Wilmington, DE – March 2008 – The Target Markets Program Administrators Association announced today that the Association’s Strategic Partner Benfield Inc. will be collecting data from TMPAA Program Administrator/MGA’s and Carriers during a panel presentation, “Strategies for Surviving the Soft …
Melvyn Weiss, the long-reigning king of multibillion-dollar U.S. class action litigation, has agreed to plead guilty to a federal racketeering charge in a case accusing his firm of paying secret kickbacks to plaintiffs, his lawyer said Thursday. The Bronx-born Weiss, …
Standard & Poor’s Ratings Services has revised its outlook on its ‘A-‘ financial strength and long-term counterparty ratings on ACE Insurance to positive from stable. S&P also affirmed the ratings. “The revised outlook reflects continued growth in direct premiums written …
A.M. Best Co. has placed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Chicago’s Celtic Insurance Company under review with negative implications. The action follows the announcement that St. Louis-based Centene Corporation …
The National Association of Insurance Commissioners released an updated version of the 2007 market share premium data for the top 25 insurers of select property/casualty lines of business. The report includes countrywide direct written premium for the top 25 groups …
Today’s claims environment extensively differs from that of past years. And the decision makers in claims today differ from those of prior eras. We gather information, process it and analyze it in ways unimaginable in past years. How claims are …
Authorities have arrested six men and four women at a Panda Express restaurant on the north side of Tucson, Ariz. in connection with an identity theft investigation. The arrests were part of a three month investigation, according to a news …
A health scare linked to unsafe practices at surgical centers across Nevada is prompting some lawmakers to press for a review concerning a voter-imposed cap on medical malpractice punitive damage awards. While most support the caps — which limit awards …
Warmer-than-normal weather conditions will persist through June in the southwestern, southern and southeastern United States, government forecasters said on Thursday. The National Oceanic and Atmospheric Administration also predicted in its spring forecast that most of the country will have an …
A Tehama County jury awarded nearly $90,000 to a 72-year-old Cottonwood man who was roughed up by three California Highway Patrol officers. The jurors ruled that the officers used excessive force while they were looking for a stolen motorcycle at …