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Florida Regulators Disapprove NCCI’s 1% WC Rate Increase Proposal

Florida Insurance Commissioner Kevin McCarty today issued an order notifying the National Council on Compensation Insurance (NCCI) that its 1-percent proposed annual rate filing increase in Florida’s workers’ compensation insurance rates has been disapproved. The Florida Office of Insurance Regulation …

Suit Disputes Oregon’s Claim in Malpractice Award

A former Eugene woman is trying to keep the state of Oregon from claiming more than $200,000 from a medical malpractice settlement she received after suffering a stroke at age 27 that left her with only limited use of her …

Blizzard-Lost Plains Cattle Will Hurt Area Economy

An early October blizzard that killed tens of thousands of cattle in western South Dakota will have a staggering impact on the regional economy, the head of the state Stockgrower’s Association said. The direct economic impact of the cattle loses …

RHB Management to Acquire 2 Republic Group Subsidiaries

Dallas-based Republic Group announced that RHP Management LLC will acquire all of the outstanding shares of common stock of Republic subsidiaries Republic Home Protectors Inc. (RHP) and Southern Vanguard Insurance Co. (SVIC). Under the terms of the agreement, the sale …

Florida Court Reverses Itself: 104-Week Limit on Temporary Benefits Constitutional

A Florida district court has overturned an earlier ruling that found a 104-week limit on an injured worker’s temporary benefits unconstitutional. The court ruled instead that the limit represents a legal deadline to determine an injured worker’s eligibility for permanent …

Two Arrested in Alleged Staged Accident Scam in North Carolina

North Carolina’s Insurance Commissioner Wayne Goodwin this week announced the arrest of two people in an alleged insurance fraud scheme involving a staged auto accident in Pitt County. The state insurance department’s criminal investigators allege that the defendants conspired to …

Connecticut to Help East Haven Residents Apply for Sandy Recovery Funds

The state of Connecticut will open an office in East Haven to help residents apply for money from a Superstorm Sandy disaster recovery fund. The office is scheduled to open on Thursday and residents can begin scheduling appointments on Monday. …

N.J.’s Sandy Victims Tell State Panel: Insurance, Red Tape Are Horrendous

Nearly a year after Superstorm Sandy, victims of the storm told a New Jersey state panel that insurance woes and bureaucratic red tape are doing just as much damage as the storm. At a New Jersey Senate hearing Monday in …

Washington Metro Settles Lawsuit Against Aon Stemming From 2009 Crash

The Washington Metropolitan Area Transit Authority (Metro) has agreed to settle a lawsuit against its insurance broker that stemmed from the 2009 red line crash that killed nine people. After the crash, Metro sued insurance broker Aon, which put together …

United States Urges More Flexibility in new Global Climate Deal

The United States called on Tuesday for a more flexible approach to a new United Nations’ climate deal which balances the needs of all countries and has a better chance of success. Two years ago, some 190 countries agreed to …

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