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

Canal Insurance Deploys Guidewire Systems

Canal Insurance Company, a provider of commercial trucking insurance, and Guidewire Software, a developer of solutions to property and casualty and workers’ compensation insurers, announced the full deployment of Guidewire ClaimCenter. With the completion of the deployment, which began with …

Ohio Man Nabbed in Workers’ Comp Fraud Case

The Ohio Bureau of Workers’ Compensation (BWC) announced a Vinton County man has been sentenced for a misdemeanor charge of workers’ compensation fraud. Bruce Martin was sentenced to two years probation, ordered to pay $477.60 in restitution and $500 in …

XL Insurance Unit Announces Expanded D&O Policy

XL Insurance (Bermuda) Ltd., a subsidiary of XL Capital Ltd., announced that its Bermuda-based professional lines insurance operation has added fiduciary liability coverage to its directors and officers insurance policy. The expanded policy, known as “A PLUS D&O”, replaces XLIBL’s …

S&P Raises Czech Insurer Ratings To ‘BBB’

Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on Czech insurer Ceska pojistovna a.s. (Ceska) to “BBB” from “BBB-.” S&P also raised its long-term senior unsecured debt rating on …

Ariz. Gov Proposes Ideas for Malpractice Reform

The position of plaintiffs’ lawyers on possible changes to Arizona laws governing medical malpractice lawsuits is partly echoed by Democratic Gov. Janet Napolitano, an attorney on inactive status. Napolitano said this week that capping some damages without including insurance reform …

N.H. Workforce Starting to Show Its Age and Growth in Lower Risk Jobs in Workers’ Comp

Workers’ compensation writers in New Hampshire want an average 2.5 percent hike for voluntary market advisory loss costs and a 12.7 percent average increase in residual market premiums, according to the most recent filing from the National Council on Compensation …

Pa. Department Fines HealthGuard for Pricing Violations

Pennsylvania Deputy Insurance Commissioner Randy Rohrbaugh announced this week that HealthGuard of Lancaster Inc. has signed a consent order and will cease and desist its reported illegal pricing of health insurance policies. The Department imposed a record penalty of $1.6 …

AMA Pleased with Bush Re-election; Looks Forward to Pushing Forward Medical Liability Reform

The American Medical Association (AMA) voiced pleasure in the re-election of President George W. Bush on Wednesday. In a statement, John Nelson, AMA president, remarked: “The American Medical Association today congratulates President George W. Bush on his successful bid for …

Former N.J. Employee at Chiropractic Clinic Sentenced in Insurance Fraud Scheme

New Jersey Attorney General Peter Harvey announced that a former employee of a defunct Collingswood chiropractic clinic has been sentenced to state prison for his reported role in using stolen police reports to illegally solicit patients in order to bolster …

Barnes to Speak at Walls & Ceilings Business Solutions Conference in Myrtle Beach

Bryan Barnes, an attorney with Rogers Townsend & Thomas P.C., will facilitate a session at the Walls & Ceilings Business Solutions Conference, held Nov. 7 – 9 in Myrtle Beach, South Carolina. The Business Solutions Conference is bringing industry experts …