Workers’ compensation costs per claim in Massachusetts grew rapidly in the two most recent years, according to a new study by the Workers Compensation Research Institute (WCRI). The major factor driving these costs higher was rising medical costs per claim. …
ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, announced the appointment of James Robinson (Rob) Huber as senior vice president and regional executive, Southeast Region. Based in Atlanta, Huber will be responsible for setting and …
OneBeacon Insurance, a wholly owned subsidiary of White Mountains Insurance Group, Ltd., has begun offering Virginia small businesses its property casualty OnePac product. Virginia joins California, Illinois, North Carolina, Oregon, Pennsylvania, and Washington, as well as Washington D.C., as new …
Martha Ball has lived her whole life on Block Island, a pork chop-shaped slice of heaven off Rhode Island’s coast. She had no real worries for years about the insurance on her centuries-old, Cape-style home. She paid her bills, filed …
Service Insur-ance Company of Bradenton, Fla., has been removed from A.M. Best’s rate review process and assigned an excellent rating with an outlook of “stable.” Service, in business since 1978, has maintained its A-excellent rating for 17 years. Service was …
The Insurance Commission and the North Carolina Rate Bureau have reached a compromise agreement approving a 2.2 percent average statewide homeowners premium increase according to Insurance Commissioner Jim Long. The Bureau, an independent organization representing homeowners insurance companies in the …
W.E. Love & Assoc. Inc. in Burlington, N.C., recently decided to go high-tech with an iChannel Web-based electronic imaging and document management system that can be integrated with any agency management, policy system or accounting operation. According to John H. …
Conventional wisdom is wrong: primary care doctors who coordinate the care of their patients by specialists may actually have lower liability risk than primary care doctors who do not attempt care coordination. That is one finding from a study by …
Average annual insurance premiums vary from nearly $5,200 in Detroit, Michigan to under $760 in Roanoke, Virginia, according to the latest analysis by Runzheimer International, the Rochester, Wisconsin-based vehicle costing and management consulting firm. At $5,162 per year for insurance …
Insurance Commissioner Jim Long has announced plans for a hearing on auto insurance rates in September. This announcement comes after the North Carolina Rate Bureau, an independent organization that represents all auto insurance companies in the state, filed for an …
