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

Medical Cost per Worker High in Wisconsin; Utilization Low

Higher medical costs per claim in Wisconsin are offset by much lower utilization of medical services in the state’s workers compensation system. As a result, medical payments per workers’ comp claim in Wisconsin were typical among 15 states for 2005/2008 …

Guarini Joins Coface North America in Houston

Coface North America announced that Lou Guarini has been appointed senior agent/credit management specialist in its Houston office. Guarini brings many years of experience to this position. He began his career with Prudential Insurance and also worked with Dun & …

Florida Gubernatorial Candidates Sink, Scott Address Citizens, Safety

Florida Republican Rick Scott says that if he is elected governor he will require state-backed Citizens Property Insurance to stop offering multi-peril policies in order to bring its costs in line with premiums, while Alex Sink, Democratic candidate, supports moving …

Berkley: Country’s State of Mind Will Drive Economic Recovery

Economic recovery in the United States is now very dependent on the state of mind of the American public and its business leaders, according to William R. Berkley, founder, chairman and CEO of W.R. Berkley Corporation. “No one in Washington …

Chubb Establishes Healthcare Information Technology Program

Health care reform has spawned a host of privacy, information security and other liability exposures for the emerging healthcare information technology industry. In response, the Chubb Group of Insurance Companies has established a program to address the industry’s specialized risk …

Safeco Insurance Expands in Missouri

Safeco Insurance, a member of Liberty Mutual Group, has opened its new office in Fenton, Mo. Liberty Mutual also plans to hire 100 additional employees in St. Louis County over the next two years. With a seven-year lease agreement, Safeco …

Court Orders Employer to Pay $100K to Texas Mutual

A Travis County district court has sentenced Joffrey Majors of Parker, Texas on workers’ compensation fraud-related charges. The court sentenced Majors to four years’ deferred adjudication and ordered him to pay $100,000 to Texas Mutual Insurance Co. Majors operated Ameripro …

Midwest Pummeled by Storms

A massive storm making its way through a big chunk of the United States brought a bit of everything: strong winds, rain, tornadoes and now even some snow for parts of the Midwest. The storm packed wind gusts of up …

Allstate: Texas House Fires Drop by 15%

The frequency of Texas home fires dropped 15 percent among Allstate customers during the first half of 2010, when compared to the same period last year. This decrease puts fire frequency back in line with historical levels, after Allstate saw …

Mississippi Executive Wins $103 Million in Lawsuit Against Lawyer

A Mississippi businessman has been awarded $103 million in a lawsuit against the Chicago-based law firm that he accused of defrauding his oil and gas business. Lavon Evans Jr. filed the lawsuit in Jones County Circuit Court in Mississippi in …