North Carolina Insurance Commissioner Jim Long announced that Adam Phillip Carrier, formerly of Raleigh but now of Wrightsville Beach, was arrested on five charges of embezzlement by an insurance agent recently. Carrier, 34, was arrested by the Wrightsville Beach Police …
At their recent regularly scheduled monthly luncheon meeting, the Manatee County Independent Insurance Agents Association Inc. (Bradenton, Fla.) had two partners from the Phelps Dunbar, LLP law firm (Tampa office) make a presentation regarding Error & Omissions liability issues. Senior …
Physicians have formed their third medical malpractice insurer under a special Missouri law that allows such firms to open without the typical capital investment. Department of Insurance Director Scott Lakin last week issued an operating license to Missouri Doctors Mutual …
Nearly a year after the Progressive group of insurance companies announced its national rollout of a new type of claims service that reportedly simplifies the vehicle repair process and saves time for customers and others following a crash, the company …
Rising health care costs and growing instability in insurance coverage have made health reform a key issue in this election year, a Commonwealth Fund survey released today shows. Nearly six in 10 Americans (57%) say presidential and congressional candidates’ views …
The state of Montana has settled a lawsuit involving the Gambling Control Division and the companies it had contracted with to deliver a system to connect video gambling machines to a central computer, Gambling Control Division administrator Gene Huntington announced. …
Increased claim filings, awards to unimpaired plaintiffs, bankruptcies and significant reserve additions by insurers are key issues in the mass of litigation surrounding asbestos liabilities, a recent session at the Casualty Actuarial Society’s Seminar on Ratemaking was told. Jennifer Biggs, …
Standard & Poor’s Ratings Services announced that it has revised the rating outlook on Promina Group Ltd. to positive from stable, and affirmed the holding company’s “A-” long-term counterparty credit rating. S&P also indicated that it has affirmed the long-term …
The Independent Insurance Agents of San Antonio announced a continuing education seminar on professional liability to be held on April 15, 2004. Presenters for the seminar will be Joseph H. Schneider and Beth Snyder Simpson from United States Liability Insurance …
The North Carolina Chapter of Doctors for Medical Liability Reform announced that Congressman Richard Burr, currently running for U.S. Senate, has signed their pledge supporting federal legislation that would limit non-economic medical liability awards to $250,000.00 and help keep high-quality …