Claims management and information firm Mitchell International, Inc. reports it has agreed to acquire the workers compensation medical cost containment and bill review business of Fair Isaac Corp. Mitchell currently supplies the property and casualty claims and auto collision repair …
A federal judge ordered the Michigan High School Athletic Association to pay millions in legal bills, plus interest, after its scheduling system was found to have discriminated against some female student-athletes. U.S. District Judge Richard A. Enslen directed the organization …
Class-action lawsuit king Melvyn Weiss pleaded guilty Wednesday to U.S. racketeering charges in connection with a scheme to pay kickbacks to plaintiffs, apologizing to his former law firm and saying he deeply regretted his conduct. The Bronx-born Weiss, who pioneered …
The New York Insurance Department said only two of the 32 renters it surveyed following last month’s crane collapse in Manhattan had tenants insurance – a trend that underscores the lack of coverage for personal property in high-priced New York. …
In its response to Sir Michael Pitt’s review of flood risk in the UK, Risk Management Solutions stressed the “urgent need for an accurate database of information on flood defenses.” The catastrophe risk management specialist said the “Environment Agency currently …
Half a century after the launch of the notorious morning sickness pill thalidomide, its surviving victims are demanding €4 billion ($6.3 billion) in compensation from the German government and the drug’s maker. A newly formed group, the International Contergan Thalidomide …
Swiss Re announced it has received approval to establish a consulting company in China to provide comprehensive third party administrator (TPA) and related consulting services to hospitals, insurers, policyholders and employers. “Beijing Prestige Health Consulting Services Company Limited (Prestige Health) …
Lloyd’s announced a pre-tax profit of £3.846 billion ($7.622 billion) for 2007, compared to £3.662 billion ($7.26 billion) in 2006. Gross written premiums were down slightly at £16.366 billion ($32.346 billion) from £16.414 billion ($32.454 billion) in 2006. The bulletin …
A proposal to tighten Tennessee’s open-container law could allow state officials to spend more money on infrastructure projects instead of on safety programs. State Transportation Department officials said Tuesday that about $15 million in federal road-building money is currently diverted …