April 2, 2018
Texas insurance regulators placed into receivership and started the process of liquidating a Texas-domiciled/Atlanta, Georgia-headquartered property/casualty insurance company that the insurance department says is insolvent. Access Insurance Co. is primarily a provider of non-standard auto insurance and is licensed in …
April 2, 2018
The Indiana General Assembly passed legislation that adopts a drug formulary for the state’s workers’ compensation system. SB 369 was sent to Gov. Gov. Eric Holcomb for his signature on March 21. The Property Casualty Insurers Association of America (PCI) …
April 2, 2018
Independent insurance broker ONI Risk Partners (ONI) has hired Mike Loveless as a commercial risk adviser in ONI’s Fort Wayne, Indiana, office. Loveless most recently worked for JPMorgan Chase as a branch manager. He brings an established track record of …
April 2, 2018
Using prescribed opioids adds significant time to temporary disability taken by workers with work-related lower back injuries, according to a new industry study. Temporary disability is time that workers spend away from work recovering from their work-related injuries. Longer-term opioid …
April 2, 2018
Indiana Gov. Eric Holcomb has declared that 35 counties are covered by disaster emergency declarations due to widespread flooding and infrastructure damage caused by sustained heavy rainfall in February and March. Insurance Commissioner Stephen Robertson issued a 60-day cancellation moratorium …
April 2, 2018
An Ohio auto parts manufacturer has agreed to a settlement that includes a $1 million penalty resulting from workplace health and safety violations, federal safety officials said. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) said in …
April 2, 2018
The Insurance Industry Charitable Foundation (IICF) says more than $400,000 was raised for the IICF Midwest Community Grants Program at its 7th annual Midwest Division Blazing the Trail Benefit, on March 8 in Chicago. More than 350 insurance professionals and …
April 2, 2018
A.M. Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” from “bbb+” of Great Plains Casualty Inc. (Great Plains) in …
April 2, 2018
Officials in South Carolina say a rising number of staged automobile crashes are becoming a problem in the state. The Post and Courier of Charleston cited authorities who said faked crashes were part of a scam that resulted in charges …
April 2, 2018
The death toll from Hurricane Irma’s catastrophic rampage across the Caribbean and the southeastern U.S. has risen to 44 fatalities directly caused by its strong winds and heavy rains, plus 85 fatalities indirectly linked to the storm, according to a …