Mediation meetings began Monday in Punta Gorda, Orlando, Jupiter and Pensacola to provide Floridians with a process to quickly and fairly settle disputes with insurance companies, at no cost to them. To date, more than 1,000 homeowners have requested mediation. …
Mutual Risk Management Ltd. (MRM) announced on Monday that the federal judge presiding over its multi-million dollar claim for tortious interference against John Hancock Life Insurance Company (Hancock) has denied Hancock’s motion to have the case dismissed and set the …
A public hearing on Marsh & McLennan Companies Inc. that was scheduled by the New York Department of insurance for Tuesday, Nov. 23, 2004 has been adjourned to Tuesday, Jan. 18, 2005. The hearing was moved due to the ongoing …
A Multicounty Grand Jury indictment unsealed late last week names former Oklahoma Insurance Department employee Opal Ellis on four counts of making a false, fictitious or fraudulent claim, Attorney General Drew Edmondson said. Ellis, the former special assistant to former …
The state ethics commission has launched an investigation into the lobbying activities of Katherine Keene, the former president of the SAIF Corp. At issue is whether Keene, who resigned in 2003, failed to register as a lobbyist and report lobbying …
American farmers and independent insurance agents selling crop insurance reportedly scored an important victory late Friday, when the Federal Crop Insurance Corp. (FCIC) Board put the brakes on the proliferation of Premium Reduction Plans (PRPs) pending further review. The FCIC …
The Ohio Bureau of Workers’ Compensation (BWC) announced recently paid medical costs for workers’ compensation claims were 6.7 percent, about $15 million, lower than expected for the first quarter of fiscal year 2005. From July 1, 2004, through Sept. 30, …
ACNB Corporation, a bank holding corporation based in Gettysburg, Pa., has agred to acquire the Russell Insurance Group, Inc., a full-service insurance agency in Maryland. Based in Westminster, Md, with a satellite office in Timonium, Md, Russell Insurance Group has …
Shibu Joykutty has been named director of internal audit at property/casualty insurer Westfield Group, assuming responsibility for the short- and long-range development, planning and implementation of a comprehensive, independent, internal audit function. Joykutty held various internal audit positions before joining …
The board of directors of North Dakota’s monopoly workers’ compensation provider, Workforce Safety and Insurance, voted to adopt a 5 percent discount in calculating the WSI reserve fund. The board also recommended that $250 million be held for unexpected developments …
