December 21, 2011
The average cost of a workers’ compensation claim in Texas grew 5 percent in 2009, reflecting the impact of recent medical fee schedule increases and possibly some effect of the recession, according to a new study by the Workers Compensation …
December 21, 2011
York Risk Services Group (York), a national provider of claims-management, specialized loss adjusting, insurance pool administration and other insurance services, has acquired Dublin, Ohio-based Avizent. The terms of the acquisition were not disclosed. Avizent, a national third party administrator, provides …
December 21, 2011
Thanks to a dry fall across the northern Plains, the U.S. Army Corps of Engineers is months ahead of schedule in releasing water from reservoirs on the upper Missouri River to guard against another spring of record-setting flooding. Jody Farhat, …
December 21, 2011
An experimental asbestos demolition method used to tear down a Fort Worth, Texas, apartment building four years ago may have exposed workers and the public to carcinogenic fibers, the Environmental Protection Agency said. The EPA’s inspector general said dust from …
December 21, 2011
Michigan employers are likely to save money on unemployment insurance and workers’ compensation under changes signed into law on Dec. 19 by Gov. Rick Snyder. Critics, though, said the moves could make it more difficult for injured and jobless workers …
December 21, 2011
State insurance regulators have named 28 consumer representatives to advise them on insurance issues during 2012. The National Association of Insurance Commissioners (NAIC) said the 18 funded and 10 unfunded consumer representatives begin their terms Jan. 1, 2012. Fifteen of …
December 21, 2011
The Insurance Industry Charitable Foundation (IICF) New York/Northeast division had a packed charity dinner event this year. The event was held on Dec. 14 at the Waldorf-Astoria Hotel in New York. It drew more than 900 attendees and raised more …
December 21, 2011
A new report says recent advances in casualty catastrophe modeling can help insurers to understand potential exposures to mass torts. The report, released this month, is titled “The Need for Casualty Catastrophe Models: A Way to Prepare for the ‘Next …
December 21, 2011
Gov. Rick Scott wants lawmakers to fix a pair of auto and property insurance issues that are costing Floridians hundreds of millions of dollars but have eluded resolution for more than a decade. The issue facing the largest number of …
December 21, 2011
Public health agencies are looking to interview survivors of the killer tornadoes that hit north and central Alabama on April 27. State Health Officer Don Williamson said the goal is to explore ways to lessen the loss of lives and …