With its chairman proclaiming the program is at a “crossroads,” the U.S. Senate Banking Committee this week advanced bipartisan legislation to bolster the nation’s debt-ridden flood insurance program. Insurance trade groups generally support the legislation, the Flood Insurance Reform and …
State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, the required number of states …
Workers’ compensation costs per claim in Maryland grew very rapidly in the most recent year studied, according to a new study by the Workers Compensation Research Institute (WCRI). A major factor driving these costs higher was rising medical costs per …
Michigan-based North Pointe Holdings Corp. recently reported financial results for the first quarter ending March 31, 2006. Net income was $1.6 million, or $0.18 per diluted share, as compared with $2.5 million, or $0.52 per diluted share, for the first …
Maryland physicians have a new option for their medical malpractice insurance: Maryland Healthcare Providers Insurance Exchange (MDHPIX). The insurance company is being formed by a team of insurance, health care and legal professionals who started similar companies in Pennsylvania, Florida …
Because of a quirk in Maryland law, federal judges are dismissing routine traffic violations at military bases, hospitals and research centers. One judge at Andrews Air Force Base threw out every traffic citation on his docket this month. Other judges …
The Commissioners are now fully prepared to go before their various legislative committees with recommendations for a system of insurance law which shall be the same in all States–not reciprocal, but identical; not retaliatory, but uniform. This statement expressing the …
The Commissioners are now fully prepared to go before their various legislative committees with recommendations for a system of insurance law which shall be the same in all States – not reciprocal, but identical; not retaliatory, but uniform. This statement …
The costs per workers’ compensation claim in Massachusetts rose 8 percent for claims evaluated mid 2004 with an average of 12 months’ maturity, according to a new study by the Cambridge, Mass-based Workers Compensation Research Institute (WCRI). This contrasts with …
Louisiana’s average total cost per claim placed it among the group of states with higher average costs per claim when compared to the median study state, according to a new report by the Cambridge, Mass.-based Workers Compensation Research Institute (WCRI). …
