Workers’ compensation average costs per claim in Wisconsin grew eight percent in 2002, following two years of double-digit increases, according to a new study by the Workers Compensation Research Institute (WCRI). The major factor behind the increase was rapid growth …
With mountain snowpacks running 75 percent below seasonal averages and drought conditions projected throughout the Pacific Northwest, emergency managers are reportedly braced for a potentially lengthy and intense fire season. Scores of brush, range and timber fires have already flared …
Rhode Island’s landmark lawsuit against the lead paint industry has been postponed until Sept. 7, to give former lead company attorneys more time to depose parents or guardians of lead-poisoned children. The case was scheduled to begin on April 4. …
IBM has issued a bulletin noting the reliability of its iSeries system, which withstood Hurricane Ivan’s fury when it struck the Cayman Islands. The report details the experience of British Caymanian Insurance, part of the Colonial Group International (CGI), which …
A.M. Best Co. announced that it has affirmed the “A” (Excellent) financial strength rating of West of Luxembourg-based England Ship Owners Mutual Association (WOE) with a stable outlook. Best said it “regards WOE’s risk-adjusted capitalisation as excellent and believes this …
Missouri Attorney General Jay Nixon has filed a lawsuit against an Annapolis-based construction company for collecting nearly $25,000 in deposits from several Leadbelt-area residents for home improvement work that was never done. The lawsuit filed in St. Francois County Circuit …
A new study raises questions about medical liability reform initiatives premised on the assumption that caps on awards for non-economic damages in medical malpractice cases will reduce total jury compensatory awards. The analysis of the efficacy of caps on non-economic …
California-based Mercury Insurance Group announced it has increased its presence in San Antonio, Texas, by adding substantially to staff at its regional call center at 12961 Park Central Blvd. The facility opened in April 2004 with a staff of 54 …
Vaughn McKoy, director, Division of Criminal Justice, announced that an Essex County, New Jersey man has pleaded guilty for his role in a $1.2 million conspiracy to commit Health Care Claims Fraud and theft by deception as part of a …
The Property Casualty Insurers Association of America (PCI) is urging the Florida Legislature to establish an annual hurricane deductible for insurers and lower the threshold of losses that an insurer must sustain before it can recover money from the Florida …