Within the insurance industry—and even outside it—workers’ compensation fraud is typically associated with malingering employees who fake an injury in order to collect compensation and some paid “vacation” time. While it’s true that employee claim abuse is the most common …
The U.S. Census Bureau’s 2000 census estimated Indiana’s population at a little more than 6 million. About 82 percent of the adult residents had graduated from high school and about 19 percent had earned a bachelor’s degree or higher. The …
North Dakota Commissioner Helps Agents Handle the Hard Market During the National Association of Insurance Commissioners’ (NAIC) winter meeting in San Diego last December, Insurance Journal’s National Editor Andrea Ortega-Wells had the opportunity to chat with North Dakota Insurance Commissioner …
When you’re rushing day-to-day just to get your work done and make sure the details are taken care of while the bottom line is in the black, it’s easy to lose perspective on the larger picture in the insurance world. …
He came to Washington, D.C., with a background steeped in medicine. U.S. Senate Majority Leader and Tennessee Republican Bill Frist has known first-hand the impact of the nation’s medical malpractice crisis and how it can paralyze the entire business sector, …
Nuts & Bolts: Arrowhead Managed Insurance Programs is offering a new market for general contractors liability. Dollars: Minimum deductible SIR of $10,000. Minimum premium, $50,000, policy limits: $2 million to $5 million. Carrier: American Safety Indemnity Company, rated States Available: …
Nuts & Bolts: Essex Insurance Co., a division of Markel Group, is offering a new market for specialty marine products, especially hard to place risks. Dollars: Deductibles of $1,000. Minimum premium, $500; policy limits, $5 million. Carrier: Essex Insurance Company, …
Nuts & Bolts: Chubb/Axiom is offering a new market for specialty marine and pleasure crafts. Dollars: Deductibles of $1,000. Minimum premium, $2,500; policy limits, $10 million. Carrier: Chubb Insurance Co., rated “A++.” States Available: All. Contact: Scott Morgan, (949) 955-7105
The Illinois Supreme Court last week reversed an appellate court decision and reconfirmed that deceptive advertising cannot be the proximate cause of damages under the Illinois Consumer Fraud Act (ICFA) unless it actually deceives the plaintiff. “The high court ruling …
New York-based Frenkel Benefits, a division of Frenkel & Co., Inc., announced the opening of their new office in Pittsburgh to be headed by Vice President Carole Lyon-Orr, formerly of Aon Consulting in Pittsburgh. In her new position Lyon-Orr will …
