January 9, 2015
New York Attorney General Eric T. Schneiderman announced the arrests of five individuals for their alleged roles staging auto accidents in New York’s Nassau and Suffolk counties to fraudulently receive insurance payouts. The defendant are charged with participating in a …
January 9, 2015
Some Texas lawmakers say prescription drugs can be bettered monitored by moving the state’s database out of the Department of Public Safety. House and Senate committees that studied the issue recommend that the State Board of Pharmacy take over the …
January 9, 2015
Hub International Limited (Hub), a global insurance brokerage, announced that it has acquired the assets of Fidelity Associates Inc. and Fidelity Associates Financial Services Inc.(collectively, Fidelity), servicing Spokane and the greater Pacific Northwest region. Terms of the acquisition were not …
January 9, 2015
The remaining age-discrimination claims against Boeing Co. and Spirit AeroSystems were tossed out by a federal judge in Kansas on Jan. 7, a major blow to a lawsuit that’s spanned nine years. When Boeing sold its commercial aircraft operations in …
January 9, 2015
Eleven Kansas hospitals are among more than 700 nationwide that have been penalized for having high rates of infections or patient injuries, leading to a 1 percent reduction in Medicare reimbursements since the current fiscal year began in October. Medicare …
January 9, 2015
A string of multiple-fatality home blazes made December Ohio’s deadliest fire month of 2014 and pushed the year’s death toll to 115. Statistics requested by The Associated Press from the state fire marshal’s office show 16 people were killed by …
January 9, 2015
A gunman blamed for robbing some North Texas insurance businesses and their employees has been sentenced to 35 years in prison. Michael Dewayne Cleveland was sentenced in Dallas. Cleveland last June pleaded guilty to two counts of interference with commerce …
January 9, 2015
Connecticut Governor Dannel P. Malloy issued a statement praising the Congressional approval for a six-year extension of the federal government’s Terrorism Risk Insurance Act (TRIA). “This reauthorization was essential and restores much-needed certainty to the insurance industry here in the …
January 9, 2015
The maintenance tax rate is being reduced to 1.533 percent of gross premiums collected by Texas workers’ compensation insurance carriers from Jan. 1, 2014, through Dec. 31, 2014, Texas Workers’ Compensation Commissioner Ryan Brannan has determined. The tax rate has …
January 9, 2015
Builders & Tradesmen’s Insurance Services, Inc. (BTIS) has expanded its Victory Workers’ Comp program into all U.S. states except for Alaska, North Dakota, Ohio, Washington, and Wyoming. The program offers 10 percent commission, has no membership or broker fees, and …