Hurricane Andrew struck Florida on August 24, 1992, and the tumult it created for the property insurance market in the state has not ceased in the 20 years since, according to the insurance industry. An Insurance Information Institute white paper, …
A New Jersey workers’ compensation judge recently ruled that a thrift store volunteer cannot be considered as an employee for the purpose of determining compensability. A 50 percent store discount for volunteers doesn’t qualify as sufficient financial consideration to meet …
Several big name hedge fund managers opened sizable stakes in health care insurance companies during the second quarter, and David Einhorn’s bet on Coventry Health Care Inc. may already be paying huge dividends for the closely watched investor. On Monday …
The Pennsylvania Insurance Department announced Monday the results from its second-quarter enforcement actions. Regulators said the Insurance Department’s Office of Market Regulation closed 83 enforcement actions and market conduct examinations and 3,618 written consumer complaint and inquiries between April and …
An emerging El Nino weather pattern is likely to have only a modest impact on crops and mining in Australia and could benefit sugar cane growers in Queensland, a senior forecaster said. Drier conditions have already settled in over much …
Luxembourg-based Flagstone Reinsurance Holdings, S.A. announced that it has completed the planned sale of its Lloyd’s segment to a wholly-owned subsidiary of ANV Holdings BV for approximately $49.7 million in cash. “As a result of the transaction, the Company is …
The widows of two West Virginia coal miners killed in a 2006 fire want the state Supreme Court to rule that private and federal mine safety inspectors can be held legally liable when workers die as a result of their …
A Southaven, Mississippi woman has been arrested for fraud and charged as a habitual offender. Authorities accuse her of faking a fall at the Ramada Inn in Horn Lake to collect insurance money. The Mississippi attorney general’s office said 36-year-old …
Some of Minot, N.D.’s temporary flood housing units could end up being donated or sold. North Dakota U.S. Sen. John Hoeven says the Federal Emergency Management Agency is drafting a policy to allow the trailers to be donated to the …
California’s State Compensation Insurance Fund named Marjorie Hutchings its Chief Information Officer. Hutchings, who was senior vice president for infrastructure engineering at State Fund, will transition to her new role as chief of the division that provides IT operations support …
