June 23, 2009
Eight months after North Dakota voters gave Gov. John Hoeven the final word on state workers’ compensation rates, employers’ insurance bills are likely to rise as a consequence of the recent bleak market for investments. Hoeven said he has adopted …
June 19, 2009
Reno, Nev.-based Employers Holdings Inc. announced Standard & Poor’s will add it to the S&P 600 SmallCap Index. The S&P 600 is considered the preferred small capitalization-market index in the United States and is comprised of 600 leading publicly held …
June 19, 2009
The property and casualty insurance industry is projected to be smaller, in dollar terms, once the current financial crisis is corrected, according to a leading industry economist. Once the recession finally ends, the industry will be about 3 percent smaller, …
June 18, 2009
Barry Miller figured he was saving $100 a month when he scaled back his disability insurance. After all, he was healthy. “It just looked like the policy was too expensive,” said Miller, who was paying for his own disability insurance …
June 18, 2009
Like the house across the street gone missing and the one at the corner stripped of its front door, the weathered brown bungalow at 1430 Jane Ave. bided its time, edging nearer to a meeting with a wrecking crew. But …
June 17, 2009
Marsh’s UK office has issued a report – Manufacturing Industry Risk Footprint – which urges UK manufacturers to “put robust and flexible risk management systems in place to identify, mitigate and manage the risks facing their organizations to gain competitive …
June 17, 2009
President Barack Obama will unveil on Wednesday his plans for reshaping U.S. financial regulation, with proposals to close one bank regulator and create new overseers for big-picture economic risk and consumer financial product safety. In a package of reforms that …
June 17, 2009
Hawaii Gov. Linda Lingle is considering whether to sign into law a requirement for alcohol sellers to have at least $1 million in liquor liability insurance. The measure passed the Legislature this year after residents said they were worried about …
June 17, 2009
The U.S. Treasury department today issued a white paper entitled, Financial Regulatory Reform: A New Foundation. The following is an excerpt from the report on insurance: Enhance Oversight of the Insurance Sector Our legislation will propose the establishment of the …
June 17, 2009
Those who track insurance criminals for a living say that as the economy has worsened, insurance fraud has been on the rise– and they are on the alert for any jump in fraud by property/casualty agents and brokers. These days …