News

Is There a Doctor In the Firm? Businesses Hope Wellness Plans Save

Liz Sequeira, a 52-year-old primary care physician, is too young to remember when U.S. doctors made routine house calls. So to her, seeing patients in her three exam rooms on the first floor of Discovery Communications Inc.’s modern headquarters in …

National Specialty Underwriters, Ace Westchester Launch Hospitality Program

Bellevue, Wash.-based National Specialty Underwriters Inc. (NSU) a program administrator and specialty wholesale broker, and ACE Westchester, the U.S.-based wholesale-focused property and casualty operation of the ACE Group of Companies, announced that ACE Westchester will begin providing the primary casualty …

Safety Board: Citgo Texas Refinery Blast ‘Significant Near Miss’

The U.S. Chemical Safety Board on Wednesday called a July explosion at Citgo Petroleum Corp.’s Corpus Christi, Texas, refinery “a significant near-miss” for a widespread release of highly toxic hydrogen fluoride (HF) into a community. “It’s a significant near-miss of …

New Year to Bring New Pay Disclosure Rules for New York Producers

The new year is likely to bring new compensation disclosure rules for New York insurance producers. A pending regulation allows agents and brokers to accept incentive pay from insurers that is tied to volume and production, but requires them to …

Peanut Corp. Executives Seek Insurance Policy Funds for Legal Costs

The president of bankrupt Peanut Corp. of America and three former managers are each seeking a piece of a $1 million corporate insurance policy for legal costs stemming from a salmonella outbreak. The nationwide outbreak sickened about 700 people and …

Montana Hail Board Approves Refunds

Montana farmers who bought state hail insurance this year will receive a refund of 40 percent of the premiums they paid. The state Board of Hail Insurance approved the refunds after reviewing an actuarial report at its annual meeting. The …

Filed in 1998, Nebraska Agency Case Not Over Yet

After more than a decade and four Nebraska Supreme Court rulings, a new trial may soon be scheduled in a multimillion-dollar insurance dispute between Florida and Countrywide Insurance Agency. Florida is still trying to collect $4.7 million in premiums and …

TV Anchor Appeals Dismissal of Medical Malpractice Suit in Baltimore

Lawyers for former CBS “Early Show” anchor Mark McEwen have appealed the dismissal of his medical malpractice lawsuit. A federal judge in Baltimore threw out McEwen’s lawsuit earlier this year. The 55-year-old McEwen suffered a massive stroke in November 2005 …

Florida Security Worker Denied Jury Duty Pay Awarded Damages

A jury has awarded a Miami security guard worker $150,000 in damages after finding that she was wrongfully denied wages and fired for serving as a juror in a murder trial. Jackalyn P. Strachan served three days on a jury …

Oregon Fines Farmers Over Re-Rating

Oregon’s Department of Consumer and Business Services recently fined Farmers Insurance Company of Oregon $10,000 for improperly using consumers insurance scores in calculating renewal rates on thousands of auto and homeowner policies. Oregon law prohibits insurers from using someone’s credit …

News Archives by Month