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

Maryland Commissioner Seizes Carroll County Mutual

The Circuit Court For Baltimore City, Maryland, at the request of Maryland Insurance Commissioner Alfred W. Redmer, Jr., and with the consent of the company’s board of directors, has entered an order to rehabilitate The Mutual Fire Insurance Company of …

Mo. ‘Pool’ Businesses to Reportedly Save $3 Million from 3.7 Percent Workers’ Comp Rate Cut

Missouri “pool” businesses should reportedly save $3 million from 3.7 percent workers’ compensation rate cut The private insurer running Missouri’s workers’ “pool” for high-risk businesses has filed an average rate cut of 3.7 percent, effective for policies issued after June …

American Community Notes Strong Year-End Numbers; Reports 12th Straight Profitable Quarter

Michigan-based American Community Mutual Insurance Company, a provider of individual and group health insurance, reported strong operating results through 2003, ending the year with direct written premiums of $363.4 million. Policyholders’ surplus rose to $84.2 million – a 31 percent …

Greenberg Traurig Hosts Perchlorate Contamination Liability Seminar in Santa Monica

The international law firm of Greenberg Traurig LLP will host a seminar titled “Perchlorate Contamination Liability” on Friday, May 7, at 12:30 p.m. at its Santa Monica, California office, 2450 Colorado Avenue, Suite 400 East. A team of nationally recognized …

UNG Appoints Singleton to Board

United National Group Ltd. announced the appointment of Professor Kenneth Singleton to its Board of Directors, increasing the number of board members from nine to 10. Singleton, the C.O.G. Miller Distinguished Professor of Finance at the Graduate School of Business, …

Texas AG Joins with Advocates to Protect Crime Victims Compensation Fund

Texas Attorney General Greg Abbott on Monday issued an urgent call to protect the Crime Victims Compensation Fund, warning that continued spending at current levels could render the fund insolvent by 2007. Abbott was joined by leading crime victims advocates …

Fla. CFO Warns About Single-Employer Trusts

Florida’s Chief Financial Officer Tom Gallagher is alerting employers to use caution when considering setting up a health benefit plan through a Single Employer Trust (SET) document that requires sending financial contributions to an out-of-state bank account. Florida consumers have …

Ill. AG Warns of Fraud Targeting Uninsured

Following reported complaints from Illinois consumers, Attorney General Lisa Madigan announced her office is reviewing allegations that some discount health care plans are targeting uninsured Illinoisans by aggressively advertising plans that at best don’t include all the services promoted and …

Mass. Man Arraigned on Charges of Forging Insurance Documents for $5,500 in Benefits

A Leominster, Massachusetts man has been arraigned on charges he allegedly forged insurance documents in an effort to receive $5,500 for a personal injury, Attorney General Tom Reilly announced. Keith DeBarge, 38, of Leominster was arraigned in Worcester District Court …

Texas-Based Counselor Finds N.J. Not too Hospitable; Set to Spend 7 Years in Jail

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 been sentenced to seven years in state prison for reportedly bilking the Medicaid …