Businesses protest N.Y.’s ‘scaffold law’ as session nears end With the New York Legislature set to adjourn on June 21, business associations and groups representing the state’s agriculture and construction industries again urged Gov. Eliot Spitzer and state legislators to …
Risk managers take strong stand against contingent commissions RIMS issues new policy statement denouncing such incentive pay for all agents and brokers, whether Wall Street or Main Street The largest association of commercial insurance buyers has stepped-up its opposition to …
Mich. study: Industry can be key player in economic recovery The results of a new study indicate that the insurance industry will lead the state in job creation in the coming decade, resulting in more than 16,000 total new jobs …
Court sides with insurers on credit reporting case The Supreme Court has sided with two insurance companies in a case involving alleged violations of the Fair Credit Reporting Act. The law requires insurance companies and other businesses to notify customers …
N.D. workers’ comp officials appear in court on felony charges The executive director of the North Dakota State Workers’ Compensation agency and an agency investigator were released after their first court appearances on felony charges involving questionable spending and possible …
Fast-growing, state-run property insurers pose risk for taxpayers Exponential growth of state-run property insurers of last resort ultimately may shift much of the long-term risk of hurricane-related losses to policyholders and taxpayers, even those who live nowhere near the coast, …
State Farm to lower rates if Fla. lets no-fault expire in October State Farm will be able to cut its car insurance rates by about 16 percent on average if lawmakers do not continue the state’s no-fault accident system, state …
Florida and Louisiana take different paths on insurance woes Industry prefers government approach taken by Democrat Blanco over Republican Crist Florida and Louisiana are hurricane-prone states with similar property insurance problems, but their governors are taking wildly different approaches to …
S.C. reforms workers’ comp fraud, injury reporting laws Legislation gets tougher with cheaters and closes state’s Second Injury Fund Employers who lie about what their workers do to save money on workers’ compensation premiums would face fines and prison time …
Slow death for coastal windstorm bill in last days of Texas session In the waning days of the 2007 session of the Texas Legislature, marked by a tumultuous, unsuccessful struggle to oust the current Speaker of the House of Representatives, …
