In hopes of settling a stalemate in Washington’s special legislative session, Gov. Chris Gregoire has submitted a proposal that includes a claims settlement option for workers’ compensation claims. As part of the proposal, injured workers who are 55 and above …
Given the recent flooding, hurricanes and earthquakes, it appears the number of catastrophic events that inflict mass casualties and severe economic losses has increased — so much so that Dr. Erwann Michel-Kerjan, managing director of the Wharton Risk Management and …
California Assembly Member Anthony Portantino, 44th District, has proposed a bill aimed to level the playing field for brokers who help to secure workers’ compensation insurance from the State Compensation Insurance Fund. In AB 974, Portantino said State Fund’s practice …
Woe to the employer who is not attentive and actively engaged in health and safety.” That’s the warning the California Division of Occupational Safety and Health (Cal/OSHA) is giving employers in the Golden State that are at risk of committing …
The percentage of uninsured drivers in Washington has remained stable in spite of the economic downturn, according to the Insurance Research Council (IRC). A newly released IRC study, “Uninsured Motorists, 2011 Edition,” shows Washington’s 2009 uninsured motorist rate at 16 …
The University of California (UC) has redefined the rules of cyber liability insurance, using an approach that the university’s Chief Risk Officer Grace Crickette calls “reverse underwriting.” Collaborating with the university’s chief information officers, insurance brokers Price Forbes & Alliant, …
California Sen. Noreen Evans, D-District 2, has introduced legislation to grant explicit authority to the state Insurance Commissioner to order restitution as part of an administrative enforcement action against an insurance company. If passed, Senate Bill 631 would give the …
Woe to the employer who is not attentive and actively engaged in health and safety.” That’s the warning the California Division of Occupational Safety and Health (Cal/OSHA) is giving employers in the Golden State that are at risk of committing …
The Griffith Insurance Education Foundation recently brought together industry, government and academic leaders – many from disaster-prone coastal states for a symposium at Ohio State University. By the end of the symposium, which was titled “The Three Ms of Catastrophic …
California’s Workers’ Compensation Insurance Rating Bureau governing board has decided not to make a mid-year pure premium rate filing suggesting a 40 percent increase. Instead, the WCIRB will make an informational filing to provide data on cost drivers in the …
