March 23, 2005
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 …
March 23, 2005
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. …
March 23, 2005
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 …
March 23, 2005
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 …
March 23, 2005
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. …
March 23, 2005
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 …
March 23, 2005
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 …
March 23, 2005
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 …
March 23, 2005
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 …
March 23, 2005
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 …