February 26, 2015
Liberty Mutual Insurance has appointed Dr. Will Gaines, MD, MPH, as national medical director of its Commercial Insurance strategic business unit. Gaines is responsible for managing the company’s team of regional medical directors, as well as the strategies and tools …
February 25, 2015
The first portfolio insurance company (PIC) has been formed in the Cayman Islands, as a direct result of new insurance regulations Cayman enacted in January to provide risk management alternatives for insurers incorporated as segregated portfolio companies (SPCs). AARIS Insurance …
February 23, 2015
The median index rate for workers’ compensation insurance fell to an all-time low in 2014 to $1.85 per $100 of payroll. Index rates in 2014 varied from a low of $0.88 in North Dakota to a high of $3.48 in …
February 23, 2015
If a worker in New Hampshire gets hurt on the job, an anesthetic injection can cost $763 under a workers’ compensation claim, compared to $298 for non-work related injuries. Surgical treatment for tendinitis in the shoulder costs about $2,200 if …
February 20, 2015
The drive from Ken Mercer’s home in Tennessee to the oil fields of western North Dakota takes 20 hours if you drive straight through. Every month, Mercer, an Army veteran who served in Iraq, would make the trip as part …
February 17, 2015
Sagamore Insurance Co., a subsidiary of Baldwin & Lyons Inc., is expanding its mono-line workers’ compensation program into six new states: Tennessee, Kentucky, Oklahoma, Mississippi, Kansas and Arkansas. The program, which offers coverage for a variety of class codes, has …
February 17, 2015
The end of Target’s Canadian operations is having a financial impact on businesses in Minnesota that supplied the retailer. Target’s Canadian division filed for bankruptcy protection last month and owes nearly $5 million to Minnesota suppliers and service providers, including …
February 17, 2015
The mood in the community of Lennox, S.D., is somber and likely will remain that way for a while, as residents prepare for the funeral of a man killed in a workplace shooting. The funeral for Jon Richter, 45, is …
February 17, 2015
A recent slide in oil prices is leading to fewer jobs in the western North Dakota oil patch, but officials there and in northwestern South Dakota say the regional industry is resilient and will ride out the slump. Openings posted …
February 12, 2015
Many Nevada employers will see a slight decrease in the premiums they pay for workers’ compensation insurance this year. Insurance Commissioner Scott J. Kipper approved a filing from the National Council on Compensation Insurance for an average decrease of 0.5 …