Pennsylvania Insurance Commissioner Diane Koken announced that HealthGuard of Lancaster plans to withdraw its HMO, POS group products and HMO Direct Pay Conversion product from its entire service area, which includes Adams, Berks, Cumberland, Dauphin, Lancaster, Lebanon, Lehigh, Northampton, Perry …
Gov. Bob Wise announced that a federal Major Disaster Declaration for West Virginia has been granted by the President because of recent flooding in the state. “I thank the President for granting this declaration so quickly,” Wise said. “Now we …
AIR Worldwide Corporation (AIR) announced the release of its 2004 U.S. hurricane, earthquake, severe thunderstorm and terrorism models. The updated models reflect the latest scientific and engineering research into these perils, as well as data on recent events, including last …
SumTotal Systems, an industry provider of learning and business performance technology, services and processes, announced that New Zealand’s Accident Compensation Corporation (ACC), which handles approximately 1.5 million personal injury claims a year, has selected SumTotal technology to manage, track and …
Addison, Texas-based Affirmative Insurance Holdings Inc., a provider of personal non-standard automobile insurance, reported that net income for the second quarter of 2004 increased 52.6 percent over the same period in 2003. Additionally, revenues from agency operations increased 20.1 percent …
Alabama-based Vesta Insurance Group Inc. reported net operating earnings from continuing operations of $8.6 million, or $0.24 per diluted share in the second quarter of 2004 compared to a net operating loss from continuing operations of $5.4 million, or $(0.16) …
In another case involving John Beck Insurance Inc., in Jacksonville, the Florida Department of Financial Services has suspended the insurance license of Anna Mack for reportedly aiding and abetting an unlicensed person in the sale of insurance and for selling …
Discussions between insurance industry representatives and the National Association of Insurance Commissioners (NAIC) have led to the elimination of a reportedly burdensome provision that was part of the NAIC’s proposed Public Adjuster Licensing Model Act. During a conference call meeting …
The West Virginia Workers’ Compensation Commission on Monday received more than $52 million in premiums, a new single-day record that exceeds the previous mark by nearly a half-million dollars. Deposits by check or credit cards totaled $52,161,227.17 for the Workers’ …
On the heels of new numbers from the Texas Department of Insurance showing that workers’ compensation insurance carriers are charging higher premiums even though claim costs are decreasing, Lt. Gov. David Dewhurst called upon a committee studying the workers’ compensation …