February 13, 2004
Two Florida men are facing workers’ compensation fraud charges after insurance fraud investigators with the Department of Financial Services conducted investigations of numerous construction sites in and around Okeechobee on Monday. Investigators with the Division of Insurance Fraud, Bureau of …
February 13, 2004
Chicago-based private equity investment firm Frontenac Co. LLC announced that it has acquired a majority interest in WNC Insurance Services, based in South Pasadena, Calif. WNC, a managing general underwriter (MGU), is a leading provider of both lender-placed and voluntary …
February 13, 2004
Heidi Mack has been named senior executive of special risk in commercial and specialty lines for Ohio-based Westfield Insurance. Her responsibilities include overall management of the special risk department including workers’ compensation. In addition, she will lead the execution of …
February 12, 2004
A $500 reward has been handed over to a man who called the Texas State Fire Marshal’s Office Arson Hotline to report a case of arson. According to the Insurance Council of Texas, the phone call led to the arrest …
February 12, 2004
Elliott Flood, vice president of special investigations for Texas Mutual Insurance Company, addressed the Texas Committee on Insurance Fraud (TCIF) recently. Flood discussed workers’ compensation fraud, one of several types of insurance fraud covered at the meeting. “Of course, we …
February 12, 2004
Houston-based Legal Access Plans LLC (Legal Access), a legal plan provider for the benefits industry, announced it has joined Consolidated Billing Company’s (CBC) network of “best-in-class” carriers for voluntary benefit plans. CBC is a national third party administrator specializing in …
February 12, 2004
Halliburton announced that the Honorable Judith K. Fitzgerald issued a ruling holding that insurers lack standing to bring motions seeking to dismiss the prepackaged reorganization cases filed by DII Industries, Kellogg Brown & Root (KBR) and various other subsidiaries of …
February 12, 2004
The Insurance Brokers’ Association of the State of New York announced that it will hold its annual spring reception on Thursday, April 15, 2004 between 5:30 and 7:30 p.m. at Bridgewaters at South Street Seaport, 11 Fulton St., New York, …
February 12, 2004
The Property Casualty Insurers Association of America noted that members of the Pennsylvania Senate’s Judiciary Committee passed two bills on Tuesday that will allow the full Senate to debate reforms to the state’s medical liability system. The PCI called the …
February 12, 2004
Philadelphia-based PMA Capital announced a net fourth quarter loss of $20 million, or 64 cents per share, compared with a net loss of $10.4 million, or 33 cents per share, for the fourth quarter of 2002. The Company also announced …