Oklahoma Insurance Commissioner Carroll Fisher cut in half the increase doctors would initially face under a rate change requested by Physicians Liability Insurance Co. for its medical malpractice policies, giving physicians time to reportedly better absorb the hike. PLICO requested …
Preferred Medical Claim Solutions (www.pmcsaz.com) and MultiPlan, Inc., (www.multiplan.com) have finalized a multi-faceted business-to-business partnership that is reportedly immediately beneficial for clients of PMCS and MPI. Effective immediately, PMCS will have access to the complete provider network of MPI on …
While June 6, 1944 will long be remembered, Nov. 24, 2003 won’t have quite the same resonance with the French public. Credit Lyonnais (CL) and the French government have until 9:00 p.m. PST to reach a settlement agreement with federal …
Despite the horrendous damage caused by the two bomb blasts that ripped through Istanbul last Thursday, killing 28 persons and injuring over 400, the insured losses are not expected to be excessively heavy. Roger Short, the British Consul General, was …
Silverstein Properties and the Port Authority are reportedly close to reaching agreement with GMAC Commercial Mortgage Corp., the principle lender on the World Trade Center Lease, to release $563 million to repay the outstanding loans. As the parties continued their …
The Auto Club’s affiliated Interinsurance Exchange has gained state insurance department interim approval for its emergency request to reduce insurance rates for its policyholders whose houses were destroyed by the recent Southern California fires. Also, the Exchange has postponed bills …
Michigan-based American Physicians Capital, Inc. (APCapital) announced that it has unwound its participation in the Oct. 29, 2003 trust preferred pool transaction. As a result of this action, the company is eliminating $20.6 million of debt from its balance sheet …
The Injured Workers’ Insurance Fund (IWIF) announced the creation of a new division, Lighthouse Risk Solutions. The risk management division will focus on the growing risk management needs of medium to large companies based in Maryland. IWIF, a Maryland workers’ …
A Fultondale, Alabama company that has reportedly marketed medical malpractice insurance to physicians and hospitals has been ordered to terminate all activities in Alabama, Commissioner Walter Bell announced. The formal cease and desist order was filed against American Resource Trust …
According to a recent nationwide survey conducted by Deep Customer Connections, Inc. (DCC), a Massachusetts-based management consulting firm serving the property and casualty (P/C) industry, National Grange Mutual (NGM), the flagship company of The Main Street America Group, received the …