A.M. Best Co. announced that it has downgraded the financial strength rating to “D” (Poor) from “C+” (Marginal) of Doctors Benefit Insurance Company Ltd., which is located in St. Michaels, Barbados. The rating outlook is stable. “This rating action reflects …
Jeanne, once a rather weak tropical storm, roared ashore on Florida’s Eastern Coast early Sunday morning with the full fury of a massive Category 3 hurricane. While scenes of devastation played across TV screens across the world, the state’s residents, …
Flood victims in disaster-declared cities and counties reportedly do not need to be concerned that disasters in other states will mean a reduction in funds available for Virginia. Their eligibility for assistance will be determined once they have applied and …
Carroll Fisher With legal questions floating over him, Oklahoma Insurance Commissioner Carroll Fisher resigned from office on Friday. The follow are comments from Gov. Brad Henry on the resignation. “At approximately 10:15 Friday morning, Carroll Fisher’s legal counsel delivered a …
According to a joint federal and state survey, Florida workplaces had seven fewer fatal accidents in 2003 than the previous year, including a decrease in the number of Hispanic workers killed. The Census of Fatal Occupational Injuries (CFOI), conducted annually …
Maryland Attorney General J. Joseph Curran, Jr. announced that Woody Dorcely, 33, of Gaithersburg, Md., was convicted after a trial on Sept. 21, 2004, of four counts of practicing chiropractic without a license and two counts of misrepresenting to the …
The King County (Washington) Prosecutor’s Office recently filed rape and indecent liberties charges against Dr. Charles Momah, a local obstetrician/gynecologist who is accused of sexually assaulting four of his patients last year. Momah is also charged with insurance fraud for …
Nebraska Gov. Mike Johanns and fellow western governors are urging Congress to provide emergency drought relief and adopt the National Drought Preparedness Act to ensure a proactive federal approach to drought issues in the future. “The emergency drought relief would …
Georgia Insurance and Safety Fire Commissioner John Oxendine has dispatched representatives from his Consumer Services Division to storm-damaged areas around the state to help victims of Hurricane Ivan with any insurance questions they may have. “Hurricane Ivan, which struck Georgia …
North Carolina Insurance Commissioner Jim Long has advised the Federal Reserve Bank of Richmond, Va., of the potential for up to $700 million in auto rate refund checks being distributed to North Carolinians in the coming months. Long said he …