Idaho teenagers account for one out of every four car crashes, even though they represent a much smaller fraction (7 percent) of the state’s driving population. Overall, teens age 15-19 are more than twice as likely to be involved in …
Coalition America Inc. (CAI), a provider in medical claim savings, has expanded its relationship with Humana Inc., one of the nation’s largest publicly traded health benefits companies. In an effort to streamline the repricing and adjudication process for its various …
Louisiana Attorney General Charles Foti, Jr. announced that Mathilda Alexander of New Iberia, La. has been charged with One count of cruelty to the infirmed; 14 counts of Medicaid Fraud; 14 counts of Fraudulent Remuneration; and 14 counts of Filing …
The Prime Insurance Syndicate Inc. (“Prime”) announced that it has earned a Financial Stability Rating of “A” (Exceptional) from Demotech Inc. This level of Financial Stability Rating indicates that Prime’s balance sheet reflects excellent liquidity, an acceptable level of financial …
Initial review of the aggregate statistics of the U.K. nonlife primary market suggests that, as expected, 2003 saw a modest continuation of the improvement in underwriting results seen since 2000, according to a report issued by A.M. Best. The market’s …
Alaska Gov. Frank Murkowski signed 11 bills into law earlier this week, including legislation that changes the existing motor vehicle liability law. HB 336, sponsored by Rep. Kevin Meyer of Anchorage, changes existing law to provide that those who knowingly …
Bermuda-based Arch Capital Group Ltd. reports that net income for the 2004 second quarter was $104.3 million, or $1.42 per share, compared to $61.8 million, or $0.91 per share, for the 2003 second quarter, and $191.7 million, or $2.69 per …
The Property Casualty Insurers Association of America (PCI) announced that Benjamin J. McKay III, former chief of staff for U.S. Representative Katherine Harris (R-FL), will serve as the new director of federal affairs in its Washington D.C. office. Before working …
ADESA Des Moines was honored recently with a Region Representative of the Year award from ARI, a fleet management leasing company based in Mt. Laurel, N.J. Representing the Midwest region, ADESA Des Moines competed against 21 auctions for the honor. …
Austin-based Texas Mutual Insurance Company reported it has created an account executive council (AEC) designed to help the company make its online services better for agents’ account executives, or customer service representatives (CSRs). “We want to use these account executives’ …