Inspectors from the Department of Labor and Industries (L&I) will be out in force in Pierce, Jefferson, Kitsap and Clallam counties this month, making sure residential wood framers are working safely and are registered and paying their fair share of …
The U.S. tort system cost $205 billion in 2001, or $721 per U.S. citizen, representing a 14.3 percent increase in tort costs since the year 2000, according to a study by Tillinghast- Towers Perin (Tillinghast) in U.S. Tort Costs: 2002 …
Kansas consumers should be told how credit scoring affects their insurance rates, Kansas Insurance Department Commissioner Sandy Praeger said in a written statement. Kansas now has “no specific statutory oversight of the use of credit-based insurance scores,” Praeger said, meaning …
Bermuda’s PartnerRe Ltd. joined Converium in reporting excellent fourth quarter and full year results. It posted operating earnings, which exclude net realized investment gains or losses and are calculated after payment of preferred dividends, of $77 million or $1.46 per …
California-based ILOG(R), a provider of enterprise-class software components, announced that Vision Service Plan (VSP(R)), a provider of vision care insurance coverage in the United States, has selected ILOG JRules(TM) Business Rule Management System (BRMS) to make the management of its …
Associated Builders and Contractors (ABC) has voiced its strong support for legislation to ensure that association health plans (AHPs) are a viable option for America’s businesses and workers. The Small Business Health Fairness Act of 2003, H.R. 660, will reportedly …
California-based Mercury General Corporation reported that premiums written were $504.6 million in the fourth quarter, a 34.5 percent increase over 2001 and $1,865.0 million for the entire year, a 29.3 percent increase over 2001. “We had targeted to be at …
Florida’s Chief Financial Officer Tom Gallagher announced that the owners of an Orange County roofing company were arrested for workers’ compensation fraud and organized fraud. Investigators with the department’s Division of Insurance Fraud allege Clifton Meyer, 69, and son-in-law Mark …
Captiva Software Corp. a provider of enterprise input management solutions, announced that Wisconsin-based Wausau Benefits, a third-party health and benefit plan administrators, has selected ClaimPack(TM), Captiva’s claims processing solution, to capture and process the more than 3.3 million HCFA and …
Connecticut-based W.R. Berkley Corp. bounced back strongly from last year’s losses, reporting $53.040 million in operating earnings and $72.731 million net income for the fourth quarter, compared to a $10.606 million operating loss and a $64.164 million net loss in …