Liberty Opportunity Group’s Blog

• New York Taking Steps to Revive Insurance Exchange for U.S.

  New York Insurance Superintendent Eric Dinallo is enlisting experts to examine the possibility of reviving the New York Insurance Exchange, which was seen as the U.S. equivalent of the Lloyd's of Lond

  July 7th, 2008 · No comments
• Hooper Holmes Sells Claims Evaluation Division

  Basking Ridge, N.J.-based information company Hooper Holmes reports it has sold Claims Evaluation Division (CED), a unit providing independent medical exams primarily for automobile and workers' compe

  July 7th, 2008 · No comments
• Maryland County Begins Charging for Ambulance service

  Maryland's Prince George's County Fire/EMS Department has begun charging for ambulance service. Officials say residents who have health insurance, including Medicaid or Medicare, won't have to pay

  July 7th, 2008 · No comments
• Wisconsin Supreme Court Orders $1 Million Payout in Malpractice Case

  The Wisconsin Supreme Court has ordered an insurance company to pay nearly $1 million in a medical malpractice case. The decision upholds an earlier ruling that Physicians Insurance Co. of Wiscons

  July 7th, 2008 · No comments
• Georgia Revokes Life Insurer's License

  Georgia's insurance commissioner has revoked the license of a life insurance company, banning it from selling policies in the state. It's the first time John Oxendine has barred an insurer from the

  July 7th, 2008 · No comments
• World's Power Companies Undervalue Property up to 30%, Willis Report Finds

  Given that the industry is being squeezed to maximum capacity by unprecedented demand and rising equipment, commodities and labour costs, under-insurance could prove disastrous for power companies whe

  July 7th, 2008 · No comments
• Iowa's EMC Insurance: Storm Losses Lower 2008 Earnings Estimate

  Des Moines, Iowa-based EMC Insurance Group Inc. says Midwest storm losses will reduce its profit for the year. The property and casualty insurer is lowering its guidance to a range of $1.20 to $1.

  July 7th, 2008 · No comments
• Reinsurer Ariel Seeks Investment Opportunities from Credit Crisis

  Ariel Holdings Ltd., a closely held Bermuda-based reinsurer, has seen strong growth and a rapid rise in profits since it was formed in late 2005, but thornier market conditions are now driving it to l

  July 7th, 2008 · No comments
• Employers Accused of Using Federal ERISA Law to Deny Benefits

  Dying of cancer, Thomas Amschwand did everything he was told to make sure his wife would collect on the life insurance policy he had through his employer. "He was obsessed with dotting every 'i' an

  July 7th, 2008 · No comments
• Increase in Fatalities Make Indiana Officials Open Debate on Helmet Law

  Fatal motorcycle accidents have become more common over the last decade as the vehicles become more popular, leading some to question whether it's time for Indiana to consider a mandatory helmet law.

  July 7th, 2008 · No comments