March 7, 2011
A non-profit workers’ compensation research organization that maintains its work is objective has found itself at the center of a controversy in North Carolina over whether to trim workers’ compensation benefits. A group of trial lawyers has alleged that the …
March 7, 2011
It is no secret that the restaurant industry has been in a slump. As families have cut back on eating out, restaurants have suffered three straight years of a decline in business: -.2 percent in 2010, -2.8 percent in 2009 …
March 7, 2011
Rising seas spurred by climate change could threaten 180 U.S. coastal cities by 2100, a new study says, with Miami, New Orleans and Virginia Beach among those most severely affected. Previous studies have looked at where rising waters might go …
March 7, 2011
Restaurant industry sales are expected to reach a record $604 billion and post positive growth in 2011 after a three-year period of negative real sales growth. The 2011 forecast from the National Restaurant Association (NRA) projects an industry sales increase …
March 7, 2011
Rates for architects and engineers professional liability insurance, which have been stable, are expected to go up this year, a new study reports. A number of leading insurance companies offering this coverage expect to raise premium rates in 2011 up …
March 7, 2011
Jennifer McPhillips has been promoted to senior director of federal government affairs for the Independent Insurance Agents & Brokers of America (the Big “I”) and will serve as one of the association’s Democratic lobbyists on the group’s bipartisan Capitol Hill …
March 7, 2011
It’s not very often that private insurers, state regulators, lawmakers and consumer groups are all on the same page on an insurance issue in Florida—or any state, for that matter. But this miracle is taking place in Florida. The agreement …
March 7, 2011
North Carolina Insurance Commissioner Wayne Goodwin has called for a June 21 public hearing on a proposed 20.9 percent rate increase in dwelling fire and extended coverage rates after the Department of Insurance ruled that some portions of the filing …
March 7, 2011
An audit has found the Kentucky Workers’ Compensation Funding Commission paid about $510,000 to a private financial adviser when the law requires it to use state-employed advisers. State auditor Crit Luallen said the commission has paid Morgan Stanley Smith Barney …
March 7, 2011
Georgia Insurance Commissioner John Oxendine issued himself several licenses to sell insurance and adjust claims in his last full day in office, according to a newspaper report. Oxendine used his authority as the state’s top insurance regulator to waive requirements …