Fourteen states and the District of Columbia told the federal government they could run their own health insurance exchanges, but three people leading their states’ exchanges have now left following problem-plagued rollouts of the online marketplaces. The executive director of …
Virginia’s State Corporation Commission (SCC) last week approved revisions to the premium levels charged for the state’s workers’ compensation insurance. Workers’ compensation insurance provides medical care and wage replacement benefits to injured workers. Almost all Virginia employers are required to …
BP Plc’s U.S. investors can’t pursue as a group claims that the company inflated its shares with misleading statements before and after the Gulf of Mexico oil spill, a judge ruled, citing a recent Supreme Court decision. Shareholders sought permission …
Workers’ compensation claims that result in no payment lead to millions of dollars in increased costs for employee group insurance plans, new research shows. Nationwide, so-called “zero-cost” workers’ compensation claims could cost group health insurance plans more than $200 million …
The Memphis Fire Department has inspected bay doors at all its stations after firefighters missed calls because they were trapped inside their station during a power outage. The Commercial Appeal reported a fatal house fire occurred on Nov. 27 while …
W. R. Berkley Corp. has named Gerald B. Bushey as president of its subsidiary, Carolina Casualty Insurance Group. Bushey succeeds Douglas J. Powers, who is retiring. Based in Jacksonville, Florida, Carolina Casualty serves the commercial transportation industry, writing intermediate and …
ING U.S. Inc. will begin selling fixed annuities through Allstate Corp. agencies as the largest publicly traded U.S. auto and home insurer ceases to offer its own brand of the retirement products. The deal gives ING U.S. access to one …
Five U.S. agencies will finish the Volcker rule tomorrow after more than three years of Wall Street resistance to its limits on trading and investing. Lawmakers and their allies who want to rein in big banks are ready to pounce …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Trinidad & Tobago Insurance Limited (TATIL), both with stable outlooks. Best said its ratings “reflect TATIL’s history of profitable overall operating …
ANV Holdings BV, the Dutch-headquartered specialty insurance business founded by CEO R. Matthew Fairfield, and Ryan Specialty Group, LLC (RSG) confirmed the successful completion of the previously announced transaction to combine their Lloyd’s managing agency operations, ANV Syndicate Management Limited …
