6.4% Overall percentage increase in the number of fraud convictions nationwide from 2004 to 2005, according to the Coalition Against Insurance Fraud. The Coalition said states are delivering record results in combating swindles. $100 billion Potential amount of loss that …
The New Mexico legislature has passed a bill that would establish a file and use rate regulatory system for most personal lines of insurance. The Insurance Rate Regulation Law, SB 483, applies to all kinds and lines of direct insurance …
Long Haul Trucking Program Nuts and Bolts: M.J. Hall and Co. Inc. has a long haul trucking program for long haul truckers garaged in California. The program covers liability, physical damage, cargo and trucker’s general liability. The program also covers: …
The vast majority of injured workers in California have access to quality medical care, yet a majority still suffer from injuries even after a year of care, according to a study conducted by the UCLA Center for Health Policy Research …
Last November, then-New York Attorney General Eliot Spitzer notified four insurance companies that they could no longer pay contingent commissions to agents and brokers who sell automobile, homeowners and certain other insurance products. The four companies — ACE, AIG, St. …
The Colorado House Business Affairs and Labor Committee has approved two workers’ compensation bills: one affecting employee’s choice of physician and another affecting firefighters. House Bill 1176 would change the workers’ comp system to allow an injured employee to choose …
The hallmarks of John Morrison’s legacy as Montana State Auditor, the Commissioner of Insurance and Securities, is to help provide more affordable coverage. For instance, the state is one of the leading captive domiciles in the West and has made …
Oregon’s Insurance Division has amended its rules affecting licensing, renewal, prelicensing training and continuing education requirements for insurance producers. According to the OID, the changes in the rulemaking furthers licensing reciprocity for Oregon resident insurance producers and increases consistency between …
In today’s soft directors and officers market, the importance of a long term approach can often be lost in the process of securing coverage. However, history has proven in the past 15-plus years that the D&O market has always been …
Washington Gov. Chris Gregoire announced that a partial “rate holiday” has been finalized by the Department of Labor and Industries, designed to save workers and employers about $315 million in workers’ compensation insurance premiums. Beginning July 1, employers and workers …
