June 2, 2005
West Virginia workers’ compensation reforms, including the privatization of the Workers’ Compensation Commission are a mystery to residents according to the results of a poll released today by RMS Strategies. In a telephone poll, conducted between May 11 and 18, …
June 1, 2005
Contrary to popular belief, growth in malpractice payments was consistent with increases in health care spending between 1991 and 2003. In fact, payments grew only 4 percent per year during that period, according to a study released by the journal …
May 31, 2005
Early-morning thunderstorms crashed across northwest Florida on Tuesday morning, almost as if to announce the arrival on Wednesday morning of the 2005 hurricane season. At the same time, Florida Governor Jeb Bush and other state and national agencies were cautioning …
May 30, 2005
Five of West Virginia’s largest carriers have pledged to lower premiums by more than $54 million, according to Insurance Commissioner Jane Cline. Within the past month State Farm, Nationwide, Erie, Allstate and Westfield have pledged to lower their premiums. According …
May 27, 2005
A request by the Erie Insurance Group for a 3.1 percent decrease in its private passenger automobile insurance rates has been approved by the West Virginia Insurance Commission. The new rates go into effect August 1. The approval comes after …
May 26, 2005
Results of a study released Thursday suggest that millions of Americans lack basic knowledge of rules of the road and safe automobile operation. In fact, the study shows that if tested today, one in 10 drivers – nearly 20 million …
May 25, 2005
Lauri Neubauer has been hired as a commercial account specialist at Bowers Insurance Inc. of Hagerstown, Md. Neubauer has been in the insurance business for 27 years. “Lauri has a very strong background in the insurance business and has many …
May 25, 2005
A request by the Westfield Insurance Company for a 7.7 percent decrease in private passenger automobile rates, and a 6 percent decrease in homeowners rates, has been approved by the West Virginia Insurance Commission. The new rates go into effect …
May 25, 2005
To combat insurance fraud that costs consumers an average of $200-300 per year, 40 states have established entities responsible for oversight of related investigations and prosecution efforts, according to an analysis by the National Association of Mutual Insurance Companies (NAMIC). …
May 23, 2005
GEORGIA Licensing System Changes The Georgia Insurance Comm-ission held “Ind-ustry Day Meet-ings” across the state in May to discuss recent changes to the licensing system. In an effort to be responsive to agent issues and concerns, Commissioner John Oxendine asked …