April 5, 2004
Vermont Commissioner John P. Crowley has approved workers’ compensation insurance rate increases of 10.3 percent in loss costs for the voluntary market and an increase of 14.2 percent in the rates for the assigned risk market, effective April 1, 2004. …
April 5, 2004
A recent Massachusetts Bar Association survey found an overall high approval rating of judges in the Massachusetts Department of Industrial Accidents (DIA), yet the same report cites need for improvement, most notably in some judges’ biases in reaching their decisions. …
April 5, 2004
Flanked by the presidents of the Maine AFL-CIO and Maine State Chamber of Commerce, Gov. John E. Baldacci unveiled legislation to restructure the Maine Workers’ Compensation Board. The goal of the restructuring is to end the gridlock that has stymied …
April 5, 2004
The Maine Bureau of Insurance has been told to release a confidential report that it had accounting firm Arthur Andersen prepare on the merger of Unum Life Insurance Co. and Provident Co. Inc. in 1999. According to the law firm …
April 5, 2004
The Supreme Court of New Hampshire recently ruled that a tenant is considered a co-insured of a landlord for fire damages and the insurer has no right of subrogation against the tenant. The ruling, Cambridge Mutual Fire Insurance Co. vs. …
April 5, 2004
Connecticut’s insurance industry, long dominated by some of the largest firms in the nation, is feeling a few sharp elbows from smaller companies that are making room for themselves in the market. Those firms have created a niche industry by …
April 5, 2004
A New Jersey legislative task force has recommended that the state mandate safety training for all boat operators. If the state does not do that, it should at least require insurers to provide premium discounts to those who do complete …
April 5, 2004
Speaking at The Business Council’s annual Small Business Day, New York Governor George Pataki proposed a workers’ compensation reform package that he claims would increase benefits by 25 percent while also cutting employers’ costs by 15 percent. He positioned it …
April 5, 2004
Citing data released from the state Supreme Court as “proof that our reforms are making a difference,” Pennsylvania Governor Edward G. Rendell has proposed a series of new bills to address the state’s medical malpractice situation. The proposals supplement those …
April 5, 2004
To regulate more or less? That was the question posed to the public by the people at the Harris Poll. Health insurance, managed care, pharmaceuticals and the oil industry top the list of industries the public feels need more regulation. …