Insurance News Archive


Page 79 of 81 pages ‹ First  < 77 78 79 80 81 > 

“Ask the Regulator” Debuts at Workers’ Compensation Educational Conference

06.06.2012

Attendees at the 67th annual Workers’ Compensation Educational Conference (WCEC) will have the opportunity to get up close and personal with regulators from eight states during the Aug. 19 to 23 gathering in Orlando. The conference and the Southern Association of Workers' Compensation Administrators (SAWCA) are coordinating individual appointment between attendees and regulatory leaders of the workers’ compensation programs from Florida, Georgia, Kentucky, and Texas.

“SAWCA is comprised of 17 southern and southwestern states, the U.S....
06.06.2012

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Florida and Other States Fine AIG $100 Million; Reach Settlement Agreement

06.05.2012

Florida Insurance Commissioner Kevin McCarty today announced that a settlement agreement between the American International Group, Inc. (AIG) and its affiliates with all 50 states and the District of Columbia has become fully effective. The settlement is a result of AIG misreporting $2.12 billion of workers’ compensation premium as other lines of insurance.

As part of the settlement agreement, AIG agreed to pay a national penalty of $100 million, and $46.5 million in additional premium taxes and assessments. The Florida...
06.05.2012

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WCI BRIEFS

06.04.2012

A selection of workers' compensation and insurance news from around the globe, all in 300 words or less.

Making the list. Michigan Workers Comp Lawyers releases its annual personal list of the worse workers’ compensation insurance companies in the state. MWCL

Are you ready for some football? Could the NFL use an “exclusive remedy” defense to block concussion lawsuits? Georgia WC Blog

West Virginia reduces surcharge. A reduction in the regulatory...
06.04.2012

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WCI BRIEFS

06.01.2012

WCI BRIEFS: Workers' compensation news from around the globe, all in 300 words or less.

AIG hit with record fine. AIG and its workers’ compensation insurance affiliates will pay Pennsylvania more than $16.8 million in fines and assessments. Penn. Insurance Department

Survey says! The California Division of Workers’ Compensation is examining the services provided and associated fees charged by copy services. DWC

In the market. Wells Fargo head says he’s looking...
06.01.2012

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WCI BRIEFS

05.31.2012

WCI BRIEFS: Workers' compensation news from around the globe, all in 300 words or less.

Oh, Canada. The Canadian Auto Workers union appeals denial of work comp injuries to 150 Peterborough General Electric employees. Peterborough Examiner

Oregon makes it official. Lou Savage has been named Oregon Insurance Commissioner after he held the position on an interim basis for seven months. OregonLive

Aussies are upset. Retail workers are rallying against cuts to injured workers’ entitlements...
05.31.2012

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Joe Paduda to Keynote at August Workers’ Compensation Educational Conference in Orlando

05.31.2012

Joe Paduda, principal of Health Strategy Associates and author of www.ManagedCareMatters.com, will deliver the key note address at the Workers’ Compensation Institute’s (WCI) 67th Annual Workers Compensation Educational Conference on Monday, Aug. 20, at 10 a.m. The conference will be held Aug. 19 through 23 at the Orlando World Center Marriott.

Paduda’s presentation, “It’s the Things You Don’t Know That Will Kill You,” examines macro and socioeconomic...
05.31.2012

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Thousands to Gather for 67th Annual Workers’ Compensatio Educational Conference in August in Orlando

05.30.2012

The 67th annual Workers’ Compensation Educational Conference (WCEC) will be held August 19 to 23 at the Orlando World Center Marriott.

WCEC is a must-attend annual event for C-level executives, risk managers, claims adjusters, insurers, and medical and legal experts. Presented by the Workers’ Compensation Institute, the conference offers attendees an extraordinary opportunity to connect with their peers and learn from nationally recognized experts.

Ongoing registration for the 2012 gathering reflects the global perspective of the...
05.30.2012

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WCI BRIEFS

05.30.2012

WCI BRIEFS: Workers' compensation news from around the globe, all in 300 words or less.

Better odds? Casinos on Native American lands have lower workers‘ compensation losses. PropertyCasualty360

New head at Continental Western. Michael G. Connor has been named president of Continental Western Group, LLC. W.R. Berkley

$18.5 million awarded. The family of a woman left with brain damage after an accident during the filming of “Transformers 3” in Indiana has reached...
05.30.2012

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WCI BRIEFS

05.29.2012

WCI BRIEFS: Workers' compensation news from around the globe, all in 300 words or less.

A break for veterans. Eligible veterans may now seek reimbursement for the cost of license examinations administered by the North Carolina Department of Insurance. rrdailyherald

Hot in California. A new public hotline for California workers and employers to report complaints or enforcement tips about the underground economy has been set up. Sacramento Business Journal

Haiti initiative. Haiti opens a...
05.29.2012

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Social Media Becoming a Professional Draw

05.29.2012

Facebook’s initial public offering garnered what can best be described as mixed reviews. Despite the tepid investor reaction, Facebook and other social media remain a major draw. The relevance of social media to litigation has been recognized, and continues to develop. Defense attorneys have begun to defend claims using the musings and photos posted by plaintiffs and claimants. The high-profile instances involve eye-catching headlines.

In Tallahassee, Fla. recently a jury convicted a postal worker who...
05.29.2012

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WCI BRIEFS

05.25.2012

WCI BRIEFS: Workers' compensation news from around the globe, all in 300 words or less.

Tennessee rate cut? An advisory council in Tennessee has recommended a 5.1 cut in workers’ compensation rates. The Tennesean

Some big spenders. One-third of insurers currently are replacing or plan to replace their policy administration system, according to the recent Novarica Market Navigator reports. Insurance Networking News

Sharing the wealth. Towers Watson has launched the North American insurance industry...
05.25.2012

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WCI BRIEFS

05.24.2012

WCI BRIEFS: Workers' compensation news from around the globe, all in 300 words or less.

Texas-size refund. Texas Mutual Insurance Company’s board of directors has approved the company’s plan to distribute $150 million in workers’ compensation dividends. Texas Mutual

Get thee to a lawyer. An audit supervisor with the Pennsylvania State Workers’ Compensation Insurance Fund has been charged with five counts of bribery. Business Management Daily

From across the...
05.24.2012

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EMPLOYERS’ Stephen Festa Named Chair of California Insurance Guarantee Association Board

05.23.2012

EMPLOYERS Senior Vice President and Chief Claims Officer Stephen V. Festa has been named chair of the board of governors of the California Insurance Guarantee Association (CIGA), a body that pays the claims of insolvent property and casualty insurance carriers.   Festa most recently served as the board’s vice chair. He first joined the CIGA board in 2009, representing EMPLOYERS as an insurer member, and remains the only C-level claims executive to serve on the board. Operating under...
05.23.2012

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Swanson Appointed to Texas Mutual Insurance Co. Board of Directors

05.23.2012

Gov. Rick Perry has appointed John Swanson of Frisco to the Texas Mutual Insurance Co. Board of Directors for a term to expire July 1, 2017. The board acts as a competitive force in the workers' compensation market to guarantee the availability of workers' compensation in Texas, and acts as the insurer of last resort.

Swanson is president and CEO of Republic Energy Inc. He is a member of the Independent Petroleum Association of America, past technical reviewer for...
05.23.2012

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WCI BRIEFS

05.23.2012

WCI BRIEFS: Workers' compensation news from around the globe, all in 300 words or less.

What’s in a name? Maryland’s state-run workers’ compensation insurance carrier, will become a private, nonprofit company under legislation signed into law Tuesday. Baltimore Business Journal

He’s persistent. An Illinois state trooper continues his battle for workers’ compensation benefits. He killed two sisters in a crash as he drove in excess of 126 mph while “social...
05.23.2012

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Steve McGill Named Group President at Aon Plc.

05.22.2012

Aon Plc., a global provider of risk and people solutions, has appointed Steve McGill group president. McGill will oversee the development of Aon’s overall growth strategy and opportunity planning, primarily focused on the firm’s risk solutions segment encompassing Aon Risk Solutions and Aon Benfield. Effective coordination across the firm puts Aon in a stronger position to deliver value for clients and represents the next step in reaching Aon’s growth objectives.

"Steve...
05.22.2012

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Virginia Workers’ Compensation: The Borrowed Employee Doctrine

05.22.2012

By GAMMON & GRANGE, P.C.

In a complicated commercial venture like a construction project, the interrelationships of the parties can make it difficult to say which employer is responsible for covering an injury for workers' compensation purposes.

Sometimes employment relationships are confusing, which can make related legal liability issues difficult to sort out. Some business entities have intertwining relationships because of common ownership, shared commercial interests, financial arrangements or even family ties. An example of this...
05.22.2012

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NIPR Board Elects New President

05.21.2012

During its May 16 meeting, the National Insurance Producer Registry (NIPR) board of directors elected New Hampshire Insurance Commissioner Roger A. Sevigny as its new president. Sevigny will replace Alaska Insurance Director Linda Hall, who is retiring at the end of June.

"We are pleased that Commissioner Sevigny will step into the role of president," said NIPR Executive Director Maryellen Waggoner. "Director Hall has provided strong direction for the board since 2004 and we look forward to continuing our...
05.21.2012

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Safety National Parent Company Bought by Tokio Marine Holdings

05.17.2012

Delphi Financial Group has announced the closing of its acquisition with Tokio Marine Holdings, Inc. Safety National Casualty Corp., formerly a wholly owned subsidiary of Delphi Financial Group, is a member of the Tokio Marine Holdings Group as a result of this transaction.

"We are extremely pleased to be joining forces with one of the world's elite insurance companies," said Mark Wilhelm, CEO of Safety National. "Tokio Marine's A++ Best rating and financial size, with...
05.17.2012

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Council of Insurance Agents & Brokers Survey Shows P&C Market Hardening

05.14.2012

A survey recently released by The Council of Insurance Agents & Brokers shows that pricing hardened and underwriting toughened in the commercial property and casualty market in the first quarter of the year. The organization’s quarterly Commercial P/C Market Index Survey says that on average, small, medium and large account pricing rose 4.4 percent compared with 2.7 percent last quarter.

Commenting on the survey results, Council President & CEO Ken A. Crerar said, “We&rsquo...
05.14.2012

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