Guy Carpenter & Company Ltd., Marsh & McLennan’s global risk and reinsurance specialist, announced that it has released its annual, comprehensive review of the Lloyd’s Market – The Lloyd’s Market in 2004. The report was prepared by a team led …
A group of former Reuters executives, who formed Baronet Media Ltd., have announced a new information venture, Vigilo Risk, aimed at providing information on threats “to the smooth flow of freight and travelers around the world.” Vigilo Risk will offer …
AXIS Capital Holdings Limited announced that its European insurance subsidiary, AXIS Specialty Europe Limited (AXIS Europe), has begun underwriting Directors and Officers Liability Insurance and other Professional Lines coverages. AXIS Europe, primarily via its UK branch, AXIS Specialty London, will …
The Barbados-based Everest Re Group, Ltd. reported, as a follow-up to its press release of June 16, 2004 (See IJ Website “West” June 17), that it has now received notice of termination with respect to its contract with American All …
In a unanimous decision, the U.S. Supreme Court ruled on Monday that patients cannot sue their health maintenance organization under state law for refusing to pay for medical treatment recommended under a doctor’s care. The decision ruled that a 1974 …
The Legislature in Albany is scheduled to adjourn today and barring last-minute action will do so without passing a state budget and without addressing a slew of insurance and other key issues. Political observers, newspaper editorialists and even elected leaders …
Both the Independent Insurance Agents & Brokers of America (The Big “I”) and the National Association of Professional Insurance Agents (PIA) commended the House of Representatives’ passage of the Flood Insurance Reform Act (S. 2238). The bill will renew the …
North Carolina Insurance Commissioner Jim Long announced that a cease and desist order—levying two fines worth $390,000—was issued against American Benefits and Insurance Services Inc. of Salt Lake City. According to the order, American Benefits provided workers’ compensation coverage for …
Review Med L.P. of Dallas announced the company is undergoing a national expansion by adding to its sales team and expanding its Dallas headquarters. The company helps reduce worker’s compensation and liability-related medical bills for employers, third-party administrators and insurance …
Insurance services provider Gilsbar Inc., based in Covington, La., has added Janet Niles as vice president of MedCom Care Management Inc., Gilsbar’s medical management subsidiary. According to Gilsbar, Niles is responsible for MedCom Care Management’s current case management and utilization …