A Washington state man has a hefty speeding ticket to pay after getting clocked at 130 mph on his new motorcycle in central Oregon. Sixty-one-year-old Gregory Zaser, of the wealthy Lake Washington enclave of Medina, east of Seattle, told the …
Professional athletes who spent most of their careers with teams in other states would no longer be able to file workers’ compensation claims in California under a bill that has passed the state Assembly. Supporters of the bill from Assemblyman …
One of Disneyland’s most popular rides finally reopened in May after the company declined to appeal a workplace safety case. The attraction was closed in April after state officials said safety rules were violated when a contractor fell and suffered …
Ascension Benefits & Insurance named Steven Ratto senior consultant in the company’s Walnut Creek, Calif. office. Ratto will be responsible for assisting clients to improve their benefits performance through strategic planning, financial analysis, customized plan design and administration. He will …
Montana Gov. Steve Bullock has made Montana the 43rd state to join the Interstate Insurance Product Regulation Commission. Bullock’s state joined the IIPRC upon his signing of Senate Bill 28. The IIPRC is a state-based regulatory modernization initiative designed to …
Dispute Resolution “This program represents another option consumers have to resolve disputes with their insurance companies.” —N.J. Department of Banking and Insurance Commissioner Ken Kobylowski on the state’s Superstorm Sandy dispute-resolution program that began on May 1. New Jersey residents …
Excitement is building for critical legislation, the “National Association of Registered Agents & Brokers (NARAB II) Reform Act.” The Independent Agents & Brokers of America (Big “I”) strongly supports this bill that streamlines nonresident licensing of agents and brokers to …
Risk retention groups (RRGs) continue to display strong and stable results, according to a recent analysis of year-end 2012 financial information. Demotech Inc., a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers, analyzed the …
For the workers’ compensation market, 2012 turned out to be a much better year than 2011, according to NCCI’s Chief Economist Harry Shuford. As the National Council on Compensation Insurance prepared for the release of its State of the Line …
Efforts to lower health care costs in the United States have focused at times on demands to reform the medical malpractice system, with some researchers asserting that large, headline-grabbing and “frivolous” payouts are among the heaviest drains on health care …
