January 12, 2007
Rulebook Supplement 2006-06 containing rules adopted by the Texas Commissioner of Workers’ Compensation is available online from the Texas Department of Insurance (TDI), Division of Workers’ Compensation. The supplement can be printed from the TDI Web site at www.tdi.state.tx.us/wc/rules/tableofcontents/supplements.html. To …
January 12, 2007
Shand Morahan & Company Inc., underwriting manager of Evanston Insurance Company, revamped its lawyers professional liability program, now called Designed Protection for Law Firms. Targeted to hard-to-place attorneys and law firms, the updated program features a new, more competitive policy …
January 12, 2007
Arkansas Workers’ Compensation Commission Form announced that its form A-110, the paper document used for decades to notify insurer representatives of new cases at the AWCC, has been replaced by electronic notification. The A-110 ends its “career” at the AWCC …
January 12, 2007
Insurers must address global climate change as they cope with the growing cost of extreme natural disasters, said Lord Peter Levene, chairman of Lloyd’s, the London insurance market. “We cannot risk being in denial on catastrophe trends,” Levene said today …
January 12, 2007
State Farm announced plans to lower its overall auto insurance rates in Texas. The change, which represents a savings of nearly $104 million annually to State Farm’s Texas auto insurance customers, will be effective Feb. 26 for new business and …
January 12, 2007
A judge has ordered the Roman Catholic Diocese of Springfield, Mass. to release thousands of pages of documents in a dispute between the church and seven of its insurance carriers over settlements with clergy sex abuse victims. The diocese sued …
January 12, 2007
Fifty-five new hydrants will help fight fires faster and may lower insurance rates for New Hope, Pa. residents, officials said. Fifteen of the 55 hydrants are already operating and 40 more are expected to be turned on by the end …
January 12, 2007
In a Hurricane Katrina claims decision that surprised the insurance industry, a federal judge ruled that State Farm did not provide sufficient evidence to prove what damage to a Mississippi family’s house was caused by wind versus water and the …
January 12, 2007
Marsh Inc. has launched of MaRI (Marsh Risk Innovations), an insurance facility designed to provide additional capacity to the depleted property catastrophe insurance market this year. According to Marsh, this new facility is unique in that it delivers capital market …
January 12, 2007
The Bermuda-based Catlin Group Limited announced the appointment of Peter Presperin as CFO of Catlin US, the group’s recently established underwriting platform in the United States. Presperin will report to Richard Banas, Catlin US president and CEO, and will be …