Newsbriefs

QUACK QUAKES

A state Senate panel voted May 3 to bar California’s insurance commissioner from ever again allowing insurance companies to avoid...

HMO CLASS ACTION

The national consumer law firm of Herman, Middleton, Casey & Kitchens has filed a class action against Humana Inc., Humana...

GEORGIA FINES

Prudential HealthCare has drawn a $200,000 fine for slow payment of claims from Georgia Insurance Commissioner John Oxendine. The state’s...

CELL PHONE CLOSE CALLS

A new survey by Farmers Insurance Group shows 87 percent of adults believe using a cell phone while driving impairs...

ITC, RACKLEY TEAM UP

Dallas-based Insurance Technologies Corp. (ITC) has partnered with Rackley Systems to provide commercial lines rating software to ITC’s existing customers....

PRESIDENTIAL VIEWS

President Bill Clinton told independent insurance agents from around the nation that a tax credit for long-term care, Medicare prescription...

CONSECO CONCERNS

Conseco has signed a commitment letter to sell some of its assets to Lehman Brothers Bank and affiliates. Pursuant to...

WORKERS’ COMP DECLINE

Workers’ compensation benefit payments and costs declined relative to wages in 1997 and 1998 according to a report released today...

CONTINENTAL DERIDE

Continental Casualty Co. has agreed to pay nearly $135,000 in refunds to approximately 250 Mississippi residents as a result of...

GERMAN EXPANSION

Allianz and Munich Re are planning to reduce mutual cross-shareholdings worth more than $7 billion, while selling off some holdings...

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