Workers’ compensation total costs per claim in Michigan are among the lowest of 15 states, and the growth of these costs in Michigan over time has been more stable than in most other study states, according to a new study. …
West Virginia may be on the path to helping municipalities pay for debris removal of abandoned buildings with insurance payments in a way that insurers can live with. The issue of how to pay for the cleanup has irked property …
A fine issued to Walt Disney World by a federal workplace safety agency for a serious violation that contributed to the death of a worker during a summer monorail accident has been reduced by 20 percent. Disney had been fined …
A substantial number of AIG’s Financial Products employees set to get some $195 million in retention payments no longer work with the bailed out insurer, sources familiar with the matter said Wednesday. This will be the latest round of retention …
Standard & Poor’s Ratings Services stated that its ratings on Japan’s financial institutions and insurance companies “would be unaffected by the debt forgiveness requested by Japan Airlines Corp. (JAL) to lenders as part of its bankruptcy procedures under the Corporate …
London-based Miller Insurance Services Limited announced that Brian Connolly has joined its Energy, Property & Casualty business unit. He has more than 30 years’ experience in the insurance market, previously as an underwriter and since 1992 as a broker, “in …
Hopes for stronger world action in 2010 to curb climate change have dimmed after the U.S. Democrats lost a key Senate seat to a Republican opposed to capping emissions, experts said Wednesday. The election of Republican Scott Brown, an opponent …
Life insurer and fund manager AXA Asia-Pacific Holdings Ltd expects to report a forecast-beating profit for 2009, putting pressure on rival bidders to raise their offers in a $12 billion battle for the company. AXA Asia-Pacific, which is being circled …
The Hanover won’t have to pay $26,000 in claims on behalf of a Connecticut contractor who accidentally knocked over the house he was working on, a Connecticut Superior Court has ruled. The decision comes from a lawsuit by homeowner James …
Soderberg Insurance Services of Lynnfield, Mass. has hired Elba Reyna as account executive. Reyna will handle primarily personal lines customers and will provide assistance to the Spanish-speaking clients of the firm. She has over 10 years of experience in personal …
