California Attorney General Jerry Brown has reached an $8 million, 30-state settlement with Bayer Corp. that will resolve an enforcement action initiated because of Bayer’s failure to adequately disclose safety risks associated with the use of Baycol, a drug used …
Washington’s Office of the Insurance Commissioner has ordered UnitedHealthcare Insurance Co. of Minneapolis to pay a $59,000 fine following an agency investigation into the company’s use of unapproved contracts to add chiropractors to its provider network. The agency ordered the …
National Association Professional Surplus Lines Offices is urging members of the House Financial Services Committee and Senate Committee on Banking, Housing and Urban Affairs to enact the surplus lines and reinsurance reform bill introduced in the last Congress. The bill …
Perr & Knight, a provider of competitive intelligence services to the insurance industry, is now obtaining all approved property and casualty filings for all lines of business in Massachusetts, Maine, Rhode Island and Vermont. The company has been conducting business …
More than half of the people working for the new state agency charged with providing health insurance for Massachusetts’ low-income residents make more than $100,000 a year — and six earn more than Gov. Deval Patrick. The Commonwealth Health Insurance …
The Nevada workers’ compensation system “has undergone dramatic change since 1993″ becoming more competitive and allowing private insurers to enter the market,” but it has room for improvement particularly in auditing the most serious claims, according to the Workers’ Compensation …
Silicon Valley, Calif., oenophiles are on alert after a brazen robbery occurred on Jan. 4, when thieves broke into a posh home and stole more than 150 bottles of wine. Estimated value: $500,000. The heist — thought to be one …
Apartment Property Program Nuts & Bolts: Houston-based London American Risk Specialists Inc. has an Apartment Property Program endorsed by the National Apartment Association. The program is available in the continental United States. Highlights of the program include: competitive rates on …
Louisiana’s state-run insurer won approval for big rate increases on Jan. 17, 2007, meaning double- and triple-digit hikes in insurance costs for homeowners and businesses along the coast. The increases for Citizens Property Insurance Corp. will immediately affect about 140,000 …
Massachusetts Gov. Deval Patrick has taken steps to install his own appointee as insurance commissioner and halted the ongoing implementation of reforms to the state’s auto insurance high risk pool championed by the regulator he is replacing. Patrick said he …
