State and Regional News

Deer Without Appointment Crashes Through New Jersey Vet’s Window

A deer crashed through a window at a New Jersey veterinarian’s office. Staff, clients and pets escaped without injury when the buck came through Family Pet Hospital in Mount Olive Township Tuesday. Dr. Sue Bliesath told The Daily Record of …

Workers Injured in Pennsylvania Coke Blast Sue U.S. Steel

Three men burned in a July explosion at U.S. Steel’s Clairton Coke Works have sued claiming the steelmaker’s managers directed them to repair a “live” gas line even after an alarm went off warning of high levels of natural gas. …

Introducing… The Florida Sinkhole Insurance Fund?

Will Floridians, who already support a state-backed property insurer and a catastrophe fund, support another public insurance entity for sinkhole coverage? Such a fund might be the “best way to go,” according to John Auer, president of domestic insurer American …

Kansas DOI Estimates $220M in Storm Losses as of Aug. 31

Estimated 2010 storm losses in Kansas climbed to $220 million as of the end of August, according to the Kansas Department of Insurance. There were approximately 59,400 storm claims filed during that period. The highest number of claims so far …

Ohio Workers’ Comp Rate Reform Highlighted in National Study

A nationally-recognized study on the cost of workers’ compensation shows Ohio rates have improved dramatically over the past three years, the Ohio Bureau of Workers’ Compensation reported. The Oregon Study is seen as a barometer of workers’ compensation costs among …

State Regulators Back Strict Medical Ratio for Health Insurers

U.S. state insurance commissioners unanimously backed tough rules requiring health insurance companies to direct more of the premiums they collect to medical care, rather than corporate salaries and profits. Although the percentages are mandated in the new healthcare law, insurers …

North Carolina’s Workers’ Compensation Medical Costs Among Highest

North Carolina’s medical costs per workers’ compensation claim were among the highest in a study of 15 states, according to a new report. The study by the Cambridge, Mass.-based Workers Compensation Research Institute (WCRI) said that several factors led to …

Industry Worries As Regulators Decide on Critical Loss Ratio

A seven-month-long process for determining how much U.S. health insurers must spend on medical care comes to a head Thursday, amid fresh concerns that the rules will lead companies to desert some small-group and other niche markets. A key group …

Georgia Insurance Commissioner Race: Attracting Insurers, Value of Agents

The three politicians who want to be Georgia’s next insurance commissioner see eye-to-eye on the need for the insurance regulator to be involved in attracting new insurers and insurance jobs to the state. According to an Insurance Journal survey, Democrat …

Flood Grants Available for Cedar Rapids Businesses

Businesses affected by the historic flooding during 2008 now have access to more grant money to pay for inventory and equipment losses. The Cedar Rapids Area Chamber of Commerce said that the state of Iowa has raised the cap for …