October 23, 2012
Connecticut Insurance Commissioner Thomas Leonardi announced a 30-day public comment period on the National Council On Compensation Insurance (NCCI) voluntary loss cost and assigned risk rate filing. NCCI is proposing that the insurance department approve a +7.1 percent change to …
October 23, 2012
Linda T. Hummel has been named president of the Employer Group Division for Humana Inc. in Texas. A 22-year veteran with Humana, Hummel will be responsible for the overall management and strategic planning for Humana’s statewide commercial operations and products, …
October 23, 2012
The cost per workers’ compensation claim in New Jersey rose following the end of the recession, according to a new study by the Workers Compensation Research Institute (WCRI). The study said a 10 percent increase in medical payments per claim …
October 23, 2012
About a dozen patients a year in Texas are billed by state hospitals for psychiatric care they were ordered to undergo by courts, a practice that has rankled criminal defendants committed to a hospital against their will, according to a …
October 23, 2012
Chicago-based TransUnion announced that Mark McElroy has joined the company as the new executive vice president of its insurance business unit. TransUnion’s insurance business unit provides a range of data and analytic offerings to insurance companies to assist with customer …
October 23, 2012
Allstate announced this month that it has expanded its usage-based auto insurance product, Drive Wise, to four additional states including New York and New Jersey. “Drive Wise rolled out in Colorado, Michigan, New Jersey and New York on October 8, …
October 23, 2012
Recent studies show that wild fish stocks around the world are declining faster than feared – with more than half of fisheries worldwide facing shrinking stocks. As a result the demand for farmed fish is intensifying and the aquaculture industry …
October 23, 2012
California Insurance Commissioner Dave Jones announced a 30.5 percent rate reduction, for “lender-placed” homeowners’ insurance coverage offered by American Security Insurance Co., an Assurant Inc.-owned company. The reduction will result in an estimated $42.7 million savings to homeowners, with an …
October 23, 2012
Texas Mutual Insurance Co., working in partnership with Care Providers Insurance Services, announced today that the Social Service Agencies of Texas (SSA) safety group has earned a $280,638 dividend. The workers’ compensation dividend was based largely on the group’s overall …
October 23, 2012
As the Texas State Fair came to a close Sunday, one big mascot’s absence continues to loom large over the fairgrounds. Big Tex, the towering, cowboy-hat-wearing icon of the State Fair for 60 years, went up in flames on Oct. …