In a year where coastal states endured no major tropical storms, Indiana saw more property damage due to large weather events than any other state (in 2006), according to statistical firm the Insurance Services Office (ISO). Indiana residents filed nearly …
MedRisk has expanded its Expert Provider Organization (EPO) for workers’ compensation into 10 additional states. Under the EPO model, physical therapists, occupational therapists and chiropractors agree to a unique reimbursement structure based on diagnosis and the chronicity and severity of …
Encino, Calif.-based NAS Insurance Services has a new stand-alone, simplified D&O writeNOW! insurance program for its EPLI insureds. The D&O program features limits up to $1 million with a self0insured retention of $0, $5,000 /$5,000 or $0, $10,000/$10,000. The minimum …
Even as the Mississippi attorney general negotiates a potential settlement with State Farm Fire & Casualty Co., an eight-person jury began hearing opening statements Tuesday in one of hundreds of insurance lawsuits filed by policyholders after Hurricane Katrina. By seating …
Sales of federal flood insurance rose sharply across the country last year after homeowners witnessed the devastation wrought by Hurricane Katrina and realized that typical insurance policies didn’t cover many victims’ losses. From November 2005 to November of last year, …
Nearly 16,000 pounds of beef and buffalo sausage marketed as Maverick Sausage have been recalled from stores in 18 states, including Michigan, because of possible contamination with the bacterium Listeria monocytogenes. The U.S. Agriculture Department’s Food and Safety Inspection Service …
GL for Builders, Contractors, Artisans Nuts & Bolts: Golden Insurance Co. RRG extended its commercial general liability coverage for builders, general contractors and artisans to $1 million/$1 million. Coverage is offered on a claims-made basis, and most builder trade classes …
Professional Liability Beauticians Nuts & Bolts: All policies are packaged premises and professional. $3million aggregate is available. Program is self-rating. Dollars: $100,000 to $3 million. Carrier: Lloyds of London, rated “A” XV by A. M. Best. Non-admitted. States: All. Contact: …
20% The premium refund that The Medical Assurance Company of Mississippi is giving to its physician customers. According to Michael D. Houpt, MACM president, the malpractice insurance refund has been made possible almost entirely as a result of the significant …
$20 billion The federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane Katrina. But that hasn’t stopped politicians from trying to extend the taxpayer-subsidized coverage for some of the riskiest …
