California workers’ compensation premium levels rose by 14% in 2022 due to the economic recovery from the pandemic-related downturn, according to the new Workers’ Compensation Insurance Rating Bureau of California’s 2023 State of the System Report. The WCIRB report forecasts …
Like other states across the country, Washington has been grappling with how to regulate intoxicating hemp-derived cannabinoid products that are being innovated faster than state lawmakers can respond. The state has decided on an extreme solution that prohibits products containing …
Pinnacle Actuarial Resources Hires Chen as Senior Consulting Actuary Pinnacle Actuarial Resources, Inc., based in Bloomington, Ill., hired Michael K. Chen as a senior consulting actuary. Chen has 20 years of actuarial experience and is returning to Pinnacle. His previous …
CHICAGO (AP) – The hazing scandal at Northwestern University has widened to include a volleyball player who on Monday became the first female athlete to sue the university over allegations she was retaliated against by the coach for reporting her …
Arthur J. Gallagher & Co. announced the acquisition of Sioux Falls, South Dakota-based Hagan Insurance Group. Terms of the transaction were not disclosed. Hagan Insurance Group provides insurance member benefits and financial management to professional associations and affinity groups. Brian …
SAN ANTONIO (AP) – An early morning house fire in San Antonio killed three people and injured three others, the city`s fire chief said. One woman died at the scene and two others – an adult and a child – …
BATON ROUGE, La. (AP) – Louisianans whose personal information was exposed in a massive data breach that affected the state`s Office of Motor Vehicles last month, will receive one year of free credit monitoring and identity theft protection, Gov. John …
Watkins Hires Loftis as Director of Sales and Carrier Relations Watkins Insurance Group, headquartered in Austin, Texas, hired H. Lee Loftis as the new director of sales and carrier relations. Lofits has over 45 years of insurance industry experience, most …
The fact is, catastrophe losses are a part of an insurers’ financial results and not a line item to be dismissed, said W. Robert Berkley Jr, president and chief executive of W.R. Berkley Corp during a recent conference call on …
The state of Delaware is going to the Supreme Court in its fight with the Internal Revenue Service (IRS) over the release of information on captive insurers. This fight has placed Delaware’s state regulation of insurance and its authority to …
