Monthly Archives: <span>March 2006</span>

BrightClaim Acquires ServiceLane, Forms BrightServ Entity

Atlanta based BrightClaim Inc., a leading provider of integrated claims solutions, has acquired Dallas-based ServiceLane, a firm focused on providing large service organizations with business process outsourcing and technology facilitation. The firm provides integrated claims solutions, including networks of credentialed …

Mich. Restoration Co. Participates in ABC-TV’s Extreme Home Makeover

Disaster Kleenup International, Inc., damage restoration contractors, today announced that Statewide Disaster Restoration, a DKI member company located in Southfield, Mich. was recently asked by ABC-TV’s Extreme Makeover: Home Edition television show to assist on a special series of episodes. …

Insurers Report Progress on Asbestos Liabilities Funding, Says A.M. Best

During 2004, U.S. property/casualty insurers narrowed the funding gap in their asbestos and environmental loss reserves, principally for asbestos liabilities, as a result of 2004’s pretax charge of nearly $6 billion, according to a special report published by A.M. Best …

A.M. Best Upgrades, Affirms Ratings of United America Indemnity Units

United America Indemnity, Ltd. reported that A.M. Best Company upgraded or affirmed its financial-strength rating for fourof its subsidiaries. Penn-America Group, Inc. was upgraded to A (Excellent); United National Group and Wind River Insurance Company (Barbados) Ltd. had their ratings …

Court Orders Insurer to Review Denial of Ark. Woman’s Benefits

A life insurance company should not have discontinued disability benefits for an Arkansas woman suffering from several ailments related to a 1995 car crash, a federal appeals court panel has ruled. The 8th U.S. Circuit Court of Appeals upheld U.S. …

Lafayette Cardiologist Accused of Health Care Fraud

A Lafayette, La., cardiologist has been indicted on 94 counts of health care fraud for allegedly performing unnecessary procedures on patients then billing their health insurance providers, U.S. Attorney Donald Washington said. The indictment against Dr. Mehmood Patel, 60, has …

Argonaut’s Great Central Introduces New Businessowners Product

Great Central Insurance, a member of the Select Markets segment of San Antonio-based Argonaut Group Inc., announced an addition of a businessowners product to its portfolio of insurance products and services. Great Central offers its new, specialized business owners package, …

Okla. AG, AARP Warn of Jury Duty Identity Theft Scam

Oklahoma Attorney General Drew Edmondson and AARP Oklahoma are warning Oklahomans of an identity theft scam that uses the threat of arrest to steal personal information from its victims. “The scam is initiated by a telephone call,” Edmondson said. “The …

Chubb Increases Limits on Law Firm Package Policy

The Chubb Group of Insurance Companies has enhanced its Customarq for Law Firms policy to included increased limits and key policy enhancements at no extra cost. Chubb has increased Customarq’s automatic blanket limit from $300,000 to $500,000 for 12 property …

Federal Judge Rejects Allstate Request to Dismiss Miss. Hurricane Lawsuit

A federal judge in Gulfport, Miss. has refused to throw out a lawsuit that a couple filed against Allstate Insurance Co. after the insurer refused to cover damage to their home from Hurricane Katrina. The lawsuit, filed by Elmer and …