Workers’ compensation insurance rates are decreasing in Louisiana, according to Commis-sioner of Insurance Jim Donelon. Donelon attributes the positive change to a significant drop in loss costs for insurers. According to the Louisiana Department of Insurance workers’ comp carriers in …
Three-quarters of consumers are very satisfied with the service provided by their insurance agents and remain committed to working with them in the future, according to a new survey of 1,000 American consumers commissioned by IBM. U.S. consumers want personalized …
Weather forecasters agree that the 2007 hurricane season, which runs from June 1 through Nov. 30, with peak activity in August through October, should be a busy one. The National Oceanic and Atmospheric Administration (NOAA) Climate Prediction Center says there …
Despite its high percentage of uninsured residents, Oklahoma trails 48 other states in garnering its share of federal funding to provide health care for those without insurance, according to state officials. Oklahoma has 11 federally qualified health centers, or FQHCs, …
N.Y. Gov. Spitzer brokers $2 billion settlement between Silverstein Properties and seven insurers New York Gov. Eliot Spitzer and Insurance Superintendent Eric R. Dinallo announced that they have negotiated a $2 billion settlement between Silverstein Properties and seven insurance companies …
Perched on the picturesque Rhode Island coastline, the 11 Newport mansions are a national treasure. Once a summer getaway for the country’s wealthiest industrialists, today the historic mansions are a tourist attraction for 750,000 visitors each year. Yet, as lovely …
Weather forecasters differ somewhat in their methodologies and numbers but appear to agree on one matter: the 2007 hurricane season looks to be a busy one along the Atlantic and Gulf coasts. They predict that anywhere from seven to 10 …
A federal jury in a civil case recently that a former Brightpoint executive violated U.S. securities laws by helping a colleague create a finite reinsurance scheme to conceal millions of dollars in losses by the Indiana cell phone distributor. The …
Risk Management Solutions has withdrawn a short-term, five-year hurricane forecasting model submitted for approval to Florida officials after being told the model did not meet required standards. Mitch Sattler, RMS vice president, said representatives of the Florida Commission on Hurricane …
Workers’ compensation insurers and the state regulator have agreed upon a 16.9 percent average decrease in workers’ compensation rates in Massachusetts starting Sept. 1, 2007. The industry’s Workers’ Compensation Rating and Inspection Bureau of Massachusetts (WCRIB) had submitted a bid …
