Patients can’t seek large damage awards in court if their HMOs refuse to pay for doctor-recommended medical care, the U.S. Supreme Court ruled, rejecting arguments that the threat of multimillion-dollar lawsuits keeps insurance companies honest. The unanimous decision, in a …
The map shows a thin blue line skirting the edge of the Gulf and Atlantic coasts from Louisiana around Florida and all the way up to Maine to highlight the hurricane states. The blocks of red across the Western territories …
Nuts and Bolts: Prime Insurance Syndicate (Prime) announced two new insurance coverage packages—a Special Events Liability package and a Liquor Liability package—both of which are tailored to the specific market needs of promoters of recreational, competitive and other events, and …
Sidney Ferenc Sidney R. Ferenc and Steven M. Menzies were recently elected to new management positions by the board of directors of Applied Underwriters, headquartered in San Francisco. Ferenc assumes the position of chairman of the board, while continuing in …
West Virginia’s Workers’ Compensation Board of Managers has hired an internal auditor to monitor the accounts, records and fiscal affairs of the Compensation Commission. Melissa Wood Melissa Wood of Charleston, a certified public accountant, will begin her new duties as …
In a unanimous decision, the U.S. Supreme Court ruled on Monday that patients cannot sue their health maintenance organization under state law for refusing to pay for medical treatment recommended under a doctor’s care. The decision ruled that a 1974 …
Portland, Me.-based Banknorth Group has signed a letter of intent to acquire Drake, Swan & Crocker Insurance Agency, Inc. of Orleans, Mass. The company expects to finalize the acquisition by July 1. Drake, Swan & Crocker (DS&C) serves more than …
Maine Superintendent of Insurance Alessandro A. Iuppa has compiled an online list of 39 property and casualty insurance companies that have indicated a willingness to consider insuring certain types of risks in the homeowner market. Examples of the types of …
Nuts and Bolts: Prime Insurance Syndicate announced two new insurance coverage packages—one for special events and the other for liquor liability—that are tailored to the specific market needs of promoters of recreational, competitive and other events, and owners of restaurants, …
Nuts and Bolts: Prime Insurance Syndicate (Prime) announced two new insurance coverage packages—a special events liability package and a liquor liability package—both of which are tailored to the specific market needs of promoters of recreational, competitive and other events, and …
