Unless you’ve been hiding under a rock somewhere for the past year or two, yes, we’re in the midst of a hardening market cycle. After a prolonged soft market period, prices seem to be firming in every segment, with drastic …
Remarks made recently by Georgia Insurance Commissioner John Oxendine about the role of surplus lines insurers in the marketplace should not diminish the importance of these companies and the vital role they play for consumers encountering difficulties in obtaining coverage, …
A bill aimed at reforming Colorado’s no-fault auto insurance system is poised to pass the House, but misses the mark for significant reform, according to the Alliance of American Insurers (AAI). The bill, HB 1225, has passed the House Business …
Health Management Online, Inc., (HM) of Southington, Conn., and Medata, Inc., of Tustin, Calif., released plans to jointly deliver a new level of efficiency into workers’ compensation bill handling. By jointly marketing a bundled solution, bills will now be delivered …
The Missouri House of Representatives has passed a bill that would limit lawyers’ contingency fees, damages against emergency-room personnel, and require a signed affidavit from a board-certified physician in the same specialty as the defendant attesting to the facts of …
Illinois and Missouri, along with six other states, have been added to the American Medical Association’s list of states whose medical liability system are deemed to be in crisis. In Illinois, where the state Supreme Court has overturned medical liability …
UnumProvident released findings of a comprehensive employer research study providing evidence that 10 percent of employees – those who file occupational or non-occupational disability claims – drive 55 percent of employee medical costs and up to 66 percent of all …
A.M. Best Co. has commented that the financial strength rating of A- (Excellent) of The Royal & Sun Alliance Insurance Group plc (R&SA), United Kingdom and the “bbb” and “bbb-” ratings of its subordinated debt and preferred stock remain unchanged …
Risk Enterprise Management Limited (REM) announced that one of its run-off clients, Home Insurance Company (The Home), was placed into voluntary Rehabilitation pursuant to an Order of Rehabilitation by the Superior Court of New Hampshire. The Order appoints New Hampshire …
The new Segway Human Transporter hits walkways this week, leaving buyers seeking direction on how to protect these futuristic vehicles. Before shipments arrive at buyers’ doorsteps, insurers are working to develop new products and adapt existing ones to address the …