A recently released study from the National Association of Insurance Commissioners (NAIC) points out that Missouri med-mal insurers paid out much less in claims in 2004 to state doctors, yet premiums continue to rise–growing 8.4 percent as direct lossesfell some …
Eleven workers in western Michigan have been found guilty of unemployment insurance fraud for collecting more than $100,000 in benefits to which they were not entitled. Twenty-nine others face strong administrative action from the state’s Unemployment Insurance Agency (UIA). Those …
By Laura Mazzuca Toops Farmers in Midwestern states like Kansas have more than doubled the acres they insure and tripled their dollar amount of coverage since 1989, according to recent statistics. It’s a trend that could mitigate financial hardships arising …
Five or fewer insurers control at least three-quarters of the small-group insurance market. This lack of competition contributes to double-digit premium increases for many small businesses and forces an increase in the number of their employees who are uninsured. Ah, …
This recurring feature examines insurance coverage decisions in the Midwest’s appellate courts, as compiled by the New York-based law firm of Goldberg Segalla LLC and edited by insurance lawyer Kevin T. Merriman (kmerriman@goldbergsegalla.com). Hemocleanse Inc. v. Philadelphia Indemnity Insurance Company …
Although today’s construction industry is coming out of a trench and contractors are intensifying competition by bidding low to get enough work to utilize available capacity, an increase in private sector opportunities has surety bond producers predicting a brighter future, …
Just when I thought I was out, they pull me back in!” (Al Pacino as Michael Corleone, Godfather III) In case you haven’t noticed from the accompanying mug shot, I replaced Kevin O’Reilly as Insurance Journal’s Midwest managing editor on …
Delaware Insurance Commissioner Matthew Denn wants to restrict insurers from canceling homeowners’ insurance policies because they have made a few claims and require insurers to more fully disclose to insureds whether they have coverage for floods, theft and replacement value …
Virginia’s State Corporation Commission has scheduled a Nov. 9 hearing to consider a request filed by the National Council on Compensation Insurance Inc. to adjust the premium levels charged for workers’ compensation insurance. NCCI has proposed an increase in the …
Already reeling from one insurance rate increase still under appeal, independent sedan transportation operators in Maryland have been told rates will be going up again. The Maryland Automobile Insurance Fund sent notice of a 32 percent rate increase effective with …
