Monthly Archives: <span>March 2005</span>

Best Affirms FSR for Bank of Montreal Insurance – Barbados – Ltd.; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Bank of Montreal Insurance (Barbados) Limited (St. Michael, Barbados). All ratings have a stable outlook. These ratings reflect Bank of …

Fla. Pair Arrested in Medicaid Fraud Operation

Florida Attorney General Charlie Crist announced the arrests of two Tampa Bay residents who reportedly engaged in an organized scheme to defraud Florida’s Medicaid program by billing for services not provided. Valencia T. DeSheers of St. Petersburg and Latraia D. …

GAB Robins North America Notes 120th Anniversary

In 2005, GAB Robins North America is celebrating 120 years of providing customers with quality claims services. “2005 is a landmark year for GAB Robins North America,” said Jun Tsusaka, chairman, GAB Robins Group of Companies. “Very few companies have …

Pair of Ohio Counties Added for Public Assistance

Two additional Ohio counties have been added to the disaster declaration for public assistance for aid to local governments affected by the severe winter storms and flooding that began Dec. 22, federal officials announced. The additional assistance was approved following …

Ketch to Head Crawford & Company’s CMS Sales Force

Crawford & Company announced that John Ketch has been named national sales manager for Claims Management Services. Ketch, who began his career with Crawford in 1995 as a multi-line adjuster, most recently served as the manager of the Richmond, Va. …

CIGA Chooses Guidewire ClaimCenter

The California Insurance Guarantee Association (CIGA) and Guidewire Software, a provider of solutions to property and casualty and workers’ compensation insurers, announced that CIGA has selected Guidewire ClaimCenter as its new claims system. ClaimCenter will support the end-to-end claim handling …

Mass. LLJUA Names Marchant VP of Claims

The Liquor Liability Joint Underwriting Association of Massachusetts in Westboro, Mass. has named Dana C. Marchant of Hopkinton to the position of vice president of claims. Marchant previously served as director of field services at Renaissance Alliance Insurance Services in …

Malpractice Payouts in Pennsylvania Rose in 2004

Insurance companies and other underwriters in Pennsylvania reported a steep jump last year in payments for malpractice claims against physicians, according to a federal agency. In 2004, insurers reported paying out $448 million, a 13.5 percent jump from $394.5 million …

Research and Markets Offers Catastrophe Risk and Reinsurance Analysis

Dublin-based Research and Markets has announced the addition of Catastrophe Risk and Reinsurance: A Country Risk Management Perspective to their offering. See: http://www.researchandmarkets.com/reports/c14308. The report includes “the latest invaluable insights into catastrophe reinsurance, Catastrophe Risk and Reinsurance provides a wealth …

Best Assigns ‘A’ Ratings to Catlin Insurance (U.K.)

A.M. Best Co. announced that it has assigned a financial strength rating of “A” (Excellent) and an issuer credit rating of “a” to Catlin Insurance Company (UK) Ltd. with a stable outlook. “The ratings reflect the company’s adequate prospective risk-adjusted …