Beginning Jan. 1, 2010, workers’ compensation premiums for Ohio’s Public Employer Taxing Districts (PECs) will drop by an average of 17 percent. The Ohio Bureau of Workers’ Compensation (BWC) Board of Directors, which announced the rate decrease, said the PECs …
Private U.S. property/casualty insurers’ net income after taxes fell 59.3 percent to $5.8 billion in first-half 2009 from $14.1 billion in first-half 2008. Insurers’ overall profitability as measured by their annualized rate of return on average policyholders’ surplus (or statutory …
Beginning Jan. 1, 2010, workers’ compensation premiums for Ohio’s Public Employer Taxing Districts (PECs) will drop by an average of 17 percent. The Ohio Bureau of Workers’ Compensation (BWC) Board of Directors, which announced the rate increase, said the PECs …
A visit to the home to the UK’s Chartered Insurance Institute reveals a singular collection of ancient Fire Marks – metal plaques inscribed with the name of an insurance company and often vividly decorated. The CII headquarters is one of …
Challenging market conditions, the financial crisis and the recession drove profitability downward for the U.S. workers’ compensation market in 2008. Changing regulatory conditions and reforms have also impacted the workers comp market, probably more than any other line of business, …
A judge has rejected an attempt to have criminal charges dismissed in a case against the former chief executive of Louisiana’s insurance company of last resort. Terry Lisotta, former CEO of Louisiana Citizens Property Insurance Corp., tried to get the …
Challenging market conditions, the financial crisis and the recession drove profitability downward for the U.S. workers’ compensation market in 2008, and A.M. Best Co. expects the impact to linger through 2009 and well into 2010. Meanwhile, changing regulatory issues and …
States Are Not Equal in Handling Worker Injuries Prices for workers’ compensation insurance in the United States declined in 2008 and, in general, that trend is likely to continue in throughout 2009, according to the National Council on Compensation Insurance …
Roy H. Williams is an author and marketing consultant. He is known for his Wizard of Ads trilogy. He founded the Wizard Academy Institute. Although he is credited with saying “Consequently, a young business often grows by large percentages. Mature …
The Texas Department of Public Safety (DPS) has issued a summary of new traffic laws passed by the Texas Legislature that are set to become effective Sept. 1, 2009. Among those laws that may affect the property casualty insurance industry …
