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

Former N.J. School District Employee Charged with Defrauding State Health Benefits Program

New Jersey Attorney General Peter Harvey announced that a former Linden public school employee has been charged by the Division of Criminal Justice – Office of Insurance Fraud Prosecutor with Health Care Claims Fraud and theft by deception for submitting …

Calif. Agent Pleads Guilty to Selling Phony Policies

California Department of Insurance (CDI) investigators are seeking additional victims in the case of a West Sacramento insurance agent/broker who admitted to selling phony policies to more than two dozen construction firms, bilking them out of approximately $750,000. Terry Lowell …

Main Street America Group Chooses Millbrook for Enterprise Needs

Millbrook Incorporated (www.millbrookinc.com) has been chosen by The Main Street America Group (www.msagroup.com) to provide technology and industry knowledge to implement broad, enterprise wide information initiatives. These initiatives are designed to allow The MSA Group to use its data to …

Oklahoma Changes Non-Resident Renewal Process

The Oklahoma Insurance Department announced it has made arrangements with the National Insurance Producer Registry (NIPR) to renew individual Non-Resident licenses online at NIPR’s Web site. Effective March 29, 2004, individuals seeking to renew their non-resident licenses should go to …

ABD Insurance and Financial Services Garners High Performing Agency of the Year

California-based ABD Insurance and Financial Services, a provider of global risk management and employee benefits solutions, has been recognized as 2003 High Performing Agency of the Year by CNA Insurance. The annual designation is based on overall profit, growth and …

Self-Insured Health Plans Risky, Says Group

With health care costs and insurance premiums rising, many state and federal policymakers are promoting association health plans (AHPs) as a way to expand access to affordable health insurance coverage. But a new report from The Commonwealth Fund warns that …

Ga. Agent Charged with Theft, Insurance Fraud

Georgia Insurance Commissioner John Oxendine announced that an arrest warrant has been issued for a Savannah insurance agent who has been charged with insurance fraud and other charges in connection with medical malpractice insurance and other commercial policies he sold …

Travelers Notes Settlement of Certain Litigation Related to St. Paul Merger

Travelers Property Casualty Corp. announced the settlement of three lawsuits brought by four Travelers shareholders against Travelers and its board of directors relating to the proposed merger of Travelers with The St. Paul Companies Inc. The settlement is subject to, …

Symposium Reports Stricter Underwriting, More Discipline Needed if D&O Market is to Recover

Insurers must become more disciplined, underwrite more strictly, better educate their insureds and get pricing right if they expect the Directors and Officers liability market to improve, the 2004 PLUS (www.plusweb.org) D&O Liability & Insurance Issues Symposium was told recently. …

eAutoclaims.com Issues Guidance with New Marketing Programs/Alliances

Florida-based eAutoclaims Inc., which provides online claims management for the auto insurance industry through both application services provider (ASP) and outsourcing solutions, recently announced a new co-marketing agreement with ADP Claims Service Group. The company issued guidance as a result …