December 2, 2013
Although a party bus driver insists she properly latched a door from which a Kansas woman fell to her death, Kansas Highway Patrol troopers said in an investigative report released this week they doubted that was possible. Jamie Frecks, 26, …
July 11, 2013
It’s safe to say there’s a lot going on in the homeowners insurance scene in Colorado, where homeowners insurance rates are likely to be on the rise for some time. Insured losses from the recently doused Black Forest fire should …
June 30, 2013
A department secretary’s report on the South Dakota Division of Insurance is recommending increased oversight from supervisors and the secretary, better staff communication and a new informal settlement process, state officials said. Gov. Dennis Daugaard earlier this month requested the …
June 21, 2013
A 16-state study shows that in half of the study states hospital outpatient payments for shoulder surgeries in workers’ compensation were at least $2,000 higher than those in group health. The study from the Workers’ Compensation Research Institute is the …
May 6, 2013
Superstorm Sandy may not have hardened the insurance market, but it has changed the way underwriters view the Northeast, a view that catastrophe models will reflect going forward. According to NAPCO’s Spring 2013 State of the Market Report, underwriters and …
January 15, 2013
A.M. Best has reported that despite there being “32 insurance companies fighting for market share in the tiny country of Panama; Panamanian insurers are holding their own against their global competitors.” The report appears in this week’s issue of BestWeek …
December 11, 2012
Officials say the record number of insurance-fraud allegations in Ohio this year can be partly attributed to better reporting of suspected incidents and difficult economic times that push some people into illegal activity. The Ohio Department of Insurance reports that …
November 30, 2012
A recent report, “Reinsurance Industry Leaders Discuss Lessons Learned From Hurricane Sandy,” published Nov. 29, 2012, on RatingsDirect, Standard & Poor’s Ratings Services, notes that “reinsurers had three very good quarters until Superstorm Sandy hit the U.S. East Coast on …
November 28, 2012
A bulletin from Willis Group Holdings notes the international broker’s role in providing its expertise for a new UK Government Office of Science Foresight report entitled “Reducing the Risks of Future Disasters: Priorities for Decision Makers.” “Disaster risk reduction needs …
November 28, 2012
Permafrost lands across Siberia and Alaska that contain vast stores of carbon are beginning to thaw, bringing with it the threat of a big increase in global warming by 2100, a U.N. report said on Tuesday. A thaw of the …