April 18, 2005
The largest writer of medical malpractice insurance in Massachusetts said it will not have to raise rates this year, after several years of double-digit hikes. ProMutual Group credited “improved financial strength” and “innovative patient safety initiatives that are having a …
April 18, 2005
Up Until Now Trucking Firms Performed the Checks But the FBI is Taking Over the Job The truck drivers who haul cargo labeled as flammable, combustible, radioactive or poisonous are now going to be scrutinized as closely as the hazardous …
April 18, 2005
Insurance, Recovery Services and Preventive Measures One in 23 adults can expect to be victimized this year by identity thieves, at a cost to Americans of more than $50 billion. That’s according to the 2005 Identity Fraud Survey Report from …
April 18, 2005
To the uneducated eye, the matched pair of antique chairs was hardly worth a second glance. Finished in worn gold paint, the seats re-covered in brocaded fabric, they looked like the sort of thing a grandmother wouldn’t let any visitor …
April 18, 2005
With Rates Climbing and Underwriting Tightening, Outdoor Groups Try to Hang On So often, the industry hears about issues from the side of its own insurance agents or underwriters. This is a tale from the perspective of insureds on how …
April 18, 2005
Gregory Case Aon Corporation announced the election of Gregory Case as president and chief executive officer. Case has also been elected to the Aon board of directors. Case succeeds Patrick Ryan, who has served as Aon’s CEO since the company’s …
April 18, 2005
At a recent gathering of New York independent agents and executives in Westchester, a well-respected insurance company executive proceeded to give his impressions of what is happening in Washington with regard to the Terrorism Risk Insurance Act. He reported on …
April 18, 2005
RS Group Of Companies Inc., a provider of pass-through risk specialty insurance, reinsurance products and affinity programs, announced the company has met its financial guidance for its gross profit in fiscal 2004. The company earned over $6.5 million in operating …
April 18, 2005
Workplace violence and staff turnover are cited by risk managers in the retail industry as among their biggest challenges to effectively managing their workers’ compensation exposures. According to a recent study conducted by Specialty Risk Services, industry statistics suggest that …
April 18, 2005
The California Division of Workers’ Compensation (DWC) has released its first annual report of progress on implementation of Senate Bill (SB) 889, the law authorizing workers’ compensation reform passed overwhelmingly by the Legislature and signed into law by Gov. Schwarzenegger …