Robert D. Orr, Chairman and CEO of Brooke Corporation announced that Brooke has moved its National Office in Overland Park, Kansas to consolidate many of its corporate and subsidiary operations into one location. In making the announcement, Orr noted that …
Orange, Calif.-based CONEXIS, one of the fastest growing technology companies specializing in administration for Consolidated Omnibus Budget Reconciliation Act (COBRA), Section 125 (Cafeteria) Flex plans, and Health Reimbursement Arrangements (HRA), announced today its acquisition of Dallas-based CompLink, one of the …
Attorney General Peter C. Harvey announced that the administrator of a Camden County outpatient mental health clinic has pleaded guilty to Medicaid Fraud for inflating more than $13,000 worth of patient billings submitted to the state Medicaid Program. The Medicaid …
In the first of a series of programs on advances in loss control, the Property Loss Research Bureau (PLRB) is hosting a three-day seminar on new methods for drying water-damaged structures. “Changing the Drying Paradigm” will give claims personnel a …
By Robert Wooley When I first became an insurance regulator in 1999, I was alarmed by the aggressive tone of those who were advocating for a takeover of state insurance regulation by the federal government. At that time, I mentioned …
The American Insurance Association (AIA) announced that the North Carolina Senate approved a medical malpractice bill that the association believes falls short of the goal of comprehensive medical liability reform. S. 802 passed on a 27-19 vote along party lines …
Standard & Poor’s Ratings Services announced it placed its ratings on Centre Solutions (Bermuda) Ltd. and related operating companies (collectively referred to as Centre) on CreditWatch with negative implications because of concerns that the in-force portfolio being placed in managed …
Although meteorologists are continuously downgrading the anticipated strength of Hurricane Isabel, the storm could still wreak serious damage — and big insured losses — along the Atlantic seaboard, an insurance industry representative said in a note to reporters. Because the …
A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) of York, Pa.-based Lincoln General Insurance Co., a subsidiary of Kingsway Financial Services Inc. The rating has been removed from under review and assigned a negative outlook. Lincoln …
Risk Management Solutions (RMS) projected that Hurricane Isabel could cause insured losses in the $500 million range if the storm continues on its current track toward Cape Lookout in North Carolina. If the storm makes landfall further north, with a …