A Travis County, Texas, grand jury has indicted MedAlert Healthcare Systems Inc. and its president, Joseph Osei, on workers’ compensation fraud-related charges, according to Texas Mutual Insurance Company. MedAlert provides billing and collection services for medical providers. The indictments allege …
The Texas Department of Insurance, Division of Workers’ Compensation has determined that effective Jan. 1, 2006, any interest or discount provided for in the Texas Workers’ Compensation Act will be at the rate of 7.82 percent. This rate is computed …
J.D. Powers and Associates has ranked Erie Insurance highest in customer satisfaction with the collision repair process for a second year in a row. Maintaining a comprehensive and consistent dialog with the consumer throughout the claims process is critical for …
In a recent case involving millions in potential damages, the Supreme Court of the State of New York (County of Nassau) ruled that an employee who was involved in routine maintenance was not entitled to certain protections under New York’s …
York Insurance Services Group, Inc., a privately owned property and casualty insurance services firm based in Parsippany, N.J., is being acquired by Odyssey Investment Partners LLC in partnership with Thomas C. MacArthur, who is current chief executive officer of York, …
Fidelity National Financial Inc. has signed definitive agreements to acquire Sedgwick CMS Holdings Inc., an industry provider of outsourced insurance claims management services to large corporate and public sector entities. With expected 2005 revenue of nearly $400 million, Sedgwick CMS …
New York-based Advisen Ltd. has released an estimate that worldwide insurance and reinsurance losses related to the three major hurricanes that hit the United States this year would amount to $57.6 billion, making the cumulative catastrophe losses the largest on …
Oklahoma Senate Republican Leader Glenn Coffee, R-Oklahoma City, is calling for lawsuit and tax reform, as well as more workers’ compensation reform, to help jumpstart economic growth in the state. Coffee noted that Oklahoma’s population grew at a paltry 0.7 …
An Oklahoma judge recently denied a motion to move the trial of former state Insurance Commissioner Carroll Fisher out of Oklahoma City. Fisher’s attorney, Robert L. Wyatt IV, had argued in court filings that the trial should be moved to …
Louisiana residents whose Hurricane Katrina or Hurricane Rita insurance claims are in dispute will soon be offered a possible solution at no cost to them, according to the Louisiana Department of Insurance. Commissioner of Insurance Robert Wooley has established a …