States without fee schedules have higher hospital outpatient costs for common surgeries compared to states with fee schedules, according to a workers’ compensation study. The study found that significant variations in hospital outpatient/ambulatory surgical center (ASC) costs were also found …
Some invest their money in stocks, some in bonds, some in real estate. Increasingly, investors are also putting their money into lawsuits, and University of Iowa law professor Maya Steinitz argues that federal and state governments need to adopt laws …
State Sen. Joe Negron this week filed legislation designed to crack down on the fraud that leads to more expensive personal injury protection insurance required of all Florida drivers. Negron’s bill (SB 1860) targets fraud issues that have resulted in …
In the annual State of the State address opening Florida legislative session, Gov. Rick Scott highlighted automobile insurance while remaining mum on the future of the state’s property insurance underwriter, Citizens Property Insurance Corp. In a half-hour speech before the …
A Savannah man has been sentenced to life in prison after he was convicted of killing an insurance agent during a robbery. The Savannah Morning News reported that 41-year-old Pedro Walker was given two consecutive life prison terms in the …
A three-time candidate for North Carolina insurance commissioner said he’s running again for the job. Republican Mike Causey kicked off his campaign in Dare County to draw attention to challenges facing coastal property owners. Causey is a small business owner …
Lloyd’s broker Cooper Gay & Co Ltd has appointed John Sullivan as a Director of its reinsurance division. He joins Cooper Gay from Aon Benfield, and will work with its marine reinsurance team, focusing primarily on business emanating from the …
The latest report from the World Economic Forum highlights the “world’s vulnerability to further economic shocks and social upheavals.” Together they “risk undermining the progress that globalization has brought,” the report warns. The seventh edition of the Global Risks 2012 …
Lloyd’s announced the appointment of Charles Franks as a non-executive director on the Lloyd’s Franchise Board. The Board, which was established in 2003, is responsible for the day-to-day management of the Lloyd’s market. Franks is Chief Executive of Kiln Group …
XL Group plc’s Insurance segment has combined its Property Underwriting and XL Global Asset Protection Services (XL GAPS) engineers to form one unified team, which consists of “nearly 200 risk engineers worldwide.” XL said its goal is to “efficiently direct …
