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Percentage of Non-Subscribers in Texas Workers’ Comp System Falls

The percentage of companies that don’t participate in the Texas workers’ compensation system has fallen to the lowest level since 1993, the agency that regulates this line of insurance in the state has reported. In its Biennial Report to the …

Guidewire to Acquire Insurance Cloud Software Firm ISCS for $160 Million

Guidewire Software, which serves property/casualty insurers, has agreed to acquire another insurance software firm, San Jose, California-based ISCS, for $160 million in cash. The deal gives Guidewire entry into the small carrier market and additional expertise in cloud-based products. The …

Illinois Large Workers’ Comp Deductible Rules Approved

The Illinois Department of Insurance has posted in the Illinois Register a second notice of the approval by the Illinois Joint Committee on Administrative Rules (IJCAR) of rules concerning size limits on large deductibles for workers’ compensation insurance policies. The …

Chicago-Area Insurance Agency Owner Fatally Shot While Driving Home

A long-time insurance agency owner and community leader in the Chicago area was shot while driving home in the early morning hours of Dec. 1. Ronald L. Allen, founder and past president of the A. Allen Insurance Agency Ltd. in …

Study: Cumulative Trauma Claims in California Comp Affected by Attorneys

A new study on California’s workers’ compensation system finds a “strong association” between attorney involvement and the high cost of cumulative trauma claims. The California Workers’ Compensation Institute study looks at CT claims and identifies characteristics that differentiate CT claims …

Texas Issues Mandatory Data Call to Property/Casualty Insurers

The Texas Department of Insurance has issued a mandatory annual data call to all insurance companies writing private passenger nonfleet automobile, homeowners multiple peril, workers’ compensation, commercial fire and allied lines, commercial multiple peril, general liability, boiler and machinery, commercial …

Parents Blame Hospital in Death of Kansas Girl with Viral Meningitis

The parents of a 13-year-old Kansas girl who died of viral meningitis are suing a Lincoln hospital, alleging that doctors there were negligent when treating her in 2014. Terrisa and Scott Waters filed a wrongful death lawsuit in district court …

Corpus Christi Chemical Leak Reported Week Before Public Warned

A chemical leak from an asphalt plant that led Corpus Christi officials to warn its 300,000 residents not to drink the water last week was apparently reported a week earlier, according to an email from a state environmental official. The …

Ohio Insurer Disclosure Bill Passed by Legislature

The recent passage of consumer protection legislation provides the Ohio Department of Insurance with better, more common sense tools when it comes to evaluating the financial health of Ohio’s insurance industry, according to Lt. Governor Mary Taylor. Taylor also serves …

Needing More Work, Minot’s Flooded Home Buyout Policy on Hold

A proposed change to Minot, N.D.’s home buyout policy following the devastating 2011 Souris River flood is on hold for more refinement. The City Council is considering providing extra compensation to homeowners who have houses at an appraised value below …

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