Company Notes
Florida’s total medical malpractice premiums dropped in 2008 for the fifth consecutive year, according to an annual report filed by the Office of Insurance Regulation (OIR)....
Florida Insurance Commissioner Kevin McCarty has approved the latest proposed rate decrease submitted by the National Council on Compensation Insurance (NCCI) for workers’ compensation insurance rates. ...
Florida Doctors Insurance Co. and Physicians Preferred Insurance Co. have signed definitive agreements for a purchase and plan of merger that, if approved, would make the new company the fourth largest writer of medical malpractice insurance in Florida. ...
Prepared Insurance Co. in Tampa has received a certificate of authority from the OIR to write homeowners’ and dwelling fire insurance in Florida. ...
Blue Cross and Blue Shield of Florida (BCBSF), Inc., of Jacksonville has developed two new health cards available for consumer purchase at Winn Dixie® in October and at CVS/pharmacy® stores in November statewide....
Homeowners Choice Inc., has tendered an offer to buy 21st Century Holding Co. in a stock and cash deal valued at $42.5 million....
The WorkComp Advisory Group has formed a strategic alliance with Specific Software Solutions, LLC. ...
For the second consecutive year, AvMed Health Plans has received an Excellent Accreditation status from the National Committee for Quality Assurance (NCQA) for both its commercial and Medicare products. ...
National Notes
The American Institute for CPCU and the Insurance Institute of America have made substantial changes to the Chartered Property Casualty Underwriter (CPCU) program. ...
At its annual client conference recently, CSC reported that it has defined more than 60 potential applications for all mobile platforms to help carriers communicate and exchange information to benefit agents and consumers. ...
Eleven top reinsurers have established the Global Reinsurance Forum (GRF) to lobby decision makers on matters affecting the reinsurance industry worldwide. ...
The Mississippi Supreme Court recently issued a unanimous decision in Corban v. USAA, settling legal issues surrounding Hurricane Katrina claims in Mississippi, according to a media release from USAA. ...
