Monthly Archives: <span>August 2008</span>

Farmers Alliance Companies Selects PipelineClaims 3.0 as Part of a Technology Modernization Initiative

New Web-Based System Customizes and Consolidates Claims Processing Environment Honolulu, HI – August 26, 2008 — BlueWave Technology™, Inc., a provider of property and casualty insurance solutions, today announced that the Farmers Alliance Companies (FAMI) have selected BlueWave Technology’s PipelineClaims® …

Tax Charges Dropped Against Former Oklahoma Commissioner

Prosecutors have dropped tax charges against former Oklahoma Insurance Commissioner Carroll Fisher. The 68-year-old Fisher was charged with filing a false tax return that understated his income in 1999. Fisher is currently in prison on a campaign corruption conviction and …

Ratings Roundup: Penn Treaty Network, Donegal, CIFG

Standard & Poor’s Ratings Services has revised its outlook on Penn Treaty Network America Insurance Co. (PTNA) to negative from stable; however, the rating agency also said that it affirmed its ‘B-‘ counterparty credit and financial strength ratings on the …

Oregon Doctors Upset Over Change in Workers’ Comp Rules

Health care providers all over Oregon say they’ll have to drop workers’ compensation cases, after a change in how they are paid to care for those injured on the job. The temporary rule, imposed July 7, 2008, allows insurance companies …

Farmers Appoints Toohey VP of Media Relations

Mark Toohey has been promoted to senior vice president of media relations for Los Angeles-based, Farmers Insurance Co. In his new role, Toohey will be responsible for leading and managing all media relations, external communications and related activities. Before his …

Zurich Names Richiski Head of Distribution, Regional Management

Zurich North America Commercial named Richard (Dick) Richiski as head of distribution and regional management for its Specialties business unit. In this role, Richiski will assume responsibility for directing regional performance of Zurich’s Specialties business unit across North America, which …

Swett & Crawford Develops Specialty Stucco Insurance Strategy

Swett & Crawford rolled out a new approach to serving the insurance needs of exterior insulation finishing system (EIFS) applicators nationwide. Under the company’s new Specialty Stucco Insurance Strategy (SSIS), Swett & Crawford will recognize selected independent agencies dedicated to …

South Dakota Neurosurgeon Loses 2 Malpractice Appeals

A Rapid City neurosurgeon who said he had been sued more than 30 times for malpractice lost two appeals on August 21 in the South Dakota Supreme Court. The court upheld a jury verdict awarding a woman nearly $552,000 in …

AP: New Orleans Repeating Deadly Levee Mistakes

Signs are emerging that history is repeating itself in New Orleans, still healing from Katrina: People have forgotten what happened after Hurricane Betsy caused catastrophic flooding four decades ago and again believe the federal government is constructing a levee system …

Several Insurers Could See Big Fannie, Freddie Losses

A handful of insurers holding equity in U.S. home-funding giants Fannie Mae and Freddie Mac could see big losses if a federal takeover wipes out the value of the agencies’ common and preferred stock, as some investors fear. “There are …