A Texas insurance company has filed to offer an optional endorsement to its homeowners insurance policy that would require mandatory arbitration in claims disputes in exchange for a premium discount, and the head of the Office of the Texas Public …
The shoe may eventually be placed on the other foot for the U.S. This nation has a long-standing tradition of innovating products and ideas – particularly insurance products – and then exporting them to other countries. Now the U.S. may …
That’s one small step for drones, and no steps needed for mankind. Autonomous drone transport for humans. Why not? We’re eventually getting autonomous cars so you don’t have to do the driving, and drones are all the rage – although …
The State Compensation Insurance Fund is seeking to cut its workers’ compensation rates, per a recent filing with the California Department of Insurance. The rate filing also includes an overall 9.5 percent rate reduction due to improvements in State Fund’s …
The Florida Supreme Court has delivered another blow to Florida’s workers’ compensation system with a ruling today that the state’s statutory 104-week cap on temporary disability benefits is unconstitutional. The Florida Supreme Court ruled 5-2 in favor of the of …
At least one insurer in Texas has filed to add an endorsement to the homeowners policy that would require mandatory mediation-arbitration in claim disputes. The endorsement would be attached to a homeowners policy at the policyholder’s option, with a premium …
A New Jersey appeals court upheld a decision by New Jersey regulators to approve a new alliance formed by the state’s largest health insurer. The New Jersey Department of Banking and Insurance didn’t break the rules when it approved Horizon …
More than a half million Missourians are at risk because of the contracting earthquake insurance market, Missouri Department of Insurance Director John M. Huff said during the recent Heartland Insurance Symposium in Kansas City, Mo. Huff discussed the near record …
A federal appeals court has voided a $30 million settlement in a class-action lawsuit against Blue Cross Blue Shield of Michigan involving price-fixing allegations. The 6th Circuit Court of Appeals said that key details of the settlement were wrongly sealed …
Peoria, Ill.-based specialty insurer, RLI Corp., promoted Dan Meyer to president of the RLI Transportation Division. Meyer succeeds Dave Dunn, who recently departed the company to pursue other opportunities. Meyer joined RLI in 2000 as a claim manager and transitioned …
