While the increase in older workers in the American workforce could suggest a corresponding decrease in workplace productivity and increase in accident claims, the opposite has proven to be true, says a risk management firm. Older workers can be a …
The Louisiana Department of Insurance reported that a St. Martinville insurance company employee has been arrested, served with a cease and desist order, notice of license revocation and a fine for alleged misappropriation of premiums, felony theft, forgery and identity …
Texas Mutual Insurance Company reported that it saved or recovered $4.1 million through its workers’ compensation fraud investigations in 2008. According to the company, the $4.1 million includes: claimant fraud future savings of $2,185,170; restitution of $39,374 from claimants; restitution …
Hawai’i Insurance Commissioner J.P. Schmidt has released the final payments from the estate of the failed insurer HIH America Insurance Company of Hawai’i Inc. HIH Hawai’i has now paid 100 percent of its Hawai’i creditors in full. “Typically, insolvent companies …
The Oklahoma House has passed legislation that critics say limits workers’ compensation benefits for workers who suffer soft tissue injuries. House members voted 62-33 for the measure and sent it to the Senate for a vote. The bill by Rep. …
The top three reasons Washington consumers filed formal complaints against their insurance companies in 2008 were unsatisfactory settlement offers, claims denials, and delays, according to state’s Insurance Commissioner Mike Kreidler. And auto insurance was the most frequent topic of dissatisfaction. …
Louisiana Workers’ Compensation Corporation (LWCC) announced Peter Gale has joined the company as senior vice president of Insurance Services, a newly created position. Gale brings 23 years of commercial insurance experience with such companies as AIG, Kemper Insurance, Fireman’s Fund …
Wetsbrook, Connecticut-based insurance agency The Gowrie Group has officially opened its Newport, Rhode Island office. The office is located in the newly renovated 1831 Aquidneck Mill, which shares a 2.5 acre waterfront campus on the Newport waterfront with the International …
Saylor & Hill Co., a Barney & Barney LLC company, has announced that Shauna Thomas-Gilbert has joined the Employee Benefits Division. Formerly a vice president with Heffernan Insurance, Thomas-Gilbert brings nearly 20 years of industry experience specializing in insurance solutions …
The U.S. Senate passed a measure extending the nation’s flood insurance program through September 2009 last night. While the U.S. House of Representatives passed an extension to the National Flood Insurance Program (NFIP) through Sept. 30, 2009, under the omnibus …
