February 25, 2004
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 …
February 24, 2004
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 …
February 24, 2004
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 …
February 24, 2004
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 …
February 24, 2004
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 …
February 24, 2004
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 …
February 24, 2004
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 …
February 24, 2004
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 …
February 24, 2004
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. …
February 24, 2004
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 …