Smart Vent Products, Inc., a manufacturer of passive flood mitigation products, recently assisted in a complete flood vent retrofit of more than 45 homes in Sea Isle City, N.J. The installation of the Foundation Flood Vent System ensured that homes …
IMA, Inc., an independent insurance broker in the U.S. with offices in Dallas, Denver, Kansas City, Topeka and Wichita, announced the hiring of Geoff Baker, claims manager, and Maranda Pike, claims advocate. “We are excited to welcome Geoff and Maranda …
Two recent circuit court decisions affirmed that national flood insurance policies are to be strictly construed and are not subject to the flexible standards applied to private insurance policies. The National Flood Insurance Program (NFIP) was created because the private …
Insurance companies and self-insured participants in Arbitration Forums, Inc. (AF) programs will save $6.6 million in filing fees and other charges over the course of 2012 in an ongoing effort to reduce arbitration system costs for the industry, W. Russ …
PartsChannel, Inc. announced it has acquired Alliance Collision Parts, LLC., a company based in Indianapolis, Ind., that distributes automobile collision replacement parts. Terms of the transaction were not disclosed. “The acquisition complements our presence in the Midwest region, and we …
A payday lending operation that offers quick cash over the Internet to desperate people, and the race-car driver allegedly running it, are under federal scrutiny after more than 7,000 complaints to authorities. The Federal Trade Commission has filed a complaint …
Mitchell, a provider of technology, connectivity and information products to the P&C claims and collision repair industries, announced the acquisition of National Health Quest, Inc. (NHQ), a national negotiated out-of-network payment services provider. The acquisition expands Mitchell’s injury claims medical …
Express Scripts, Inc. has established a comprehensive fraud, waste and abuse (FWA) detection program for workers’ compensation payers, which can help stem the rising costs associated with the widespread abuse of prescription narcotics. The new Express Scripts program offers a …
Arbitration Forums, Inc. (AF), the nation’s largest provider of inter-insurance dispute resolution services, resolved nearly 520,000 claims disputes valued at more than $2.4 billion in 2011, a new record, said W. Russ Smith, president and chief executive officer of AF, …
Addressing tree damage and landscape losses is not an easy task for adjusters since current estimating software doesn’t provide adequate information, options, or scenarios to cover the complexity of removing a tree or shrub, according to Douglas Malawsky, executive vice …