Monthly Archives: <span>March 2015</span>

Willis Appoints Paasch as Global Head of ART Solutions

Willis Group Holdings plc announced that it has “strengthened and expanded its alternative risk transfer (ART) expertise by appointing Marc Paasch as the Global Head of ART Solutions.” Willis explained that “ART solutions enable businesses to transfer traditionally uninsurable risks …

Vertafore Gathers Leading Agencies and Carriers For The Insurance Industry’s Leading Technology Conference, NetVU 2015

Over 3,000 Insurance Professionals Meet in Indianapolis To See Vertafore’s Latest Innovations Designed to Accelerate Growth For The Entire Insurance Ecosystem Bothell, WA, March 23, 2015 – Vertafore®, the leading provider of software that transforms the business of insurance, today …

Benefits Provided Under Workers’ Compensation Laws

Injuries or illnesses established as compensable under applicable workers’ compensation law require prescribed benefits be paid to the injured employee. Benefit limits and duration vary by jurisdiction but each state provides essentially the same three “classes” of benefits: Medical benefits; …

Talanx Q4 Profit Rose 17% on Measures to Restructure German Retail Division

Talanx AG, Germany’s third-biggest insurer, said fourth-quarter profit rose 17 percent helped by investment gains as it sought to restructure its German retail division. Net income increased to 239 million euros ($259 million) from 203 million euros a year earlier, …

Tennessee Hospital Patient Information Found in Public Recycling Bin

The Tennessee Department of Mental Health and Substance Abuse Services says its Office of Licensure is investigating after paperwork from a Franklin mental health facility was found in a public recycling bin. The Tennessean reports the paperwork was from an …

South Carolina Court Rules Stripper Shot at Club Entitled to Workers’ Comp

An exotic dancer who was shot at a Columbia, S.C., nightclub is entitled to workers’ compensation benefits for her injury, according to a ruling by the state’s highest court. The State newspaper reported that the South Carolina Supreme Court made …

Florida Residents Arrested for PIP Fraud Following Staged Accident

The Florida Department of Financial Services’ Division of Insurance Fraud announced the arrests of Fort Lauderdale residents Kendrick Callins and Lashaunda Gibbs for staging an auto accident, patient brokering and personal injury protection (PIP) insurance fraud. An investigation by the …

Kmart Asks Appeals Court for Trial Over Flooding in Mississippi Store

Kmart Corp. is asking a federal appeals court to order a trial in its lawsuit against a shopping center owner for flood damage to one of its stores in Corinth, Miss. Kmart contends it has evidence to support its arguments …

Louisiana P/C Self-Insurance Program Selects New Contractor

A new private contractor is being hired to oversee claims processing and loss prevention services for Louisiana’s self-insurance program. The Office of Risk Management announced that Sedgwick Claims Management Services Inc. was awarded a three-year contract that begins July 1, …

People – South Central

Waco, Texas-based Insurors Indemnity Cos. named Dave Talbert as president and chief executive officer. Talbert joined Insurors Indemnity in February 2014 with more than 25 years of industry experience, having previously been president and CEO of Hochheim Prairie Insurance Cos. …