sector’s capital base more rapidly than previously thought, according to a new study by Conning Research & Consulting, Inc. The Conning Research study, “Medical Malpractice – Anatomy …
Fireman’s Fund Insurance Company just began a national roll-out of Mitchell’s (www.mitchell.com) Internet-based eGlassMate solution. In slightly more than a month, Fireman’s Fund is 40 percent complete in the roll-out with eGlass already expanding the insurer’s number of glass repair …