The Medical Society of New Jersey is seeking court action to prevent an insurance company from recouping $15 million in alleged overpayments to doctors. The society is seeking an injunction against Horizon Blue Cross/Blue Shield, which claims that over two …
EnPro Industries on Tuesday announced that it has reached an agreement to settle the current and future asbestos-related insurance claims of EnPro subsidiaries against the vast majority of its solvent London-market companies. As a result of the agreement, the London …
ABD Insurance and Financial Services, hired Tony Casabat as senior vice president/sales executive for the company’s Employee Benefits practice. Casabat, a longtime lead sales and client management employee benefits broker and consultant, has worked with numerous companies in a broad …
First Premium Insurance Group Inc. has announced the immediate availability of a Basic Renters program written by an “A” rated carrier on an admitted basis. This Basic Renters program will reportedly simplify the application process for agents. The non-underwritten policies …
Louis J. Zem Longtime industry fellow, Louis J. Zem, 80, passed away on Aug. 15, 2004, in Fort Myers, Fla., where he resided after retirement. Zem was a well-known property casualty insurance broker in Los Angeles for many years. He …
The insurance industry, entrenched in controversy and hampered by a disjointed regulatory system, needs serious reforms in order to remain an effective risk-transfer mechanism for the U.S. economy, according to Ernie Csiszar, president and CEO of the Property Casualty Insurers …
Fireman’s Fund Insurance Company (FFIC) of Novato, Calif. today announced more than $1 million in funding and donations for firefighting equipment, fire prevention tools, firefighter training and community fire safety education throughout the San Francisco Bay Area. The Bay Area …
Morristown, Tenn. authorities have announced a plan to use “bait-cars” to catch car thieves red-handed and to reduce the local car theft rate – insurance companies, noting such programs have cut the theft rate by as much as 25 percent, …
Since July 2003 California Insurance Commissioner John Garamendi has reduced the state’s pure premium advisory rate by 22.6%. This includes his most recent recommendation of Nov. 17, when he lowered the rate by 2.2%. This was a significant reduction from …
Georgia Insurance Commissioner John Oxendine and Anthem Inc. have reached an agreement in which Anthem will pledge $126 million to improve rural health care for the poor in Georgia – in return, Oxendine agreed to re-approve the acquisition of California-based …
