The Bermuda-based PXRE Group Ltd. announced that it expects to incur a net loss arising from Hurricane Charley of $13 to $18 million, after tax and reinstatement premiums. President and CEO Jeffrey L. Radke commented: “This preliminary estimate is based …
The Chubb Corporation announced that its losses from Hurricane Charley are estimated to be $35 to $40 million pre-tax. John D. Finnegan, Chairman, President and CEO also announced that Chubb would contribute $500,000 to the Volunteer Florida Foundation Hurricane Charley …
Vermont Attorney General William Sorrell announced that William J. Crayford, 45, of Whitingham, was sentenced in Vermont District Court for Windham County on a charge of Medicaid Fraud stemming from his former employment as executive director of Families First, an …
The MIIX Group Inc. announced that the New Jersey Department of Banking and Insurance (“Department”) has filed an application for an Order to Show Cause seeking to place one of its insurance subsidiaries, MIIX Insurance Company (“MIIX Insurance”), in rehabilitation. …
The California Insurance Council for City of Hope will honor business and civic leader Max Williamson, president and chief operating officer of Scottsdale Insurance, with The Spirit of Life Award for his exceptional achievements as a business leader, philanthropist and …
The companies of the Foremost Insurance Group are extending all payment deadlines for customers in 25 Florida counties affected by Hurricane Charley. Customers located in the following counties will have payment deadlines extended: Brevard, Charlotte, Collier, DeSoto, Dixie, Duval, Glades, …
The Texas Hospital Association (THA) reported that nearly a year after the passage of sweeping medical liability reform, Texas hospitals are seeing a significant drop in their liability costs and using the savings to reinvest in their communities. According to …
The International Association of Industrial Accident Boards and Commissions concluded its Annual Convention in New York City, earlier this month, with reported excellent progress on the three mechanisms for sending and receiving electronic data on proof of coverage, claims reports, …
The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has authorized the use of federal funds to help Oregon fight the Bland Mountain Fire, burning southeast of Roseburg in Douglas County and threatening the towns of Milo and …
California-based Schifrin, Gagnon & Dickey Inc. announced that Steve Tilghman has joined the senior management team. Tilghman brings more than 33 years of adjusting, claims consulting and management experience in the property claims field. Tilghman gained his experience through his …