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

Mo. Woman Sentenced in Medicaid Billing Scheme

A Kansas City, Missouri, woman has been sentenced in Johnson County District Court for her part in a scheme to defraud the Medicaid program, Attorney General Phill Kline announced. Rameshia Spears was sentenced to 12 months in prison on one …

Court Says Texas Providers, Carriers Must Pay IRO Fees in Medical Necessity Disputes

The Texas Workers’ Compensation Commission reported that the Third Court of Appeals in Austin has upheld the constitutionality of TWCC’s rules regarding fees to be paid to Independent Review Organizations (IROs) by health care providers and insurance carriers for medical …

Allstate to Pay $60M in Refunds to Texas Homeowners

Allstate Texas Lloyds, an affiliate of the Allstate Corporation will issue refunds of 8.75 percent of the premium paid by its Texas home insurance customers for policies with effective dates from Sept. 7, 2003, through Sept. 6, 2004. Announcing the …

Foreign Insurers Are Assessing Charley’s Impact

While any accurate figures of the economic cost of Hurricane Charley’s deadly passage through Florida will not be available for some time, it’s becoming clear that, although the storm was a major catastrophe for the insurance industry, it will have …

Insurers Say Charley Not as Devastating as Andrew

Initial reports from insurance companies with claims adjusters on the ground in Florida indicate that damage from Hurricane Charley, while extensive, was less than the state experienced when Hurricane Andrew hit South Florida in 1992. The Property Casualty Insurers Association …

Pa. A.G. Releases $14,000 for Hiring of Firefighters, Promoting Emergency Services

Pennsylvania Attorney General Jerry Pappert announced the release of $14,000 to two non-profit organizations that recruit and train firefighters and promote county, regional and state emergency services. Pappert said the $14,000 will be shared equally by the Pennsylvania Fire Service …

MS/B Appoints Westera to Lead Canadian Operations

Marshall and Swift / Boeckh (MS/B) has appointed Klaas Westera as Business Manager of MS/B’s Canadian operations. In his role at MS/B, Westera will help guide Canadian initiatives and will be responsible for sales and service of property underwriting and …

Crawford Adjusters Take on Charley Remnants

Crawford & Company adjusters have begun wading into the damage following Hurricane Charley, which ripped across Florida on Friday causing billions of dollars in damage. Crawford, which has offices located throughout Florida, began taking in losses on Sunday. Crawford sent …

Best: Majority of Insurers Will Meet Charley Commitments; Industry Not to Be Significantly Weakened

In response to Hurricane Charley, A.M. Best Co. has been gathering public and private information in order to assess the financial impact the hurricane will have on the global property/casualty insurance and reinsurance industry. A.M. Best believes that virtually all …

UICNA Releases Early Charley Numbers

Sarasota, Florida-based Universal Insurance Company of North America (UICNA), a subsidiary of Universal Insurance Group, has released early gross loss projections associated with Hurricane Charley between $4M and $9M. Net losses (net of reinsurance) are estimated at $1M. “As of …