The average medical payment per workers’ compensation claim in California has been increasing significantly in recent years mainly as a result of more visits to non-hospital providers and rising hospital costs, according to a study released by the Workers Compensation …
NY Insurance Superintendent Gregory V. Serio announced the arrest of Kevin Palmer, 25, of Rochester, on automobile insurance fraud charges. Palmer allegedly “reported on December 1, 2001 that his car had been stolen while he was visiting friends in Massachusetts …
The Herbert H. Landy Insurance Agency, Inc. of Needham, Mass. announced the appointment of Betsy A. Magnuson as President. “Betsy, a 1979 graduate of Syracuse University, succeeds her father, Herbert Landy, as President of the Insurance Agency”, said the announcement. …
To address the insurance industry’s growing need to model the risk of terrorism, Guy Carpenter & Company, Inc., has published a research paper entitled “Advanced Techniques for Modeling Terrorism Risk.” The new study explores the use of game theory in …
Insurance policies to cover the multi-year, multi-million dollar salaries of professional baseball players may soon be as hard to locate as a split-fingered fastball from a southpaw relief pitcher. The hardening insurance market coupled with skyrocketing salaries of premier players …
One of the many singular phenomena that sets Texas apart from the rest of the U.S. is the fact that it is the only state in the Union that does not require its employers to participate in the workers’ compensation …
Insurance policies to cover the multi-year, multi-million dollar salaries of professional baseball players may soon be as hard to locate as a split-fingered fastball from a southpaw relief pitcher. The hardening insurance market coupled with skyrocketing salaries of premier players …
One of the many singular phenomena that sets Texas apart from the rest of the U.S. is the fact that it is the only state in the Union that does not require its employers to participate in the workers’ compensation …
Nuts & Bolts: Monitor Liability Managers Inc., a member of W.R. Berkley Corporation, has partnered with the Biotechnology Industry Organization (BIO) to provide D&O to the biotech industry. The BIO-Monitor D&O program is available through all Monitor appointed brokers. In …
The new wave of mold litigation cases may soon compare with the incendiary asbestos cases of the last decade, according to Peter J. Lynch, a trial attorney with Philadelphia-based Christie, Pabarue, Mortensen and Young representing insurers and contractors in toxic …
