Arizona Director of Insurance, Christina Urias, assumed control of Old West Annuity and Life Insurance Company (“Old West”) this month, in a move intended to protect policyholders and assist the insurer in dealing with financial problems stemming from its parent …
As with almost every facet of business, the advertising industry has significantly changed with the rapid advancement of technology. Years ago, advertisers did not have the ability to target (or reach) individual consumers. With increased technology and market data, advertisers …
California-based liability claims management company Carl Warren and Co. has selected Caryn Brenna Siebert as its new president and CEO, replacing retiring president, Roy George. Most recently, Siebert served as vice president and national director of claims operations with Safeco …
Today’s insurance companies enjoy new opportunities to increase margins and hold down rising claims costs by processing claims in a more prompt, effective and satisfactory manner. New technologies are reportedly creating opportunities to improve overall company performance, including better levels …
eAutoclaims, a provider of claims management services, and ADP Claims Services Group, a provider of integrated business solutions for the property and casualty, collision repair and automotive recycling industries, announced an agreement offering insurance carriers a new service to more …
New York Superintendent of Insurance Gregory Serio and Attorney General Eliot Spitzer announced the filing this week of a 100-count indictment charging 11 people and seven corporations for reportedly engaging in a far-reaching scheme to defraud insurance carriers of an …
Two Vancouver, Wash.-area construction companies and a Port Angeles contractor are the first to lose their registration as a result of action taken by the Wash. Department of Labor and Industries (L&I) for failure to pay workers’ compensation premiums. The …
Standard & Poor’s has affirmed its ‘A-‘ counterparty credit and financial strength ratings and negative outlook on Amedex Insurance Co. Standard & Poor’s subsequently withdrew the ratings at the company’s request. The ratings reflected Amedex’s good business position as a …
New Jersey Attorney General Peter Harvey announced that a New Jersey-licensed drug and alcohol rehabilitation and substance abuse counselor who operated a Passaic County counseling center has pleaded guilty to devising a fraudulent billing scheme which cost the Medicaid Program …
Pennsylvania Governor Edward G. Rendell, recently met with student representatives from the state’s eight medical schools and assured them that he shares their concerns about rising medical malpractice insurance costs. The governor reviewed his plan to guarantee that all Pennsylvanians …