October 8, 2007
An update to Arkansas Workers’ Compensation Commission Advisory 2000-1 sets the new maximum workers’ comp rates for 2008 for total disability at $522 and permanent partial disability at $392. The new Advisory 2007-1 sets $169,650 as the new threshold at …
October 8, 2007
New York State officials say a plan to provide driver’s licenses to illegal immigrants with valid foreign passports will enhance security by creating records of their identities. But critics say those records could compromise security instead. New York has between …
October 8, 2007
Texas experienced 49 fewer railroad accidents — the largest decrease of any state — in the first half of 2007 than it did during the same period in 2006. The decrease was part of a trend of continuing railroad safety …
October 8, 2007
New report urges CEOs to take action now to ensure continuity of their businesses should a meltdown occur A major disruption to the Internet would not only be detrimental to businesses, public institutions and citizens, but also would cost the …
October 8, 2007
The need for solutions to address insurance costs and availability in natural catastrophe-vulnerable U.S. coastal regions — including a federal safety net — was the general theme at a public hearing in Mobile, Ala., on Sept. 24. Dozens of concerned …
October 8, 2007
The Supreme Court said late last month that it will decide a case that centers on whether federal regulation of pharmaceuticals preempts state law. The case involves a product liability lawsuit against Pfizer’s Warner-Lambert unit. A group of Michigan plaintiffs …
October 8, 2007
California retail agent-brokers not transacting insurance on behalf of surplus line broker organizations are not required to follow a new law affecting surplus lines brokers, the California Department of Insurance confirmed. CDI clarified the requirements after numerous questions arose from …
October 8, 2007
Overland Park, Kan.-based insurance agency franchisor Brooke Corp. has been hit with a number of lawsuits that raise questions about its business dealings with agents who bought into its nationwide operation, which now boasts some 800 locations. Brooke Corp. itself …
October 8, 2007
The U.S. House of Representatives has passed a measure updating the nation’s flood insurance program that will give homeowners the option of purchasing windstorm coverage as part of their flood policy. The legislation also reauthorizes the National Flood Insurance Program …
October 8, 2007
The Colorado Court of Appeals has ruled against State Farm Mutual Automobile Insurance Co., noting that the insurer’s exclusive use of a computer database to determine reimbursements of medical costs was unreasonable. The decision opens the door for a class-action …