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

Tampa Medical Clinic Records Seized, Owners Arrested

Investigators with Florida’s Department of Financial Services, Division of Insurance Fraud, seized hundreds of records from a medical clinic and arrested the three owners on charges of organized scheme to defraud, insurance fraud and grand theft following a joint investigation …

Temporary Housing Directory Launches New Web site

Temporary Housing Directory (THD) announced the launch of a new Web site created by WSI Internet Consulting & Education (www.WSIsuperiorwebresults.com). The new Web site, www.temp-housing.net, offers improved user experience and functionality for those seeking or managing short term housing arrangements …

Mich. Commissioner Launches Inquiry Into Rising Auto Rates

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

Workmen’s Auto Insurance Licenses Injury Sciences’ WrExpert to Evaluate Auto Claims

Injury Sciences LLC announced that Workmen’s Auto Insurance Company of Los Angeles, is the latest licensee of WrExpert, Injury Sciences’ flagship product for identifying exaggerated soft-tissue claims. Workmen’s Auto reportedly joins a list of top carriers writing in California who …

Cooks Collison Goes With ADP Claims Services Group’s Shoplink for All Bay Area Shops

California-based ADP Claims Services Group, a provider of integrated business solutions for the property and casualty, collision repair and automotive recycling industries, announced Cooks Collision will use Shoplink, ADP’s computerized estimating system, in all of its 13 shops. Cooks Collision …

Sedgwick Claims Management Opens Canadian Office

Sedgwick Claims Management Services, Inc. has announced the opening of Sedgwick CMS Canada Inc., in Mississauga, Ontario, a suburb of Toronto. It marks the first international location for the U.S. claims and productivity management services provider. “Sedgwick CMS has for …

S&P Assigns Arch Capital ‘BBB-‘ Rating

Standard & Poor’s Ratings Services assigned its announced that it has assigned a “BBB-” counterparty credit rating to the Bermuda-based Arch Capital Group Ltd., with a stable outlook. “The rating is based on Arch and its operating companies’ very strong …

Owner of Defunct N.J. Pharmacy and Ringleader of Medicaid Fraud Scam Pleads Guilty to Money Laundering Scheme

New Jersey Attorney General Peter Harvey announced that the owner of a defunct Newark pharmacy has pleaded guilty in Essex County Superior Court to “laundering” more than $1.8 million in stolen monies obtained, in part, from one of the largest …

NCRIC Group Reports Adverse Verdict in Premium Collection Litigation

NCRIC Group, Inc. reported that a District of Columbia Superior Court jury on Monday returned a verdict in favor of Columbia Hospital for Women Medical Center, Inc. (CHW) in the premium collection litigation between its subsidiary NCRIC, Inc. and CHW. …

Unreimbursed Property/Casualty Losses Often Overlooked Tax Deduction Says III

With less than two months left until tax day, taxpayers are sifting through their files to assess last year’s gains and losses. An often-overlooked deduction is unreimbursed property and casualty losses, according to the Insurance Information Institute (I.I.I.). “If your …