June 20, 2022
Jerry Harwood couldn’t collect workers’ compensation benefits after he was paralyzed when he was struck by a car while trying to cross US Route 66 after leaving his workplace. But a split decision by the Oklahoma Supreme Court gives him …
June 20, 2022
The U.S. Supreme Court decided on June 6 that it will not hear an appeal of a decision that denied coverage for losses caused by COVID-19 shutdown orders, effectively closing the last door for such claims in the federal court …
June 20, 2022
A 24th woman filed a civil lawsuit alleging sexual misconduct by Cleveland Browns quarterback Deshaun Watson, who is also awaiting possible discipline from the NFL. The latest lawsuit was filed in Houston by attorney Tony Buzbee, who is representing all …
June 20, 2022
Baby boomers are retiring sooner rather than later. In fact, by 2030, all baby boomers will have turned 65, which adds up to some 75 million potential retirees. Many put their life’s work into building sustainable businesses, including insurance firms. …
June 20, 2022
The U.S. coal industry may be shrinking rapidly as the country shifts to renewable energy, but insurers’ and self-insured companies’ liabilities for black lung occupational disease claims have ballooned – to an estimated $9 billion and perhaps more than $14 …
June 20, 2022
Thirty years ago, when you baked a cake for a kid’s birthday party, it was most likely from a box — just add oil, water, and maybe an egg. No heavy lifting required. But times, and people, have changed. Today, …
June 20, 2022
The U.S. medical professional liability insurance (MPLI) market saw an improvement in financial performance in 2021 but its combined ratio remained an unprofitable 108 and a return to profitability is unlikely, said Fitch Ratings. Fitch said it expects results to …
June 20, 2022
I read an article written by a former carrier CEO who is now a consultant and private equity backer to insurance ventures. The main point of the article was that insurtech, or any paradigm shifting insurance entity, will not really …
June 20, 2022
Federal officials have announced a new initiative to modernize building codes across the country so that communities can be more resilient to hurricanes, flooding, wildfires and other extreme weather events that are intensifying due to climate change. Deanne Criswell, the …
June 20, 2022
Chiropractors are involved in only a small fraction of workers’ compensation claims for low back pain in states where insurers or employers control the choice of medical provider, but a recently released report suggests that skepticism about runaway costs may …