After a two-day trial, an Indian River County. Fla. jury found a former county employee not guilty this week on charges of workers’ compensation fraud, perjury in an official proceeding and third-degree grand theft. Ernest Rider, 69, of Falls Creek, …
Six bills strengthening the fight against insurance fraud were filed in the Texas House of Representatives. The legislation includes everything from reporting fraud to enhancing penalties for insurance fraud where someone has been killed or injured. The legislation was filed …
The number of small managed care organizations will likely diminish slowly over the next several years as consolidation continues, according to a new study by Conning Research & Consulting Inc. “The small insurer segment currently controls less than 10% of …
The United States Court of Appeals for the Sixth Circuit in Kentucky has ruled that the exclusivity provision of the Kentucky Workers’ Compensation Act precludes employees’ claims for exposure to radioactive substances. According to WorkCompNew, in Rainer v. Union Carbide …
More than 100 consumers spent five-and-a-half hours March 12 voicing their concerns about unpaid insurance claims in the aftermath of Hurricane Charley at a town hall meeting in Punta Gorda, Fla. attended by Chief Financial Officer Tom Gallagher and his …
New computer models show higher chances of hurricane strikes to Florida, and a 3.9 percent increase in predicted losses. In parts of the state, particularly Escambia County, the program boosts predicted losses as much as 25 percent. If approved by …
A Florida homeowner has filed a lawsuit against Allstate Insurance to collect $10,000, accusing the company of failing to pay for mold damage after Hurricane Charley. The lawsuit brought by homeowner Luann Guy of Cape Coral, Fla. alleges that Allstate …
A one-time infusion of $400,000 to permit the South Carolina Attorney General’s Office to hire six new prosecutors to fight insurance fraud has been approved by the Senate Finance Subcommittee to aid in the fight against insurance fraud. At present, …
In an editorial set for publication in the April edition of PCI’s Executive Update, U.S. House of Representatives Majority Leader Tom Delay (R-Texas) outlined his vision for the future of the Terrorism Risk Insurance Act (TRIA) and his desire for …
U.K. insurer Hiscox plc reported a drop in profits for 2004 of around 8 percent, posting a net figure of £77 million ($148.1 million), compared to £83.4 million ($160.5 million) in 2003, as losses from the Florida hurricanes cost the …