September 5, 2012
Thousands of flood insurance claims are being filed in the wake of Hurricane Isaac, a slow-moving storm that hammered several parishes in southern Louisiana with prolonged, drenching rains and tropical-storm force winds, leaving water damage in parishes that don’t typically …
September 5, 2012
Reaction to a decision by State Compensation Insurance Fund to restructure its broker distribution model has ranged from guardedly optimistic to visceral the day following the announcment. Under the new deal announced on Tuesday premium thresholds are being established to …
September 5, 2012
Salt Lake City, Utah-based The MGIS Companies Inc., a provider of insurance products and services specifically for physicians, named Michael G. Green vice president of IT operations. Green will lead the development and implementation of strategic IT systems for MGIS …
September 5, 2012
California’s State Compensation Insurance Fund will now require most of the roughly 5,000 brokers and agents the entity deals with to go through one of two wholesalers. An estimated 3,500 agents and brokers will be impacted. With the new deal, …
September 5, 2012
When Donald Yost tried to refinance his home about 30 miles north of Pittsburgh in January, he met a roadblock. It wasn’t his credit score — he had a solid rating — or the appraisal he’d paid almost $500 for …
September 5, 2012
Connecticut Workers’ Compensation Commission issued its annual report on Sept. 1. The Commission touted a number of accomplishments for the fiscal year 2012, including: providing more effective and efficient services; improved monitoring of hearing backlogs; and enhanced online capabilities.”During the …
September 5, 2012
It appears that Louisiana Citizens Property Insurance Corp. may not have to draw on its Pelican Re catastrophe bond, after all. In an interview with The (Baton Rouge) Advocate, Louisiana Insurance Commissioner Jim Donelon said he expects claims to the …
September 5, 2012
New York authorities announced last week that a Long Island, N.Y., man has been arrested and charged with multiple felonies after allegedly stealing more than $648,000 in premiums from a client and spending the money on country club memberships, luxury …
September 5, 2012
A federal lawsuit says Nogales, Arizona police wrongly used a stun gun on a disabled man after officers mistook his seizure for criminal activity. The Nogales International reported that 40-year-old Diego Lerma claims in a federal lawsuit filed in July …
September 5, 2012
An Albuquerque police lieutenant is accusing the department and top city leaders of passing over him and others in order to promote lesser-qualified officers. The reverse-discrimination claim filed by Lt. Gregory Callaghan says the department promoted unqualified minorities and women …