Monthly Archives: <span>June 2012</span>

Report: Texas Reforms Reduced Costs of Medical Care for Injured Workers

A new study from the Workers Compensation Research Institute (WCRI), an independent, not-for-profit research organization based in Cambridge, Mass., says that costs of medical care for injured workers in Texas have dropped. The study says the drop is largely the …

Association’s Suit Seeks Information from Michigan Auto Claims Administrator

The Brain Injury Association of Michigan (BIAMI) announced it has filed a lawsuit against the Michigan Catastrophic Claims Association (MCCA) to obtain vital financial information, specific claimant records and actuarial standards under the principles of Michigan’s common law on behalf …

Vertafore Unveils Agency Management System with Mobile Capabilties

Vertafore, an insurance industry software provider, has made available its insurance agency management system, AMS360 v6.5. The new version provides agencies with new capabilities for every staff member, including: Agents can create and edit customer information on the go with …

Yantis, Nelson Join Mercury Financial Group in Texas

Mercury Financial Group has added Gail Yantis, vice president, life specialist in its greater Austin/San Antonio, Texas, service area. Joining Yantis will be Ricci Nelson who will serve as marketing specialist. Yantis and Nelson join Mercury after a successful tenure …

Nebraska Construction Company Owner Sentenced for Wire, Insurance Fraud

A Fremont, Neb., man has been sentenced to 18 months in federal prison for a wire fraud conviction that cost banks and insurance companies in Nebraska and Iowa millions of dollars. Thomas Herink was sentenced in Omaha’s U.S. District Court. …

Western Security Surplus Launches Admitted Bar, Restaurant Program in Calif.

Western Security Surplus Insurance Brokers has launched a bar, tavern and restaurant program in California. This is a brand new program in the California market, offering businesses products with access to an A- X rated, admitted market. In addition to …

Bingaman Introduces Post-Fire Flood Legislation

New Mexico’s two U.S. senators are pushing legislation that would make it easier for residents affected by wildfires on federal lands to take advantage of flood insurance administered by the Federal Emergency Management Agency. Sen. Jeff Bingaman introduced the measure …

Church Protests Insurance Rules For Sex Offenders

An Oregon church is challenging requirements set by its insurance company for how it treats sex offenders who attend services. Pastor Chad McComas of Set Free Christian Fellowship in Medford told Mail Tribune the church disclosed that known sex offenders …

Poms Names Herbert Vice President of Employee Benefits

Los Angeles, Calif.-based Poms and Associates Insurance Brokers named Jack Herbert vice president of employee benefits in the firm’s Los Angeles office. Herbert will focus on companies with 51 to 2,000 employees. He was previously founder and principal in the …

XL Expands Technology Underwriting Staff in New York, Atlanta, Chicago

XL Group plc has expanded its technology underwriting capabilities in New York, Atlanta and Chicago, adding six underwriters to its U.S. cyberliability underwriting group and appointing a new vice president to its Select Professional group. In New York, XL Group …