September 28, 2005
Michigan joined with over 30 state insurance regulators, working collaboratively through the National Association of Insurance Commissioners (NAIC), and announced a multi-state regulatory settlement with the nation’s largest insurance broker, Marsh & McLennan Cos. Inc. (Marsh). The settlement agreement is …
September 28, 2005
The Louisiana Department of Labor announced that those affected by Hurricane Rita have until Nov. 30 to file for Disaster Unemployment Assistance. Because of the widespread devastation to homes and businesses in southwestern Louisiana, individuals will have additional time to …
September 28, 2005
Westfield Insurance has named Scott Jurek senior executive, claims field operations, Western division. Jurek helps set and execute the claims strategy for Westfield Insurance while working collaboratively with business partners in commercial lines, personal lines and agribusiness to bring value …
September 28, 2005
Workers’ compensation carriers have filed for a slight 2.3 percent overall reduction in loss costs in Rhode Island. The Rhode Island Department of Business Regulation has scheduled a public hearing for Nov. 16 on the proposal, which was submitted by …
September 28, 2005
An Ingham County, Michigan judge ruled that the state’s ban against gay marriage does not prevent public employers from providing health insurance to partners of gay employees. Circuit Judge Joyce Draganchuk says health care benefits are benefits of employment, not …
September 28, 2005
New York Gov. George E. Pataki has signed into law legislation that increases the civil liability for the owners of dogs that cause serious personal injury. The law also provides an incentive to help victims of these attacks receive restitution. …
September 28, 2005
Wilmington Trust, a provider of specialized management and fiduciary services to corporations worldwide, is expanding the reach of its captive insurance management services. Wilmington Trust entered the growing captive insurance management business in July when it acquired Charleston Captive Management …
September 28, 2005
Physicians in Pennsylvania will get a break from rising malpractice insurance premiums next year, as the Pennsylvania Medical Society Liability Insurance Company has indicated it will not seek a rate hike in 2006. The insurer also announced that it will …
September 28, 2005
Munich Re has issued a report on the impact of Hurricanes Katrina and Rita on the insurance industry. The world’s largest reinsurer said it “estimates total insured market losses at up to US$ 40 billion,” and has raised its own …
September 28, 2005
Radio station WHJY will remain a defendant in a civil lawsuit resulting from The Station nightclub fire in Rhode Island. The lawsuit filed on behalf of 146 survivors and 80 victims’ families names the radio station as one of 46 …