Monthly Archives: <span>August 2012</span>

Democrats, Republicans Offer Rival Views to Control Health Costs

Democrats and Republicans agree that the next U.S. president will have to contend with rising healthcare costs that pose a growing, destabilizing burden for families, employers and government budgets. But two articles published in the New England Journal of Medicine …

Mass. Healthcare Cost Containment Measure Aims to Save Up to $200B

Massachusetts lawmakers have given final approval to a bill designed to save up to $200 billion in health care costs over the next 15 years. Legislative leaders say the bill will help guarantee the future of the state’s landmark health …

One Size Does Not Fit All When Motivating a Sales Team

When a company’s sales numbers lag, its sales executives often blame the compensation package and take steps to change the way they reward their sales employees. In the meantime, finance executives view sales force compensation as a major expense and …

$10.4M to Be Distributed to Kansas Firefighters

More than $10.4 million will be distributed among 578 local Firefighters Relief Associations (FRAs) across Kansas, state insurance regulators report. Kansas Insurance Commissioner Sandy Praeger is currently making the annual funds distribution to state and local firefighter relief organizations. The …

Defendant in Louisiana Bribery Case Enters not Guilty Plea

The Kenner, La., businessman accused of bribing former Jefferson Parish President Aaron Broussard has pleaded not guilty in federal court in New Orleans. Bill Mack entered the plea to conspiring to bribe Broussard during his initial appearance before U.S. Magistrate …

Illinois’ Millers First Insurance Co. Agrees to Rehabilitation

Illinois insurance regulators reported that Millers First Insurance Co. (Millers First) has agreed to be placed into rehabilitation. While the Alton, Ill.-based company is in rehabilitation, Illinois Department of Insurance (DOI) Director Andrew Boron, as rehabilitator, will continue the payment …

Missouri Supreme Court Strikes Down Non-Economic Damage Cap

Missouri’s top justices have ruled that the state’s law placing limits on the amount juries can award for non-economic damages in medical malpractice lawsuits is unconstitutional. The state Supreme Court said the law — which places a $350,000 cap on …

Oklahoma Forester: Wildfire Danger Increases as Drought Persists

A deepening drought and persistent 100-degree temperatures are turning forests and crops into tinder boxes and increasing the danger of wildfires across the state, Oklahoma’s top forester said. Oklahoma State Forester George L. Geissler said the entire state is experiencing …

Prop. 33 Proponents: Ballot Writers Don’t Understand Insurance Industry

As proponents of California Proposition 33 await a hearing on a lawsuit they filed to change some wording in voter guide statements for the upcoming November election, they’re hoping to avoid the damage that could be done by language they …

Study: Oil Spill Dispersants May Have Hurt Gulf Food Chain

A study on possible effects of the 2010 BP oil spill indicates dispersants may have killed plankton — some of the ocean’s tiniest plants and creatures — and disrupted the food chain in the Gulf of Mexico, one of the …