In the process of securing policyholders’ confidence and votes for its January 2000 demutualization, John Hancock, through a complex series of actions and omissions, deceived its policyholders into acting against their financial interests, writes Schiff’s Insurance Observer (www.InsuranceObserver.com). These actions …
Arthur J. Gallagher & Co. announced the acquisition of Andrew-Anthony Insurance Agency, Inc. of Wellesley, Mass. Founded in 1991, Andrew-Anthony Insurance Agency, Inc. is a full-service retail insurance broker offering risk management and commercial property/casualty insurance services to their clients …
With national and state efforts at altering medical liability rules once again failing to hurdle the predictable political roadblocks and the commercial insurance marketplace struggling to provide the coverages so many long-term care (LTC) facilities require at a price they …
With national and state efforts at altering medical liability rules once again failing to hurdle the predictable political roadblocks and the commercial insurance marketplace struggling to provide the coverages so many long-term care (LTC) facilities require at a price they …
Workers’ compensation costs per claim in Florida for all paid claims were higher than most states analyzed in a national study and growing at a double-digit rate, according to a new study by the Workers Compensation Research Institute (WCRI). The …
Workers’ compensation costs per claim in Georgia were low relative to costs in the other states analyzed in a national study by the Workers Compensation Research Institute (WCRI), although indemnity costs per claim were higher, driven by permanent partial disability …
A bill sent to the governor on Tuesday repealing Pennsylvania’s 35-year-old mandatory motorcycle helmet law is ill-advised and should be vetoed, according to a long-time advocate of vehicular safety. The bill (SB 259), which would remove the helmet requirement for …
The Massachusetts Senate and House have agreed on a budget which would reportedly impose several burdensome provisions on the insurance industry, including funding the Department of Insurance (DOI) with a special assessment on companies doing business in the state. “We …
L.A.-based David Morse & Associates, a national claims administration and independent adjusting company, announced that it has opened a new claims office in Providence, Rhode Island, which will facilitate claims coverage in the state and add to areas currently served …
