The National Council on Compensation Insurance Inc. (NCCI) published on April 8 its annual workers’ compensation issues report. Included in the report is a legislative and regulatory outlook across the country. The following is a summary of some of the …
The Independent Insurance Agents & Brokers (Big “I”) recently awarded agent Cloyce Anders of North Carolina with the Woodworth Memorial Award, the highest honor the association bestows on one of its members, during the annual Big “I” Legislative Conference. The …
The Florida Supreme Court has declined to review the state’s no-fault automobile insurance personal injury protection (PIP) reforms that were designed to lower the cost of the coverage by targeting fraud and restricting emergency medical services. Parts of the 2012 …
There are essentially two types of workers’ compensation fraud – premium fraud and claimant fraud – and insurance producers can play a role in the discovery and resolution of both, according to one investigator who has brought some 800 cases …
Specialty Insurance Managers Inc., a managing general agent based in Austin, Texas, hired Chris Hayes, a former Lloyds of London underwriter, to oversee a new high value homeowners insurance program in Texas, New Mexico, Arkansas, Oklahoma, Missouri and Kansas. Hayes …
1. Monday Morning: The alleged injury occurs first thing on Monday morning, or the injury occurs late on Friday afternoon but is not reported until Monday. 2. Employment Change: The reported accident occurs immediately before or after a strike, job …
The transition of Oklahoma’s workers’ compensation system from a court-based system to an administrative one became effective Feb. 1, a change that proponents say will lower costs and help make the state more competitive in attracting businesses. In May 2013, …
Payments per claim for the medical care of injured workers in Texas grew nearly 8 percent in 2011, largely the effect of price increases from earlier reforms, according to a 16-state study by the Workers Compensation Research Institute (WCRI). WCRI’s …
Rescuers were still looking for people missing after Monday’s tornado when Louisville and Winston County officials started thinking about long-term recovery. The county of 19,000 people in east Mississippi faces three major challenges — housing for hundreds left homeless, rebuilding …
Marsh & McLennan Companies Inc. (MMC) reported underlying revenue growth in the fourth quarter of four percent, an increase in adjusted operating income of 11 percent and continued margin expansion in both its Risk and Insurance Services and its Consulting …
