The U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) has cited Tortilleria Atofonilco Inc., Chicago, following its investigation into a formal complaint about a worker who suffered an amputation injury on May 1, 2004. “Strong enforcement is a key …
Between Atlantic hurricanes and Pacific typhoons, the 2004 storm season has already generated record catastrophe (CAT) losses which will reportedly encourage many insurers to rethink their CAT reinsurance coverage. The U.S. quartet of hurricanes – Charley, Frances, Ivan and Jeanne …
At a meeting of Florida’s governor and Cabinet on Tuesday, state Chief Financial Officer Tom Gallagher recommended extending the current moratorium on insurance non-renewals or cancellations for hurricane victims whose homes have yet to be repaired. “Homeowners who lose their …
Anthem Inc. and WellPoint Health Networks Inc. announced that John Garamendi, commissioner of the California Department of Insurance (CDI), has granted his approval for their pending merger. In July of this year, the companies received approval from California’s Department of …
When Ohio’s Bureau of Workers’ Compensation (BWC) launched the Internet-based Dolphin Project four years ago, its potential for acceptance was reportedly debatable. After all, this tool was a first for workers’ compensation not only in Ohio, but also across the …
Texas-based Vignette Corp. announced that Amerisafe Inc., which provides workers’ compensation insurance for low-frequency, high-severity accounts, selected Vignette IDM to digitize its current paper-based systems, automate business processes and lay the foundation for future growth. Within a single secure, standards-based …
Tennessee-based Merastar Insurance Company, a specialist in employer-sponsored personal automobile and homeowners’ insurance, and Guidewire Software, a provider of solutions to property and casualty and workers’ compensation insurers, announced that Merastar has selected Guidewire ClaimCenter as its new claims system. …
ProcessClaims, a provider of software connectivity and business process solutions for the P/C claims industry, announced the renewal of its relationship with AIG Domestic Personal Lines Claims. “As we’ve seen with other clients of ours, the solution we originally implemented …
Vesta Insurance Group, Inc. (NYSE:VTA) announced it is delaying its earnings release and previously scheduled conference call until Nov. 16. The Birmingham, Ala.-based company will file a SEC Form 12b-25 to delay the filing of its Form 10-Q until Nov. …
A day after Muenchener Rueckversicherungs-Gesellschaft (Munich Re) reported good third quarter and nine-month earnings (See IJ Web site Nov. 9), A.M. Best Co. announced that it has affirmed its “A+” (Superior) financial strength rating on the company and its core …