Risk Management Solutions (RMS), Newark, Calif., has increased its estimate for U.S. insured losses from Hurricane Wilma to $8 billion to $12 billion. Its original estimate was $6 billion to $10 billion. The estimate includes onshore damage resulting from wind …
A Metropolitan Transportation Authority (MTA) bus driver has pleaded guilty to workers’ compensation insurance fraud after an investigation by the California Department of Insurance (CDI) Fraud Division. Renee Terri Henderson, 40, of Marina Del Rey, was found to have submitted …
The Indiana Supreme Court today ruled that insurance policies are not obligated to compensate damaged property for decline in value of the property after adequate repairs have been made. The insurance industry views the ruling as a major clarification of …
The California State Compensation Insurance Fund’s San Jose District Office will be hosting a free Restaurant Health and Safety workshop to help restaurant owners create a comprehensive safety training program and comply with state and federal workplace regulations. The workshop …
Insurance companies and HMOs in Michigan would be required to offer financial incentives that reward people for healthy behavior under legislation introduced Thursday in the state Senate, according to Associated Press. Sen. Tom George, a Portage Republican and practicing physician, …
Cherry Hill, NJ: The McIntyre Group announced today a new strategic partnership with Seattle-based, Robert Callard & Associates, LLC. The partnership enhances the international risk management skills of The McIntyre Group by adding the international insurance experience of Robert Callard …
North Dakota Insurance Commissioner Jim Poolman has issued a memorandum to property/casualty insurers writing business in the state stating companies using credit-based insurance scores in the underwriting and rating of business are “expected” to provide “adverse action” notification. In accordance …
Illinois Gov. Rod Blagojevich’s plan to provide health insurance to all children in Illinois passed the Senate yesterday and is poised for vote in the Illinois House today during a short-term veto session. The Senate voted 32-23 to approve the …
The Chubb Group of Insurance Companies has collaborated with National Equipment Register (NER) to help deter heavy contractors equipment theft and increase the chances of recovering stolen equipment by offering its policyholders the option to register equipment with NER before …
The Louisiana Department of Labor reported that the preliminary September unemployment rate for Louisiana soared to 11.5 percent after Hurricane Katrina, marking the highest unemployment rate in the state since January of 1987. The revised August unemployment rate was 5.8 …
