As they head into tax season, accountants are being reminded that well over half of claims against accountants come from client tax work. Findings from a claims study conducted by CAMICO Mutual Insurance Company, which specializes in professional liability coverage …
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 …
If you’re hosting friends and family this holiday season, it might pay to check your insurance first, according to the Illinois Department of Insurance. Better to know in advance what is covered and what isn’t when hosting that Christmas dinner …
Guy Carpenter & Company Ltd. reported the release of a new report, A Year in Review – 2005 Update: Issues and Trends Affecting the Liability Market in England and Wales. The in-depth review is conducted annually to help put key …
Policyholders with a covered claim against insolvent Reciprocal of America can expect a partial payment soon. The Virginia State Corporation Commission is authorizing the deputy receiver of the liquidated reciprocal insurer to make a 17 percent distribution to policyholder-level claimants. …
Specialty Risk Services LLC, a third-party property-casualty third administrator for workers’ compensation and general liability claims, has appointed Timothy Barry to director of Special Investigative Unit and Fraud Management. Insurance fraud is estimated to be an $80 billion business that …
A comprehensive analysis of the financial performance of the medical liability insurance industry by two of the nation’s academic experts in the field reportedly found no evidence that medical liability insurance is overpriced, or that insurance companies are to blame …
ISO has released guidelines to insurance companies reporting Hurricane Katrina claims to the ISO ClaimSearch system in response to inquiries from claims departments wanting to know the best way to report and what information is important. With hundreds of thousands …
Ohio Department of Insurance Director Ann Womer Benjamin recently announced the launch of a web-based medical liability data collection application that enables insurers and those who pay medical liability claims on behalf of health care providers to securely report to …
Nine Oregonians have been appointed to serve on a state task force that will study the relationship between construction liability claims and construction industry practices, construction defects, consumer protection, and state-mandated liability insurance requirements for contractors. The nine members are: …