December 19, 2005
Stratton Insurance Services Inc. of Pendleton, Oreg., is the newest member to join ISU International’s national network of agencies. The ISU Group operates a national network of locally-owned offices. Each member enjoys the strengths and resources of a national brokerage …
December 19, 2005
Part-time soldiers in the Guard and Reserve do not receive federally-paid health care unless they’re called to active duty, and Congressman Tom Latham says a budget bill that should clear the U.S. House soon will extend the same health benefits …
December 19, 2005
Liberty Mutual Insurance Company has hired the mediator who oversaw the Sept. 11 Victim Compensation Fund to help settle insurance claims filed by homeowners after hurricanes Katrina and Rita. The Boston insurer’s customers with unresolved claims can have them reviewed …
December 19, 2005
About 30,000 health care providers would receive a state subsidy for a fourth straight year to help them pay their medical malpractice insurance bills, under legislation sent to Gov. Ed Rendell for his signature. The legislation benefits doctors who pay …
December 19, 2005
The Vermont Medical Society and a group of consumer advocates squared off last week with dueling news conferences that were a harbinger of a coming debate in the Legislature over medical malpractice reform. “The cost of a broken medical liability …
December 19, 2005
Premium fraud, working without workers’ compensation coverage, fraudulent certification and claimant fraud are common types of workers’ compensation fraud encountered by the Bureau of Workers’ Compensation Fraud, Vincent Mazzara, central region commander, told attendees at a series of town hall …
December 19, 2005
Ed Langston, Donald McMahon and Phil Zelman have been honored with awards for their achievements by the Professional Insurance Agents of Florida board of directors. Mark O’Connell, PIA of Florida CEO, presented Langston with the ‘President’s Award,’ to honor and …
December 19, 2005
Swiss reinsurer Converium announced that it has completed the first stages of an internal investigation into its accounts, “launched against the backdrop of ongoing investigations by regulators and governmental authorities into non-traditional insurance and reinsurance products.” (See IJ Website Nov. …
December 19, 2005
Joe Plumeri, chairman and CEO of global broker Willis Group Holdings Limited, issued a statement on Sunday, Dec. 18, after both Houses of Congress approved a two-year extension of the Terrorism Risk Insurance Act (TRIA). (See related article in National …
December 19, 2005
A.M. Best Co. has announced its credit ratings on U.K. specialist and Lloyd’s insurer Hiscox plc. and its operating entities. It affirmed the financial strength rating (FSR) of “A-” (Excellent) and the issuer credit rating (ICR) of “a-” of Hiscox …