On February 20, 2004, the Arkansas Insurance Department issued the following directive on cancellations, nonrenewals and discriminatory underwriting practices for property and casualty insurance: The Department recognizes that Arkansas law imposes minimal restrictions on underwriting. However, the Department expects property …
A new insurer survey estimates that roughly three-quarters of claims stemming from the devastating October wildfires have been resolved. A poll by the Insurance Information Network of California of insurers representing more than 65 percent of the homeowners insurance market …
Bauer Investigation has been selected over other investigative firms nationwide to provide surveillance video to Good Morning America the morning of Wednesday, Feb. 25. The ABC morning news program is broadcasting a report on the high incidence of fraud in …
Pediatricians Insurance Risk Retention Group of America (PIRRGA), a physician-owned and governed medical malpractice insurance company, has received notification of registration from the Florida Office of Insurance Regulation to begin underwriting medical malpractice insurance. The company, legally domiciled and licensed …
Alabama-based ProAssurance Corporation reported Net Income of $38.7 million, or $1.33 per diluted share, for 2003, more than triple 2002’s Net Income of $12.2 million. Net Income for the fourth quarter of 2003 was $13.8 million, or $0.47 per diluted …
California Insurance Comm-issioner John Garamendi unveiled his new workers’ compensation reform package Feb. 10. His proposal aims to bridge the gap between labor and business interests and provide a solid framework for Democrats and Republicans to address the system’s serious …
Property and casualty insurers’ use of credit information in underwriting and pricing automobile and homeowners insurance conforms with federal and state law and the fundamental principle of fairness that rates should correlate with risk. Nothing in the recent Missouri Department …
Texas Mutual Insurance Company reported that Dr. Catherine Delaney, a Ph.D. therapist from Houston, entered a corporate plea agreement (Delaney and Associates) with the Travis County District Attorney’s office related to charges of workers’ compensation insurance fraud. Dr. Delaney pleaded …
Members of the Coalition for Patients Rights (CPR) will visit with Maryland Legislators in the coming weeks to voice their support for Senate Bills 544, 545 and 546 that recently were introduced. The bills reportedly identify realistic and achievable solutions …
dakota imaging announced the availability of Transform EZ, the company’s first data capture and transaction processing solution targeted specifically for mid-sized organizations. Built on dakota’s Transform platform, Transform EZ reportedly enables mid-sized companies to cost-effectively improve their overall claims processing …