A new rate-comparison study shows that workers’ compensation rates in Washington remain among the lowest in the nation. The 2004 “Workers’ Compensation Premium Rate Ranking” study by the Oregon Department of Consumer & Business Services shows Washington at 35th. That …
Pennsylvania Insurance Commissioner M. Diane Koken on Wednesday announced the license revocation of Michael D. Newton, Jr. of the J. Catherine Newton Insurance Agency in Pittsburgh. “Not only has Mr. Newton shown a total disregard for law and authority, ignored …
New York Attorney General Eliot Spitzer and State Insurance Superintendent Gregory Serio on Wednesday announced the arrest of 31 members of a Bronx based no-fault insurance fraud ring that reportedly submitted phony no-fault claims to 13 different insurance carriers. Between …
The New York State Insurance Department has scheduled a public hearing for Friday, Jan. 7, 2005 to consider the application of the New York Compensation Insurance Rating Board for a workers’ compensation insurance rate increase of 9.5 percent. The hearing …
New York Superintendent of Insurance Gregory V. Serio announced that Progressive Northeastern Insurance Company (PNEIC) will reduce its rates an average of 5.1 percent for 2005, saving its private passenger customers nearly $33 million. This follows the 3.8 percent rate …
The Illinois Division of Insurance has approved a 0.1% increase in the advisory rate for workers’ compensation insurance in Illinois for 2005—that’s one-tenth of 1 percent. For comparison’s sake, the department said in a statement, consider that the Consumer Price …
Atlanta-based Crawford & Co., an independent provider of claims management services, has mobilized a catastrophe team in response to the Dec. 26 tsunami that devastated Southeast Asia. The company is an independent provider of claims management services with a global …
The Vermont Department of Banking, Insurance, Securities and Health Care Administration and the nation’s Better Business Bureaus have issued consumer advisories against companies going by the names Watermark Insurance, Inc. and Jefferson Financial Corp. among others. According to Ken McGuckin, …
President George W. Bush told Asian leaders that the United States is committed to helping their countries following Sunday’s earthquake and killer tsunamis that have killed more than 60,000 people. The following is a transcript of a statement by President …
Citizens Property Insurance Corporation today announced it will dedicate resources to quickly provide temporary coverage for thousands of American Superior policyholders who stand to lose their homeowners insurance. “Though Citizens is focusing every effort on quickly resolving hurricane claims, we …
