Monthly Archives: <span>January 2004</span>

S&P Affirms ING Group’s Ratings; Insurance Outlook Negative

Standard & Poor’s Ratings Services announced that, following a review, it has affirmed its ratings on Holland’s ING GROEP N.V. and related entities, “including its ‘A+/A-1’ counterparty credit ratings on holding companies ING GROEP N.V., ING Verzekeringen N.V., and ING …

Tennessee’s P/C Market Mirrors Challenges Other States Face

Paula Flowers Paula Flowers, the commissioner of Tennessee’s Department of Commerce and Insurance, recently set aside some time to talk with Insurance Journal Southeast regarding some of the industry issues impacting the Volunteer State. Flowers was appointed by Democratic Governor …

CWCI Schedules Workers’ Comp Treatment Utilization Guideline Seminars

The California Workers’ Compensation Institute will hold a one-day seminar in March in San Francisco and in Long Beach to educate industry professionals on practical issues surrounding implementation of the new Evidence-Based Medicine (EBM) utilization guidelines required by the 2003 …

CWCI Study Examines Evidence-Based Medicine in California Workers’ Comp

The California Workers’ Compensation Institute has issued a new study examining the development and history of evidence-based medicine (EBM) as a tool for assuring appropriate, quality medical care, and its potential for containing treatment costs and improving California workers’ comp …

AAA Tabs ADP Claims Services Group Preferred Supplier, Lengthens Benefits to AAA Clubs

ADP Claims Services Group, a provider of integrated business solutions for the property and casualty, collision repair and automotive recycling industries, announced that AAA has chosen ADP as the preferred provider of computerized estimating systems for AAA Approved Auto Body …

Mich. Commissioner Begins Inquiry into Climbing Home Insurance Rates

Michigan Office of Financial and Insurance Services (OFIS) Commissioner Linda Watters has launched the first phase of her investigation into rising home and auto rates in Michigan. Watters issued a letter of inquiry to insurance companies writing home insurance policies …

ACS, Georgia Department of Community Health Agree in Principle with Tentative Terms of Settlement

ACS, a provider of business process and information technology outsourcing solutions, announced that the company and the Georgia Department of Community Health (DCH) have agreed in principle to a non-binding statement of terms from which they expect to conclude their …

NCCI Standardizes on Arbortext to Publish Workers’ Comp Information

Michigan-based Arbortext announced that NCCI Holdings, Inc. has selected its software to automate the process of capturing, assembling and publishing workers’ compensation information to NCCI constituents. More than 900 insurance companies, nearly 40 state governments and various Fortune 500 companies …

Students, Doctors and Attorneys Top Speeding, Accident List

A recent study analyzing the driving records of more than 1 million Americans revealed students had far and away the most reported traffic accidents and speeding citations of any occupation. According to the Insurance Council of Texas, medical doctors, attorneys, …

Vermont Commissioner Lists “Top 10” Investment Fraud Schemes

Vermont’s Department of Banking, Insurance, Securities and Health Care Administration (BISHCA) Commissioner John Crowley issued a bulletin aimed at helping investors cope with the “increasingly complex and confusing arena of investment frauds.” Crowley released the North American Securities Administrators Association’s …