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

Best Notes Zurich 1st Half Results

A.M. Best Co. has commented that all ratings of the Swiss-based Zurich Financial Services Group (ZFS) “remain unchanged following the announcement of the 2005 half-year results,” (See IJ Website Aug. 19). Best said the earnings were In line with its …

MCMC Purchases Injury Management Resources

MCMC LLC announced the completion of an asset purchase of the business of Injury Management Resources Inc. (IMR). The acquired business is a regional provider of integrated managed care services including utilization review, case management, bill review, hospital bill audit, …

TDI Notes July Enforcement Actions Taken by Geeslin

The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during July. The actions include seven license revocations, one license denials and fines and restitution totaling $335,375. Copies of Geeslin’s orders may be obtained …

Fla. Officials Park Auto Fraud Ring

Florida’s Chief Financial Officer Tom Gallagher on Thursday announced the arrests of 10 people in a staged accident ring that involved 15 different medical clinics fraudulently billing auto insurers more than a million dollars for non-existent injuries. Those arrested are …

FEMA Publishes New Flood Risk Maps for Texas County

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) recently presented draft flood risk maps to communities in Columbia County, Texas. The maps identify known flood risks and are used for insurance and development decisions. A 90-day appeal …

Boston Area Chiropractors Nabbed in Fraud Case

Owners and employees of First Spine and Rehab, a Lowell, Massachusetts chiropractic clinic, have been named as defendants in a $1.8 million fraud lawsuit – the result of a six-month investigation led by Encompass Insurance Company of Massachusetts. According to …

FEMA Offering Disaster Assistance Help System

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has developed an online Individual Assistance Center (IAC) to allow those who have registered for disaster assistance to look at their cases on the internet. The IAC is available …

Engle Martin & Associates Opens Vegas, K.C. Offices

Engle Martin & Associates Inc., an independent loss adjustment firm, will expand its Western and Midwestern presence with the opening of two new offices in Las Vegas and Kansas City. Officially located at 1489 W Warm Springs Rd., Ste 110, …

Fireman’s Fund Offering Crisis Management Coverage for the Hotel Industry

Fireman’s Fund Insurance Company has introduced a new crisis management coverage that pays for professional public relations counsel to help businesses overcome disaster and preserve their reputation as well as for expenses required to get back to normal operations as …

Victims with Flood Insurance May be Eligible for Up to $30,000 Additional Aid

For some flooding victims of Hurricane Dennis, up to $30,000 may be available to help pay for bringing their homes and businesses into compliance with floodplain ordinances. That money, which is available to policyholders through the National Flood Insurance Program, …