Specialty Risk Services (SRS), a national property casualty third party administrator for workers’ compensation and general liability claims, has been awarded Case Management and Workers’ Compensation Utilization Management Accreditation from URAC, a Washington, DC-based health care accrediting organization that establishes …
The Office of Financial and Insurance Services (OFIS) announced that Michigan consumers will receive compensation as part of a negotiated settlement with insurance brokerage Aon Corporation. Nearly 8,000 Michigan citizens were affected by the settlement and are due $5,143,092. This …
In a collaboration between the American College of Surgeons and Blue Cross Blue Shield of Michigan (BCBSM), 15 of the state’s largest hospitals will participate in a program to evaluate the results of the general and vascular surgery procedures performed …
The U.S. Chemical Safety and Hazard Investigation Board, (CSB) recently issued an urgent recommendation calling on the BP Global Executive Board of Directors to commission an independent panel that would review a range of safety management and culture issues in …
A Texarkana, Ark., woman was sentenced to 15 years in prison after pleading guilty to a plot that involved her 18-year-old son and one of his young friends traveling to Houston to kill her ex-husband. The man was not harmed. …
Undervaluation statistics for the United States homeowners business have continued to improve since 2004, according to Marshall & Swift / Boeckh (MS/B). MS/B, a provider of building cost data and estimating technology to the property insurance industry, has been tracking …
The U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) has cited B & D Industrial & Mining Services and proposed penalties totaling $41,550 following a fatal accident at the company’s Jasper, Alabama plant. “This accident could have been prevented …
With just 21 days to go until the deadline, applicants can still apply for disaster assistance with the U.S. Department of Homeland Security’s Federal Emergency Management Agency. FEMA and State Emergency Response Team (SERT) officials encourage homeowners, renters and business …
The London insurance market’s Joint War Committee (JWC) has rejected the shipping industry’s complaints about its designation of the Straits of Malacca as a “war risk” area (See IJ Website Aug. 15). At a meeting on Tuesday, Aug. 16, The …
Standard & Poor’s Ratings Services has given a definite maybe to a newly unveiled reform plan for Korea’s insurers. The rating agency called the plan “a good start towards enhancing the industry’s transparency,” but indicated: “the plan could better achieve …