Workers compensation reforms proposed by Governor Brad Henry passed through the Oklahoma State Senate on a straight party-line vote, according to the Senate Communications Office. With Democrats backing the governor’s proposal and Republicans voting in opposition, Senate Bill 846 was …
“Building Partnerships for a Safer Tomorrow” was the theme of the Occupational Safety and Health Administration’s inaugural conference in Washington, D.C. March 16-17 to spotlight successes and best practices of the agency’s National Strategic Partnership Program. The conference was held …
A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and the issuer credit rating of “aa” of Caisse Centrale de Reassurance (CCR) (France). The outlook for both ratings remains stable. The ratings reflect A.M. Best’s opinion that …
A measure to ensure that Oklahoma homeowners do not receive a cancellation notice of their insurance after filing a claim and a bill to enable consumers to get defects with their newly built home repaired swiftly have cleared the Oklahoma …
A former claims manager of the West Virginia Workers’ Compensation Commission has been sentenced to two years on probation and fined $2,500 in connection with a reported scheme to refer injured workers to a Pennsylvania rehabilitation company. Denise Miller pleaded …
The American Insurance Association (AIA) on Thursday lauded South Carolina legislators for passing a comprehensive tort reform package. Approval of H. 3008 should return balance and predictability to the state’s civil justice system. “Certain counties in South Carolina have developed …
U.S. business leaders came out in force this week to urge renewal of the federal Terrorism Risk Insurance Act and warn that market restrictions on terror insurance coverage are already beginning to be felt in the marketplace, 10 months before …
The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced that Kern, Orange, Riverside, San Bernardino, San Diego and Santa Barbara counties have also been determined eligible for federal disaster aid to help residents recover from the severe …
A.M. Best Co. announced that it has affirmed the Best’s Syndicate Rating of “A+” (Superior) and issuer credit rating of “aa-” of Lloyd’s Syndicate 1414 with a stable outlook. Best explained that the “action resolves the under review status under …
CNA Financial Corporation has entered into a definitive agreement to sell Caronia Corporation, a third-party claims administrator focused on medical professional liability, to Octagon Risk Services, Inc., a subsidiary of Security Capital Corporation. Octagon Risk Services, Inc., is a third …