For the past four years, the Virginia Bureau of Insurance has been assisting Virginians whose health benefits or services were denied by their managed care providers. During that time, the bureau reports it has saved consumers more than $2 million …
scarborough, a subsidiary of Aon Corp., announced that it has established a “new business relationship with CNA, one of the nation’s leading business insurers, to offer property and casualty insurance to financial institutions on a national basis.” Scarborough, described as …
At a press conference on Tuesday, four members of the House of Representatives introduced a bill extending the Terrorism Risk Insurance Act (TRIA). Both the American Insurance Association and the National Association of Mutual Insurance Companies praised the bill’s introduction, …
Swiss Re held its semi-annual economic review teleconference yesterday, June 22. The overall view of the company’s economists for the first six months of 2004 was generally positive. Kurt Karl, Chief Economist, Swiss Re Economic Research & Consulting, North America, …
Fitch Ratings announced that it has affirmed the “A” insurer financial strength rating on Exporters Insurance Company Ltd., a Bermuda-based group captive insurer that focuses on trade credit insurance. The outlook remains negative. “The affirmation reflects improved operating results as …
Federal emergency management officials have added 13 Indiana counties to the list of those eligible to receive assistance from the late-May storms and more recent flooding, Gov. Joe Kernan said. This brings the total number of counties to 53 that …
The Ohio Bureau of Workers’ Compensation (BWC) announced a Summit County woman has pled guilty to workers’ compensation fraud. Tammy Bird is scheduled for sentencing on July 6, 2004, in the Summit County Court of Common Pleas. It is estimated …
According to the Property Casualty Insurers Association of America (PCI), a Tennessee Department of Commerce and Insurance proposal requiring written permission from auto policyholders or third-party claimants to use competitive auto replacement parts would make consumers “double losers” by eliminating …
West Virginia’s Workers’ Compensation Commission recently filed injunctions against two state employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County Circuit Court against the following: * Absolute Perfection Hardwood Floors Inc., a Kanawha …
The PMA Insurance Group announced that John Burke has been promoted to vice president, Eastern and Central Region Claims. He is primarily responsible for leading the day-to-day operations for all insurance claims-related activities in the New York, Pennsylvania, New Jersey, …