FARA Insurance Services has opened a new office in Princeton, New Jersey — part of a push into the Northeast by the Louisiana-based firm that specializes in claims administration and risk management services. The new office will handle more complex …
Mandeville, La.-based FARA Insurance Services, a provider of claims administration and risk management solutions nationwide, has expanded its operations into the Northeast. With the opening of the Princeton, N.J., office, FARA will increase its presence in the Northeast and looks …
Connecticut regulators say they recovered approximately $3.4 million last year for consumers who complained that their insurers mishandled their claims — and then handed out another $2.35 million in fines against insurers. The Connecticut Insurance Department’s consumer affairs unit fielded …
The Ohio Department of Insurance announced that its fifth annual Ohio Medical Professional Liability Closed Claim Report shows a total of 3,344 medical professional liability claims were closed in 2009. Claims that generated an indemnity payment, which is the amount …
Lloyd’s leaders have long warned that the “compensation culture” is steadily increasing the costs of legal actions in the UK, as plaintiffs’ lawyers pursue more actions and seek larger recoveries for their clients. An article on the Lloyd’s web site …
Shielding Medicaid providers from lawsuits for negligent acts could cost Florida’s taxpayers an estimated $69 million per year in payments for private provider’s mistakes, according to a new report. Florida CFO Alex Sink sought the report after the Florida Legislature …
The economy has taken its toll on all businesses today and law firms are no exception. They have experienced downsizing, pressure to change specialties in order to compete for new business, and other cost cutting measures, according to industry insiders. …
Property/casualty insurers will have some extra time to comply with new Medicare and Medicaid liability claims reporting requirements. The Department of Health and Human Services Centers for Medicare and Medicaid Services (CMS) announced that it will delay the implementation of …
Mark Harman, CEO of Crawford & Company for Continental Europe, Middle East & Africa, and Paul Ogni, Country Manager of Crawford & Company Italia, together with William Bolton, Chairman of Studio Bolton & Associati, have jointly announced that the “two …
Nearly half (44 percent) of private company executives expect their firms will add jobs by year end, and more than half (54 percent) plan to expand product or service offerings. Another 12 percent of those same executives anticipate completing a …