Monthly Archives: <span>September 2006</span>

Ark. Court Says Worker at Retreat Entitled to Aid After Injury

The Arkansas Court of Appeals said a woman who was injured during a “team bonding” retreat with co-workers was entitled to workers’ compensation, reversing a state panel’s ruling that she wasn’t performing work for her employer at the time. Tina …

N.H. Audit Blasts State Insurance Buying Practices

The state of New Hampshire routinely bypasses competitive bidding for insurance contracts and awards them to incumbent producers, a state audit report that severely criticizes many of the state’s insurance practices has found. The report also blasts the state’ risk …

Wash. Report Reveals Cost of the Uninsured More than $550 Million

Washington Insurance Commissioner Mike Kreidler has released a report revealing that the cost of providing health care for the uninsured in Washington state has risen to more than half a billion dollars a year. According to the latest report, the …

More than 2,200 Auto Claims Filed after Southern N.M. Storm

More than 2,200 automobile claims and 950 homeowner claims have been filed through insurance companies as a result of last week’s hailstorm in southern New Mexico, a trade association said. The Rocky Mountain Insurance Information Association based its numbers on …

Officials Warn of Health Care Scam Targeting Ark. Veterans

The Central Arkansas Veterans Healthcare System is warning veterans of a scam in which a caller pretends to be from an insurance company to get credit card numbers and other personal information from veterans. Officials say a veteran in central …

Texas Work Comp Reform: A Lot Done, More to Go

Speaker after speaker at the Sept. 20 workers’ compensation conference presented by the Insurance Council of Texas recognized that while reform of Texas’ workers’ compensation system has come a long way, there is still a long way to go. Workers’ …

Ill. Comptroller Offers Bleak Look at State Budget Picture

Paying increased costs for employee pensions, health care for the poor and debt service will eat up virtually all new money the state can expect to bring in over the next three years, Comptroller Dan Hynes said Monday. The state …

Wolf Professional Risk Enters Professional Liability Market

Tampa, Fla.-based Wolf Professional Risk Inc., a wholesale brokerage firm, will begin offering services within the professional liability marketplace. The firm will initially focus on products that provide coverage for attorneys (lawyers professional liability), miscellaneous medical facilities (medical facilities liability), …

S&P: Marsh & McLennan Rating Unaffected by Possible Putnam Sale

Standard & Poor’s Ratings Services said that it is taking no rating action on Marsh & McLennan Companies (BBB/Negative/A-2) following the firm’s decision to, as MMC phrased it, “do a market check to determine the value” of its Putnam Investments …

AIG Political Contributions by Subsidiaries Questioned in N.Y.

Major corporations based in New York such as American International Group Inc. have legally contributed many times more than the corporate limit to political candidates who regulate their businesses, state and good-government officials said. In the case of AIG, the …