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

Fla. Outpaces Nation in Fraud Convictions

Florida once again leads the nation in the number of insurance fraud convictions and cases presented for prosecution, according to a study released this week (see National news) by the Coalition Against Insurance Fraud, a national alliance of consumer organizations, …

N.Y. Attorney General, Nassau Deputy Bureau Chief Named Top Fraud Fighters of the Year

The National Insurance Crime Bureau (NICB) was to honor New York Attorney General Eliot Spitzer and Deputy Bureau Chief of the Nassau County District Attorney’s Office Barbara Kornblau as its 2003 Man and Woman of the Year for the New …

Frank Gates Service Cos. Adds ROES

Red Oak E-Commerce Solutions, Inc. (ROES), a provider in Internet based claim reporting systems, announced that Frank Gates Service Companies has switched their workers’ compensation injury reporting to ROES’ WorkComp.Net ASP solution. Pat Shaw, VP Systems & Education, stated that, …

Coalition Against Insurance Fraud Reports Convictions Rise Nearly a Third

Alice Ross, an engaging 71-year-old grandmother, died when her Buick was rammed by a car packed with gang members allegedly staging a crash in Brooklyn to make fake injury claims against insurance companies. Increasingly, violent crashes staged by large gangs …

Tort Reform Proposal Reportedly Lacking; Misses the Mark on Fundamental System Problems

Dr. Jeff Collins, president of the Washington State Medical Association (WSMA), issued the following statement on the release Thursday morning by the Governor, and House Majority Leaders of their “tort reform” package: “It is gratifying to know that the Governor, …

Mich. Supreme Court Could Be Next Battleground for Medical Monitoring Claims

The Coalition for Litigation Justice, Inc., a nonprofit association formed by insurers to improve the toxic tort litigation environment, this week filed a “friend of the court” brief with the Michigan Supreme Court, urging the Court to hear an appeal …

BCBSNC Issues Response to Resolution of Emergency Room Claims Issue

Blue Cross and Blue Shield of North Carolina issued a statement from Bob Greczyn, president and CEO, on a settlement between BCBSNC and the North Carolina Department of Insurance on the emergency room claims issue: “Blue Cross and Blue Shield …

Best Affirms Rating for Lloyd’s Syndicate 609

A.M. Best Co. has affirmed the Best’s Syndicate Rating of A (Excellent) of Lloyd’s Syndicate 609, which is managed by Atrium Underwriters Limited. The outlook remains stable. The rating reflects the syndicate’s excellent financial performance and business profile, in addition …

RTW Tabs Murphy as New CEO

Minnesota-based RTW, Inc. announced that the Board of Directors has elected Jeffrey Murphy, the company’s current CFO to the position of president and CEO of RTW effective immediately. Murphy succeeds J. Alexander Fjelstad, president and CEO since December 2001, who …

Mass. Division of Insurance Reports Auto Rate Decision for 2004

Massachusetts Insurance Commissioner Julianne Bowler this week rejected the auto insurance industry’s request for a 12.4 percent average rate increase and signed a decision in the 2004 private passenger insurance rate case that will result in a 2.5 percent statewide …