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

Marshall & Swift/Boeckh Taps Pathlore to Train Industry

Pathlore Software Corporation, a provider of learning-management systems (LMS), announced that Wisconsin-based Marshall & Swift/Boeckh (MS/B) will use Pathlore’s LMS to bring training to claims adjusters, insurance agents, underwriters, and contractors across the United States. Using Pathlore’s product, MS/B will …

Allstate New Jersey-Encompass Lawsuit Alleges N. Jersey MDs of Fraud

Under the New Jersey Insurance Fraud Prevention Act, Allstate New Jersey Insurance Company (Allstate New Jersey) and Encompass Insurance, a subsidiary of Allstate Insurance Company, filed a civil complaint Wednesday in the Superior Court of New Jersey (Morris County), against …

Moody’s assigns ‘A3’ Rating to Montpelier Re

Moody’s Investors Service has assigned an A3 (“Good”) insurance financial strength rating to Montpelier Reinsurance Ltd., the Bermuda-based property catastrophe and specialty property reinsurance company, which is the main operating subsidiary of Montpelier Re Holdings Ltd., the reinsurer established by …

IBC Analysis Confirms Increased Auto Claims Costs

The Insurance Bureau of Canada (IBC) announced that a review of its database on 119.2 million automobile insurance policies sold throughout Canada in the past 17 years, confirms that in every province the growth in claims costs has outpaced premium …

State Fund’s Trial Team Receives Decision in A.J. Liquor Case

Sheppard, Mullin, Richter & Hampton announced that after nearly seven years of litigation, in a seven-month trial, its trial team, headed by Gregory A. Long, and with Fred Puglisi, Phil Atkins-Pattenson, Jim Burgess, and Justine Casey, obtained a decision on …

Hallmark Financial Sets Record Date For Rights Offering

Fort Worth, Texas-based property/casualty insurer, Hallmark Financial Services Inc., reported that the record date for its previously announced rights offering has been set for the close of business on June 27, 2003. Upon the effectiveness of the registration statement, the …

CSAA Selects Iteration’s Real-Time Reporting Suite

Iteration Software announced that the California State Automobile Association (CSAA) has chosen the Iteration Real-time Reporting Suite(TM) as the standard information delivery solution for the CSAA Claims Organization. CSAA will use the Iteration Real-time Reporting Suite to enable the flow …

AIR Expands San Francisco Offices, Embarks on New Research in Earthquake Engineering

AIR Worldwide Corporation (AIR) announced the relocation and expansion of its San Francisco office to accommodate the increasing number of research initiatives being undertaken there. The San Francisco team, led by Dr. Paolo Bazzurro, has been awarded several new grants …

Repeal of Motorcycle Helmet Law Concern for Region’s Hospitals

Hospital Council of Western Pennsylvania, representing hospitals with trauma centers throughout the region, is reportedly urging state lawmakers not to repeal the current motorcycle helmet law. “We know that if motorcyclists are not wearing helmets, the risk of head injury …

N.J. Massage Therapist Sentenced on Fraud Charge

New Jersey’s Acting Attorney General Peter Harvey announced that a Bergen County massage therapist has been sentenced for reportedly submitting more than $5,000 in fraudulent insurance claims to the Chubb Insurance Company. According to Vaughn McKoy, Acting Director, Division of …