The city of Los Angeles spent millions of dollars settling lawsuits that could have been avoided if effective risk management programs had been in place, according to an audit. City Controller Laura Chick said the city spent $35 million on …
The primary finding in a National Council on Compensation Insurance study is that fee schedules are effective at controlling workers’ compensation medical costs. NCCI also shows that most schedules work well for primary care but not as well for specialty …
Three law firms have filed a class-action lawsuit on behalf of victims of the Fernley flood — the second such complaint in two days. In their suit filed in Lyon County District Court in Yerington, Nev. the Reno firms of …
Gov. Kathleen Blanco and Insurance Commissioner Jim Donelon handed out grants Jan. 11 to property insurance companies that are receiving a total of $29 million from a state government program aimed at getting more insurers to write policies in south …
A judge in Tulsa is calling off former Oklahoma Insurance Commissioner Carroll Fisher’s tax-evasion trial that was to start Feb. 11. Associate District Judge Dana Kuehn says Fisher must have another preliminary hearing to determine if there is enough evidence …
Chad Brown, chief of staff for the Louisiana Department of Insurance, has resigned. Insurance Commissioner Jim Donelon said Jan. 10 that Brown was leaving because of a “difference in philosophy.” Donelon did not detail the differences and refused to say …
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) proposed $118,350 in penalties against Round Rock, Texas-based TECO-Westinghouse Motor Co. for the alleged failure to protect employees from safety hazards. The citation follows a fatality at the facility …
Aon Corp, a provider of global risk management services, today announced that Mary Ann Krautheim has joined Aon Construction Services Group as its first National Client Strategy officer. Based in Minneapolis, Krautheim is one of a number of strategic hires …
Republican presidential candidate Rudy Giuliani said that his experience as New York City’s mayor during the Sept. 11, 2001, terrorist attacks is a big reason why he supports a national insurance backup fund. “Maybe I feel more strongly about this …
U.S. property/casualty insurers are expected to pay homeowners and businesses $6.5 billion for 2007 property losses from 23 catastrophes — the eighth lowest cost in a decade and the seventh lowest frequency for the same period, according to preliminary analysis …
