World Trade Center builders rallied with hundreds of construction workers Monday to protest stalled payments by two insurers, saying their failure to pay is jeopardizing ground zero rebuilding. Trade center developer Larry Silverstein, Port Authority of New York and New …
The American Insurance Association reported that the Oklahoma Senate unanimously approved Senate Bill 565, which encourages insurers doing business in the state to closely examine their operations and “clean house” when necessary by allowing insurance companies to initiate internal audits. …
The Texas Department of Insurance reported that on March 8, 2007, the Travis County District Court affirmed an earlier order by Texas Insurance Commissioner Mike Geeslin requiring Allstate Texas Lloyds to reduce its homeowners insurance rates by 5 percent. The …
Highway security videotape could hold clues about who torched a stolen car and triggered a fierce wildfire near the hills southeast of Los Angeles. Investigators believe the 2,036-acre brush fire in the Anaheim Hills ignited Sunday after someone set ablaze …
An attorney who stole nearly $400,000 in insurance refunds from his doctor clients and then tried to cover his tracks by faking bank statements and kiting checks was sentenced to two years in prison. Michael Suverkrubbe, an attorney and former …
The Oregon Senate has approved a bill to provide protection for farmworkers. Senate Bill 202 requires farm labor contractors to provide workers’ compensation insurance for workers, and requires applicants for farm labor contractor licenses to provide proof of existence of …
California’s State Compensation Insurance Fund will sponsor a workplace safety seminar in Bakersfield, Calif., on March 20. The seminar will cover ergonomic workplace strategies, safety basics, and Cal/OSHA’s top 10 workplace safety violations. Each section of the seminar will address …
Guy Carpenter & Company, LLC, the risk and reinsurance specialist of the Marsh & McLennan Companies, has launched SelectCat, which it describes as “an innovative, index-based product that provides reinsurers with much needed capacity, flexibility and rational pricing for managing …
Standard & Poor’s Ratings Services said that its ratings and outlooks on the European subsidiaries of Zurich-based global reinsurer Swiss Reinsurance Co. -rated “AA-/Stable/A-1+” – remain unchanged following the announcement by the group with regard to the future reorganization of …
The Ohio Department of Insurance has announced that the 2007 Insurance Fraud Seminar will be conducted Thursday, March 15 at Quest Conference Centers, 8405 Pulsar Place, Columbus, Ohio. Co-hosts are the Ohio Chapter of the National Society of Professional Insurance …