January 23, 2015
Oklahoma Attorney General Scott Pruitt has filed workers’ compensation fraud charges in two separate cases. Pruitt’s office announced the charges against 30-year-old Nicholas Hurt and 48-year-old James Cramer. It was unclear if either man had an attorney. Hurt, of Oklahoma …
January 22, 2015
Vermont licensed 16 new captives in 2014 and the state’s captive insurance gross written premium is nearing $30 billion, according to data released today by the Vermont Captive Insurance Division. The new captives were made up of 10 pure captives, …
January 22, 2015
A can of worms has been opened, the horse is out of the barn and the industry is gazing into Pandora’s Box. There is no shortage of idioms for workers’ compensation experts who are concerned over a decision last week …
January 22, 2015
A study by a leading coastal science center lends new support to New Jersey’s efforts to build protective sand dunes along its 127-mile coast. The Coastal Research Center at the Richard Stockton College of New Jersey studied the state’s beaches …
January 22, 2015
Glatfelter Insurance Group (GIG) in York, Pennsylvania, promoted John Solari to president of Glatfelter Underwriting Services and chief underwriting officer for Glatfelter Programs, and Jim Partridge to president of Insurance Company Operations. Both promotions were effective Jan. 1. Solari and …
January 22, 2015
Two former professional wrestlers accuse the WWE of “selling violence” while ignoring concussions that they say left them with serious brain injuries. The men, including one who performed under the name Skull Von Krush, have filed a potential class-action lawsuit …
January 22, 2015
The Travelers Companies Inc. today reported net income of $1.038 billion for the fourth quarter that ended on Dec. 31, 2014, up 5 percent compared to $988 million net income during the 2013 fourth quarter. Travelers said its fourth-quarter results …
January 22, 2015
The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, has launched HSB TechAdvantage, an equipment breakdown and technology insurance that covers losses resulting from microelectronic failures. Microelectronics, with circuitry thousands of times smaller than a human …
January 22, 2015
J.M. Wilson, a managing general agency and surplus lines broker, has opened a new branch office in S.C. The office, located at 4130 Faber Place Drive, Suite 200A, in North Charleston will be led by Debbie Martinez, branch manager. It …
January 22, 2015
The Texas Windstorm Insurance Association, the state-created insurer that provides property coverage for wind and hail in 14 coastal counties and parts of Harris County, has submitted a report to the Legislature with recommendations to bolster TWIA’s operational efficiency, stabilize …