Monthly Archives: <span>June 2009</span>

Study: California Workers’ Comp Claims Climbed 23%, Despite Reforms

A new California Workers’ Compensation Institute study on post-reform changes in California workers’ compensation medical payments confirms that since accident year (AY) 2005, insurer payments for treatment, pharmaceuticals and durable medical equipment (DME), med-legal reports, and medical management have grown …

Colorado’s Storm Damage Estimated at $161.1 Million

For the past eight days Mother Nature has taken Coloradans on a wild weather ride — starting June 7 with a tornado and damaging hail in Aurora and the South Metro area, then pounding Northern Colorado with golf-ball and baseball-sized …

California El Camino Association Installs New Officers

The California El Camino chapter of the Chartered Property Casualty Underwriters Society has installed new officers and directors for 2009-2010. New officers are: President Peggy L. Brennan of Zenith Insurance; President-Elect Vernon Roske of State Farm Insurance; Vice President Carol …

Officials Looking to Catch Few Bad Apples Among P/C Insurance Agents

Those who track insurance criminals for a living say that as the economy has worsened, insurance fraud has been on the rise– and they are on the alert for any jump in fraud by property/casualty agents and brokers. These days …

Aquiline to Buy Conning & Co. from Swiss Re

Private equity firm Aquiline Capital Partners LLC, which is run by Jeffrey Greenberg, said Tuesday it agreed to buy insurance services provider Conning & Co. from Swiss Reinsurance Co. Ltd. Terms of the deal were not disclosed. Hartford, Connecticut-based Conning …

Lawmakers Want to Improve New Jersey’s Storm Preparedness

There have always been lingering concerns over how New Jersey would be able to quickly evacuate large numbers of people during hurricanes or other natural disasters, especially among coastal residents. And with that in mind, the Assembly may consider legislation …

State Farm Could Owe $0 to $1 Billion to Texas Consumers

The years-long struggle between the State of Texas and State Farm Insurance Company over homeowners insurance overcharges may be coming to a close soon, as Texas Insurance Commissioner Mike Geesling is expected to rule on the case this summer. Pick …

Maryland Hospital Fined after Failure to Report Errors

Maryland health officials say Doctors Community Hospital has been fined after failing to report that a patient died and at least seven others suffered serious harm as a result of mistakes by the medical staff. The 185-bed medical surgical hospital …

Insurer Complaint Data Released by Missouri Insurance Department

The Missouri Department of Insurance’s annual complaint index report has been posted at the department’s Web site, insurance.mo.gov, under the Information About Insurers section. Users can search more than 10,000 complaints against more than 600 insurance companies doing business in …

Central Oversight of Levees Needed, Arkansas Lawmakers Told

Arkansas is putting its residents and economy at risk by failing to adopt a centralized system for flood-levee oversight, the state’s lawmakers have been told. Representatives from the Arkansas Natural Resources Commission recently reported to members of the Legislative Joint …