Arch Insurance Group, a division of Arch Capital Group Ltd., announced that Jane Comerford was named to the position of vice president, Executive Assurance. In her new role, Comerford will focus on developing Arch’s directors and officers, financial institutions and …
Arkansas Insurance Commissioner Mike Pickens announced an overall loss increase of 1.8 percent in the State’s Workers’ Compensation voluntary insurance market. This small increase is the first for Arkansas in eight years. Until this year, Arkansas had experienced a decline …
Galveston Insurance Associates of Galveston, Texas reported that it was recently selected as one of three Federal Insurance & Mitigation Administration’s 2002 Agencies of the Year. The award recognizes agencies writing flood insurance that have made significant contributions to the …
Texas Mutual Insurance Company announced that, thanks to a recent anonymous tip, it is ready to recover over $8,200 in restitution and save over $26,000 in estimated future income benefits. Additionally, the confidential informant will receive a $1,000 reward. Without …
Workers’ compensation costs per claim in Georgia were low relative to costs in the other states analyzed in a national study by the Workers Compensation Research Institute (WCRI), although indemnity costs per claim were higher, driven by permanent partial disability …
A 52-year-old Olympia, Wash. man, Richard Sundblad, has been ordered to pay $20,300 in penalties and Wash. Department of Labor and Industries benefits he collected while secretly working. An investigation into Sundblad determined that he had allegedly collected workers’ compensation …
In response to the recent decision to move all pending California workers’ compensation legislation to a Legislative Conference Committee that will consider broad reforms to the system, the American Insurance Association released the following statement: “We are pleased that the …
The Rhode Island legislature went through a marathon session and officially adjourned during the early morning hours recently, wrapping up a year of political posturing that resulted in a several gains for the insurance industry. “This year’s new downsized legislature …
Proposed Department of Labor regulations that were approved by the House of Representatives July 10 would reportedly clarify how employers determine who is exempt from overtime pay and should aid insurers, according to the Alliance of American Insurers (AAI). “The …
New York Superintendent Gregory Serio announced that Samuel Gardner, 41, of Kent, New York, was arrested and charged with Insurance Fraud, Arson and Attempted Grand Larceny. On July 28, 2002 Mr. Gardner’s home was destroyed by fire. Gardner had been …
