Workers’ compensation insurance rates will continue to decrease in Louisiana with a new rate reduction beginning in May, the insurance department reported. Louisiana Insurance Commissioner Jim Donelon has approved a loss cost filing by the National Council on Compensation Insurance …
Former Washington attorney Patrick Kim was charged in King County Superior Court with three counts of first-degree theft and 10 counts of second-degree theft, all felonies, involving clients’ insurance settlements. Washington Insurance Commissioner Mike Kreidler’s Criminal Investigations Unit investigated the …
Last summer, Katherine “Kitty” Green received some disturbing news about the computer network at Florida Gulf Coast University, where she oversees a foundation for private donors. An outside data provider warned it had detected that hackers sneaked into the university’s …
Nordstrom Inc. has filed suit seeking a court declaration that its insurers must treat nationwide civil unrest last spring and summer as a single occurrence rather that separate events that would require the department store chain to pay separate $1 …
Beazley has launched a directors’ and officers’ (D&O) product suite designed specifically for U.S.-domiciled special purpose acquisition companies (SPACs). Beazley’s new D&O products for SPACs offer dedicated coverage for either the individuals, or the entity and individuals combined from an …
Prominent attorneys Kenneth Feinberg and Camille Biros have been named to oversee a $500 million victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX crashes, a spokeswoman for Feinberg confirmed on Wednesday, the …
Progressive Insurance reported that Jeff Charney will retire as chief marketing officer, a position he has held since 2010. Charney’s expected retirement date is January 2022. The company said the early announcement of Charney’s retirement was made to allow for …
Oregon’s nonprofit State Accident Insurance Fund Corp. (SAIF) on Wednesday declared a $210 million dividend for its policyholders and acknowledged the financial toll the pandemic has taken on Oregon businesses. “Oregon businesses continue to face tremendous uncertainty,” SAIF President and …
A new study shows that nonsteroidal anti-inflammatories (NSAIDs) now account for more than one-third of all drugs dispensed to injured workers in California, triple the proportion for opioids. A study from the California Workers’ Compensation Institute released on Wednesday also …
Builders Insurance Group has appointed Todd M. Campbell as president and chief executive officer. He will join the Company effective April 5, 2021. In this position, Campbell will lead the company and will provide strategic direction to its operations. According …
