SUVs and light trucks, auto makers’ highest profit generators, are reportedly fast becoming one of auto insurers’ biggest risks, according to a study by Conning Research and Consulting, Inc. “For years, car owners have been subsidizing the light truck owners’ …
Pennsylvania-based MedRisk, Inc. has hired Rommy Blum as marketing manager. Blum’s responsibilities include market research and planning, advertising and communications, trade show management, Web site development, public relations, and direct marketing. Blum brings nearly 15 years’ of business-to-business marketing experience …
New Jersey Attorney General Peter Harvey announced that a Passaic County M.D. has pleaded guilty to various insurance fraud crimes, including paying “runners” to bring in patients, submitting phony health care insurance claims and billing for medical services that were …
The 2003 International Autobody Congress & Exposition (NACE) will spotlight the latest collision repair technologies, processes and techniques through special programs, including a new Aluminum Car Showcase, a new educational Claims Process Pavilion, and the popular Action Demo Arena during …
Michael Sarafa, president of the Associated Food Dealers of Michigan, is reportedly calling on Michigan’s Office of Financial and Insurance Services (OFIS) and the State Legislature to look into practices of insurance companies in the aftermath of the Blackout of …
State legislators burned the midnight oil into the early hours of this past Saturday morning to conclude a hectic year of lawmaking with final-hour decisions to reform the state’s troubled workers’ compensation system and make available health insurance to more …
The Oklahoma Insurance Department announced that the State Board for Property and Casualty Rates has voted to hold the line on a key component of workers’ compensation rates, at least for the next year. Insurance Commissioner Carroll Fisher praised the …
Australia’s Westfield Holdings, one of the largest property leasing companies in the U.S., is reportedly in talks with the Port Authority of New York and New Jersey to sell its interest in the World Trade Center lease. According to an …
Bermuda-based PartnerRe Ltd. has issued a bulletin giving details on the impact of Hurricane Fabian, a Category 3 storm which hit the island on Friday, Sept. 5, 2003, with winds in excess of 140 mph (225 kmh), causing an estimated …
Typhoon Maemi struck the Southeast corner of South Korea on Friday night with deadly consequences. The most powerful storm to hit the peninsula since records have been kept packed winds up to 134 mph (215 kph) and struck at high …