Las Vegas-based Sierra Health Services Inc. reported that net income for the quarter ended Dec. 31, 2005, was $28.3 million, or $0.44 per diluted share, compared to $28.0 million, or $0.42 per diluted share, for the quarter ended Dec. 31, …
Research commissioned by specialist insurer Beazley (BEZ.L) among leading brokers of employment practices liability (EPL) insurance has identified a misplaced optimism among many small and mid-sized U.S. businesses about the scale of the risk presented by EPL claims. Brokers reported …
Sedgwick Claims Management Services Inc. reported the closing of a transaction whereby investors led by Fidelity National Financial Inc., and including private equity firms Thomas H. Lee Partners and Evercore Partners, have acquired the outstanding shares of Sedgwick CMS Holdings …
Officials with the Department of Homeland Security’s Federal Emergency Management Agency (FEMA) have begun the process in Louisiana to review the eligibility of occupants living in FEMA travel trailers and mobile homes. FEMA and the Louisiana Office of Homeland Security …
Homeowners insurers have settled nearly 70 percent of claims from Hurricane Katrina in Louisiana and Mississippi, according to the Insurance Information Institute (I.I.I.). The I.I.I. estimated that more than 732,000 homeowners insurance claims have been settled in the two states, …
The U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) has cited Titan Electric following the investigation of an August 2005 fatal accident at Duck Samford Park, Auburn, Ala. The agency is proposing penalties totaling $52,750. “Falls are a leading …
Mold is a dangerous adversary that residents have to face after a hurricane. When handling mold, individuals need to be safe and protect themselves – not only with the proper equipment but knowledge as well. Upon returning home, residents should …
Insurance companies have paid out nearly $5 billion in hurricane-related claims for hurricanes Rita and Katrina in six of Mississippi’s coastal counties according to Commissioner of Insurance George Dale. The payments were made in Hancock, Harrison, Jackson, George, Stone, and …
Humana Inc. reported the launch of its integrated real-time claims adjudication process that will reportedly simplify administrative tasks and help physicians obtain payment for services from patients more quickly. This solution comes as high-deductible health plans (HDHPs) reportedly continue to …
San Diego County Superior Court Judge David Danielsen has sentenced a roofing contractor to a six month jail term, three years formal probation and ordered him to pay $272,000 in restitution to State Compensation Insurance Fund as part of his …