Beazley has launched a new excess policy for the U.S. market that significantly expands the protection available to firms that fall victim to impersonation scams by fraudsters convincing employees to wire funds to external accounts. According to Beazley, this and …
A West Virginia doctor accused of illegally distributing painkillers to three patients who later died has been sentenced to 20 years in federal prison. Dr. Michael Kostenko, who faced 22 charges, admitted at the second day of his trial in …
The Tennessee Valley Authority says it is installing 24 more monitoring wells at a coal-fired power plant where high levels of arsenic and lead were found in groundwater. A TVA statement Aug. 24 said it continues to investigate how the …
S.S. Nesbitt & Co. Inc., a Southeastern insurance agency and division of EBSCO Industries Inc., has appointed insurance veteran Paul Barber as president. Barber comes to S.S. Nesbitt after having spent 25 years in a variety of leadership roles at …
With Texas still being lashed by rain and rescues still underway, President Donald Trump vowed that the government’s response to Hurricane Harvey would serve as a model for disaster recovery. “We want to be looked at five years, 10 years …
A new study shows the prevalence of opioids in workers’ compensation claims involving mental health. The study by the California Workers’ Compensation Institute tracks changes in the prevalence, volume and strength of opioid prescriptions in California work injury lost-time claims …
The California Department of Insurance announced that it will hold a public hearing on Oct. 5 to consider the Workers’ Compensation Insurance Rating Bureau’s Jan. 1, 2018 pure premium rate filing. The filing was submitted to the CDI on Aug. …
California Gov. Jerry Brown has named Katherine Zalewski chair on the California Workers’ Compensation Appeals Board. Zalewski served on the board since her appointment by Brown in 2014. Prior to her appointment, she joined the Department of Industrial Relations as …
While it’s too early to accurately quantify the insured losses related to Hurricane Harvey, primary insurance carriers — as opposed to reinsurers — would retain the majority of losses, according to analysts at S&P Global Ratings. Regional and local primary …
Illinois Gov. Bruce Rauner has vetoed another workers’ compensation reform bill that was strongly opposed by the insurance industry. He has nixed HB2525, which would have required pre-approval of workers’ comp insurance rates. The legislative analysis of the bill stated …
