Pinnacol Assurance, Colorado’s quasi-governmental workers’ compensation insurer, has submitted a potential separation agreement to Colorado Gov. Bill Ritter that would establish Pinnacol as a domestic mutual insurance company owned by its policyholders in exchange for $330 million that could help …
A Connecticut State Senator thinks things have become too chummy between the state’s insurers and the commissioner of the state’s insurance department. To fix it, he says he would like to make the commissioner’s office an elected position. Senator Edward …
The Navigators Group’s principal underwriting agency subsidiary, Navigators Management Co., Inc., has introduced its Convergence policy, which will provide enhanced professional liability coverage to IT consultants, software developers, business process outsourcing firms, and providers of web-based services and other technology …
Medicus Insurance Co. has created an endorsement that gives insureds coverage for unintentional network security, billing, regulatory and privacy violations. The new endorsement is called Medicus Advantage Gold. The Medicus Advantage Gold endorsement has been added to all Medicus policies …
Thirty-one people covered by the Oregon’s workers’ compensation system died on the job during 2009, the Department of Consumer and Business Services (DCBS) announced. That total brings the average number of workers who died on the job during the past …
While 2009 was a tough year to do business, state and city leaders say 2010 and 2011 will be even tougher — the outcome of which could have negative implications for the insurance industry. A number of states are struggling …
The Texas Fifth District Court of Appeals in Dallas issued an opinion on March 16, 2010, ruling that sanctions imposed against Texas Mutual Insurance Company related to a workers’ compensation case were improper. The company announced that the appeals court …
The Army Corps of Engineers will begin taking proposals next month for permanent replacements for pumps and floodgates at the three canals where waters poured into New Orleans after Hurricane Katrina, officials said March 16. An agreement that accommodates proposals …
Oklahoma Senate Republicans are continuing their push to completely overhaul Oklahoma’s workers’ compensation laws, arguing the system is too expensive for businesses. The Senate Judiciary Committee has approved a half-dozen workers’ compensation bills, most of which drew opposition from Democrats …
When the swollen Red River threatened his house in Moorehead, Minn., last spring, all Mark Baumgardner could do was pack up, leave and hope he wouldn’t lose everything, since didn’t have flood insurance. In the end, his house was spared. …
