Monthly Archives: <span>December 2005</span>

The Industry Goes to School: Universities that Offer Insurance Degrees

Twenty years ago, it was nearly impossible to find colleges and universities offering degrees in insurance. Now there are many programs across the nation that offer bachelor’s degrees, concentrations, certifications, and even graduate degrees in insurance. Children of agents and …

A House Divided: Independent Counsel After Frank’s Casing

If a house is divided against itself, that house will not be able to stand.” “No man can serve two masters.” These two maxims underlie a central tenet of the attorney/client relationship: The client is the master and the attorney …

Be Merry and Safe

Texas and Louisiana landed fairly near the top of a recently released list of the 15 deadliest states/U.S. territories when it comes to impaired driving. And, the two states are among the 13 that have the dubious distinction of making …

Six Indicted for False Katrina Claims

Six Mississippi residents have been indicted by a federal grand jury on charges of making false claims to the Federal Emergency Management Agency in an effort to obtain relief funds from Hurricane Katrina. The Gulfport Sun Herald reported that Judith …

Fraud Case Records Found in Longwood

A trash bin in Longwood, Fla. near Orlando has revealed boxes of medical records with photographs, names, Social Security numbers and personal information about chiropractic patients in Lawrence, Mass. treated by Prestige Pain Management and Physical Therapy. The discarded records …

‘Fraud Fighters’ Pay $16,000 in Rewards

Five individuals who reported fraud perpetrators have received $16,000 in cash rewards from the Florida Financial Services Department after the recipients, including a child, provided information that led fraud detectives to thwart more than $1 million in fraudulent insurance claims. …

Ring Members Diverted AIDS Drugs

Florida Attorney General Charlie Crist and U.S. Attorney Alexander Acosta announced four individuals, including two Miami physicians, have been arrested for allegedly participating in an organization that illegally diverted millions of dollars worth of highly valued AIDS drugs from Medicaid …

COMPANION PROPERTY STOPS NEW WORKERS’ COMP POLICIES

The Companion Property and Casualty Insurance Group will stop issuing new workers’ compensation policies in South Carolina and won’t renew certain other accounts starting in January. Companion, a Columbia-based subsidiary of BlueCross Blue Shield of South Carolina, said that a …

Jan. 1 Auto Rate Hike

Thousands of drivers in Mississippi will see their auto insurance rates increase dramatically after Jan. 1, when the minimum required coverage will double, increasing costs, even for those who have less than the minimum coverage. Liability insurance coverage required to …

BILLING GRACE PERIOD ENDS IN ALL BUT THREE COUNTIES

Some south Mississippians are returning to regular payment schedules to companies that offered billing grace periods to allow for hurricane recovery. In response to a request from Insurance Commissioner George Dale, insurers suspended bank drafts, automatic electronic deductions from checking …