A new study by the Workers Compensation Research Institute (WCRI) found that, despite the fact that the average cost per claim for the medical care of injured workers in Massachusetts has risen “significantly in recent years, ” the state is …
According to a new study released by the Federal Reserve bank of New York, cleaning up and rebuilding downtown Manhattan is expected to cost up to $29 billion, at least $6 billion less than had been estimated earlier. As reported …
The Department of Consumer and Business Services (DCBS) has revoked the insurance agent’s license of a Coos Bay woman, Alice L. Sanders, for allegedly violating Oregon insurance regulations. An investigation by the Insurance Division of DCBS found that Sanders allegedly …
As a result of wind storms earlier this month, Nevada Insurance Commissioner Alice Molasky-Arman gave the temporary go-ahead for non-resident salaried adjusters or independent adjusters who are licensed in their home state to adjust claims in Nevada due to damage …
State Farm Insurance Company recently announced that it would no longer sell homeowners insurance in California due to the increasingly large payouts over the past two years, according to the Los Angeles Times. The company is the largest insurer of …
A new tool to help save firefighters lives by reducing arson in vacant buildings was distributed by the Insurance Committee for Arson Control at a dinner to honor fire service personnel recently in Washington, D.C. attended by President Bush. The …
Digital risk insurance specialist Safeonline™ and technology insurance underwriter ACE Global Markets, have announced publication of a white paper to help senior business decision makers identify the steps they need to take to effectively manage their technology related exposures. The …
Arthur Andersen’s request to sell its assets has been delayed a hearing for the third time by U.S. District Judge Melinda Harmon, according to the Associated Press. Now scheduled for April 29, the hearing has been further postponed to allow …
Michigan-based Meadowbrook Insurance Group, Inc. has filed a registration statement with the Securities and Exchange Commission relating to an offering of up to 18,500,000 new shares of its common stock. The company stated the offering is being lead-managed by Friedman, …
The South Dakota Division of Insurance issued a reminder to insurance companies that the effective date for changes to the non-renewal notice requirements for commercial lines of insurance is on the horizon. July 1 is the date on which the …
