July 27, 2001
The DeWolfe Companies Inc., the largest provider of residential homeownership services in New England, announced an agreement to acquire a portfolio of more than 9,000 personal insurance accounts from Aon Private Risk Management Insurance Agency, Inc. The acquisition will be …
July 26, 2001
The Wakefield, Mass.-based ASP Industry Consortium announced the availability of a new insurance program designed specifically for application service providers (ASPs). The program, developed in conjunction with InsureHiTech, an insurance brokerage for New Economy companies, provides comprehensive protection against the …
July 23, 2001
AM-KO Inc., a janitorial company providing services for the City of Dallas, entered a plea of “no contest” to a third degree felony for defrauding the Texas Workers’ Compensation Insurance Fund (Texas Fund) in one of the state’s biggest cases …
July 19, 2001
Fireman’s Fund Insurance Company announced it has liberalized its Scheduled Valuable Possessions coverage to afford affluent clients greater convenience and extra protection without extra cost when insuring valuables, such as jewelry, fine art, collectibles, silver and the like. According to …
July 19, 2001
A new study by the Workers Compensation Research Institute (WCRI) indicates California workers’ comp claim costs increased at a double-digit rate, growing by 11 percent between 1997 and 1998 (as of 1999 experience). The study points out that both medical …
July 10, 2001
Allenbrook Inc. of Lowell, Mass. announced the appointment of four new members to its senior management team. The company, which provides automation and consulting services to the property/casualty insurance industry, recently merged with VIC Corp. and several former VIC managers …
July 9, 2001
Rhode Island’s Medical Disciplinary Board has revoked Chiropractor Andrew J. Lombardi’s license to practice in the State following an indictment in Massachusetts alleging that that he had submitted 39 fraudulent claims to insurance companies for medical services he never performed. …
June 29, 2001
According to the National Association of Independent Insurers (NAII), a state’s rating law plays a significant role in what people pay for auto insurance, Consumers in states with more regulation pay higher premiums generally than those in states where competition …
June 28, 2001
The Joint Insurance Committee of the Massachusetts Legislature has given a favorable report on a self-audit privilege measure supported by the American Insurance Association. The bill, which would not be retroactive, would protect documents and related materials, employed by insurance …
June 25, 2001
The law firm of Dwyer & Collora LLP announced that on June 8, Federal Judge Robert E. Keeton of the U.S. District Court of Massachusetts certified state classes for four states, including Massachusetts and Connecticut, in a suit filed against …