New Jersey’s Banking and Insurance Commissioner Holly C. Bakke has issued an order to reactivate the state’s long-disused Medical Malpractice Reinsurance Association (MMRA) in order to “assure continued access to health care” by making reinsurance available to the state’s medical …
Authorities in Bermuda have issued a bulletin assuring the rest of the world that the island’s insurance and financial enterprises remain open for business, despite extensive damages caused by the passage of Hurricane Fabian. Preliminary estimates have put losses at …
California’s State Compensation Insurance Fund hailed cost saving measures contained in the Legislature’s workers’ compensation reform package as a significant step toward decreasing system costs. This legislation will bring relief for employers who can again invest in their workforce and …
The Florida Office of Insurance Regulation is reportedly moving ahead with developing guidelines designed to tighten personal injury protection (PIP) rules in the state, as required by legislation passed in the last session. “The industry, the department and medical representatives …
CHOICE Medical Management Services, Inc. a Florida workers’ compensation care management organization, has hired Ruth Montgomery as regional manager for the Southeast. Montgomery’s responsibilities include developing CHOICE’s preferred provider network of workers’ compensation physicians and servicing clients. She is based …
California-based Fair Isaac Corporation, a provider of analytics and decision technology, announced that OneBeacon Insurance Group is implementing Fair Isaac’s medical bill review services for Personal Injury Protection (PIP) and med-pay bills. The agreement is the third between OneBeacon and …
A 150-page bill that emerged from committee this week following late night bargaining is full of loopholes and won’t produce immediate savings on workers’ compensation policies as some are claiming. That’s the initial analysis following a first look at the …
The Strategic Research Institute announced it will hold a one-day intensive seminar on “Insurance & Risk Management in the Oil & Gas Industry” in Houston on Oct. 27. The seminar addresses the problems that trouble obtaining insurance, increasing cost and …
ALLETE, Inc. announced that Cheryl Munce has been named president of ADESA Impact, ALLETE’s total loss vehicle remarketing company based in Indianapolis. Munce is currently president of ADESA Impact’s sister company in Canada, Impact Canada. She succeeds Warren Byrd, who …
The Texas Department of Insurance (TDI) completed its second and final round of reviews of Texas homeowners’ insurance company rates, in which 29 companies were reviewed and 5 insurers were ordered to reduce rates from between 10 percent to 22.4 …