More often than not, a second wave of claims against insurance agents by their clients follows a natural disaster. For the most part, the types of allegations and claims that surface after a catastrophe are the same as those made …
Property/casualty insurance executives believe that the U.S. economy is still not on the right track. According to a survey conducted by the Insurance Information Institute, 77 percent of P/C leaders hold this view. The I.I.I. conducted a survey at its …
Every Family “We’ve lost a generation of people to prescription pill abuse. It’s a problem that has affected every family in the commonwealth, just about, as far as I can see.” —Kentucky Attorney General Jack Conway on his state’s campaign …
A review by Florida’s chief inspector general contends that employees at the state-created Citizens Property Insurance racked up excessive travel expenses over an eight-month period. Florida Gov. Rick Scott ordered a review of expenses at the insurer following a report …
The financially troubled Kentucky School Boards Insurance Trust will disband, forcing school districts to search for new workers’ compensation, property and liability insurance providers. The closure means financial consequences for all of the state’s 174 school districts, which will have …
Don Parkes, an insurance executive with 18 years of experience in catastrophe risk management, has been named vice president of sales for the American Association of Insurance Services (AAIS), a national insurance advisory organization that develops policy forms and rating …
Florida doctors are disputing a state report saying drugs they dispensed directly to patients are raising workers’ compensation rates. The Florida Medical Association said that doctors have been unfairly targeted in a report issued by the Office of Insurance Regulation …
Employees who like their 401(k) retirement savings account are going to love what healthcare reform does to their employer-provided health plan. In the future, more employers are expected to adopt defined contribution healthcare plans. Instead of providing coverage, they will …
The Department of Industrial Relations recently announced its new regulations implementing provisions of California’s workers’ compensation reform law. The law, Senate Bill 863, takes effect in several stages, and DIR was tasked with forming regulations to give the teeth to …
A pending legal battle that could expose wholesalers in California to more lawsuits was the centerpiece of talk at the California Insurance Wholesalers Association conference in San Diego in mid-January. During the three-day conference, “2013 California Wholesaler Industry Days,” a …
