The outlook for the U.S. workers’ compensation sector in 2006 is good, with the ratings impact for insurers expected to be neutral on the whole, according to a report released by Standard & Poor’s Ratings Services. Underwriting results in 2005 …
An investigation of Washington insurance brokers and brokerages spawned by a national scandal in the insurance industry has not uncovered criminal or unethical behavior in the state, according to a report released by Insurance Commissioner Mike Kreidler. “I’m pleased to …
Contrary to popular belief, today’s workers are safer on the job than they are at home or in their communities. According to the National Safety Council, recent gains in lowering workplace death rates, which are down 17 percent since 1992, …
St. Paul Travelers has expanded management liability coverages for its SelectOne for Community Banks and SelectOne for Credit Unions, a portfolio of property casualty, management liability and bond coverages specifically designed for community banks and credit unions. Now, the management …
A Seattle gynecologist convicted of raping and fondling women who came to his clinics for treatment has been sentenced to 20 years in prison. Charles Momah performed gynecological exams without wearing gloves, sexually touched patients, probed them unnecessarily with a …
Los Angeles-based Lemac & Associates has promoted Mario Gomez and charged him with expanding the company’s workers’ compensation department. The company has five “A” rated markets that will entertain all classes and sizes of accounts from $20,000 and up.Gomez said …
Encino, Calif.-based NAS Insurance Services has added health maintenance organizations (HMOs) to the eligible classes of its managed care E&O/D&O/EPLI insurance coverage. Other eligible classes include medical groups, IPAs, PHOs, PPOs, MSOs, CVOs, utilization review organizations, etc. All classes also …
The former office of Canon Insurance in Woodland Hills, Calif., has changed its name to Wholesale Connection Insurance Services. The staff and address will remain the same. Warren Stanley, president of the newly named entity, stated, “The change should be …
Motorists often overpay for towing coverage offered by insurance companies, car manufacturers and roadside-service companies, says PEMCO Insurance, based in Seattle. “Motorists should make sure help is available if their car ever breaks down,” said PEMCO spokesman Jon Osterberg. “But …
Legislation supported by Detroit-area lawmakers, which seeks to lower insurance costs in their city, could increase premiums up to 60 percent for other Michigan consumers by prohibiting insurance companies from using geographic territories in determining automobile and homeowners rates, according …
