Montana News

MedRisk Workers’ Comp Provider Organization Now in 36 States

MedRisk has expanded its Expert Provider Organization (EPO) for workers’ compensation into 10 additional states. Under the EPO model, physical therapists, occupational therapists and chiropractors agree to a unique reimbursement structure based on diagnosis and the chronicity and severity of …

Report: More Insurance Costs Being Shifted to Montana Workers

The number of businesses in Montana that offer health insurance to their workers is roughly unchanged since 2003, but higher costs are increasingly being shifted to employees, a new report shows. According to the report, about half of Montana businesses …

Flood Policy Sales Rise 24% in Texas

The popularity of federal flood insurance policies in Texas is on the rise, according to the Insurance Council of Texas. ICT reported that Federal Emergency Management Agency (FEMA) records show that the number of flood policies sold in Texas jumped …

Future predictions

People ring in the New Year with all sorts of traditions. New Yorkers drop a Waterford crystal ball in Times Square. Japanese families shoot off fireworks to keep evil spirits away. And in the South, a meal of cornbread black-eyed …

New Markets

GL for Builders, Contractors, Artisans Nuts & Bolts: Golden Insurance Co. RRG extended its commercial general liability coverage for builders, general contractors and artisans to $1 million/$1 million. Coverage is offered on a claims-made basis, and most builder trade classes …

Declarations

The Earth isn’t flat “It’s not that they’re bad investigators or there’s been any conspiracy to promulgate erroneous conclusions — it’s just the way it was. How many years did we think the Earth was flat?” — Richard Custer, former …

New Markets

Professional Liability Beauticians Nuts & Bolts: All policies are packaged premises and professional. $3million aggregate is available. Program is self-rating. Dollars: $100,000 to $3 million. Carrier: Lloyds of London, rated “A” XV by A. M. Best. Non-admitted. States: All. Contact: …

Credit scoring an issue in 2007

Even though 2006 is safely behind us, some sticky issues are on the horizon as we edge our way into 2007. Case in point is the pending Supreme Court cases of Safeco v. Burr and GEICO v. Edo. The cases …

It Figures

$20 billion The federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane Katrina. But that hasn’t stopped politicians from trying to extend the taxpayer-subsidized coverage for some of the riskiest …

Credit scoring an issue in 2007

Even though 2006 is safely behind us, some sticky issues are on the horizon as we edge our way into 2007. Case in point is the pending Supreme Court cases of Safeco v. Burr and GEICO v. Edo. The cases …