Monthly Archives: <span>September 2010</span>

MMIC Expands Insurance Services to Kansas and Missouri

Medical professional liability insurance provider, MMIC Group, recently announced its entry into the Kansas/Missouri marketplace. According to MMIC President and CEO Bill McDonough, “As consolidation of healthcare continues to occur, many of our existing clients are crossing state borders. It …

Crews Battle Utah Wildfire Sparked at Firing Range

A wind-stoked fire sparked at a firing range during a National Guard training session blazed across hundreds of acres, as crews rushed to keep it from reaching any more than the estimated four homes that burned on Sunday. The roughly …

Fargo-Moorhead Red River Diversion Plan Delayed

The Army Corps of Engineers said that a diversion plan for the Red River in the Fargo-Moorhead area will be delayed because it needs to study the project more. The agency said the move is necessary because the effects downstream …

Schinnerer Develops New Coverage for Design, Construction Industry

Victor O. Schinnerer & Company, Inc. has developed project specific professional liability coverage for firms entering into integrated project delivery (IPD) contracts. The new IPD policy includes professional liability, pollution incident liability, and contractors design liability coverages. Lead designers, general …

Iowa State Univ. Flood Damage Estimated at Up to $50M

Flooding that struck Iowa State University in August caused up to $50 million in damage and other costs, but the school started fall classes on time and won’t have to replace any of the major campus facilities that sustained damage, …

Employers Names Two VPs

Reno, Nev.-based Employers announced it has named Stephen Hedglin vice president of business development for stragetic partnerships and alliances. It also has named David Morton vice president of sales, strategic partnerships and alliances. Hedglin will focus on prospective partnerships and …

Ariz. Appeals Court: Vendor-Reviewed Bills Standard in Workers’ Comp Industry

The Arizona Court of Appeals has affirmed a 2008 Maricopa County Superior Court decision that SCF Arizona paid a “reasonable amount” to two ambulatory surgical centers, rejecting their argument that SCF violated state law by using a bill reviewer to …

U.S. Treasury Plans Public Auction of The Hartford Stock from TARP

The U.S. Department of the Treasury plans a secondary public offering of 52 million warrants to purchase the common stock of The Hartford Financial Services Group, Inc. at a minimum bid of $10.50 per warrant. The Treasury said that proceeds …

Texas Workers’ Comp Weekly Benefit Rates to Drop Slightly in 2011

The Texas workers’ compensation state average weekly wage for dates of injury from Oct. 1, 2010, through Sept. 30, 2011, is set at $766.34, the Texas Department of Insurance Division of Workers’ Compensation announced. The maximum weekly benefit rates for …

Texas Commissioner: Health Insurance Reforms Effective Sept. 23

The federal Patient Protection and Affordable Care Act (PPACA) and related Health Care and Education Reconciliation Act, enacted by Congress in March 2010, include significant insurance market reforms effective for most group and individual health insurance policies with plan years …