Art thieves seem to be unable to keep their hands off Edvard Munch’s iconic masterpiece, The Scream, despite the fact that it’s one of the world’s most recognizable paintings. The Scream, along with a lesser known Munch work, was stolen …
Two other Bermuda-based insurers also issued brief statements giving loss estimates from Hurricane Charley. The island’s largest insurer, Ace Limited, said that “its preliminary estimates indicate that total net losses for the entire ACE Group of Companies resulting from the …
Total payments for workers’ compensation rose faster than wages in 2002 for the second year in a row, according to a new report released today by the National Academy of Social Insurance (NASI). In 2002, total workers’ comp benefits grew …
South Carolina Gov. Mark Sanford has sent a letter to the acting director of the Federal Emergency Management Agency’s Region IV Headquarters in Atlanta requesting a joint preliminary damage assessment (PDA) in the aftermath of Hurricane Charley making landfall in …
Workers’ compensation costs for some Colorado employers are reportedly likely to decrease next year. Colorado Insurance Commissioner Doug Dean announced recently that the National Council on Compensation Insurance (NCCI) has filed for an average decrease of 4.5% in workers’ comp …
Washington-based Unigard Insurance Group reported its 2004 first half results, an improvement over the company’s same results from a year ago. Unigard noted income of $14.4 million and a profitable 94.8 statutory combined ration through the end of June. For …
In a code orange New York, the International Association of Industrial Accident Boards and Commissions (IAIABC) took a fresh look at terrorism and its relation to workers’ compensation at its recent 90th Annual Convention. Alfred Weller, consulting actuary with MBA …
In testimony Friday before the Tennessee Department of Labor’s Medical Care and Cost Containment Committee, the American Insurance Association (AIA) endorsed a Medicare-based, objective fee schedule for provider reimbursement as the best way to ensure timely access to care for …
The U.S. Labor Department’s Occupational Safety and Health Administration (OSHA), the M.A. Mortenson Company and Civil Technology have formed a partnership to promote job safety and health in the construction of the Denver Stapleton Redevelopment site. “STA-SAFE 2” is the …
The Maryland Automobile Insurance Fund (MAIF), created by the Maryland State Legislature to provide insurance coverage for the state’s most at-risk drivers, has chosen RiskWise solutions from LexisNexis, an information solution provider, to help screen information provided by applicants and …