July 23, 2007
Strong pricing and benefits from state workers’ compensation law reforms have masked an increase in workers’ compensation accident-year losses that could curtail the recovery now that the market is softening, according to a new study by Conning Research and Consulting. …
July 23, 2007
Four Arab-American men claim in a lawsuit filed in Massachusetts against FedEx Corp. that their supervisors subjected them to religious and ethnic slurs, called them terrorists and gave them less lucrative delivery routes. “They all came to this country because …
July 23, 2007
A floor products company faces a lawsuit by the Maine widow of an employee who was killed last year in a highway crash after he apparently fell asleep at the wheel while driving home from work. Another motorist who was …
July 23, 2007
The families of three former Bethlehem Steel workers were awarded $3.97 million in a Maryland asbestos case the plaintiffs’ attorney said was the first of hundreds such cases. The plaintiffs had sued General Electric in Baltimore Circuit Court over asbestos-lined …
July 23, 2007
The California State Bar is considering whether lawyers in the state should be required to disclose whether they have malpractice insurance. State Bar President John Van de Kamp has appointed a task force to study whether the state should require …
July 23, 2007
Oregon’s Department of Consumer and Business Services is seeking public comments on its proposed amendment of the state’s administrative rules relating to assessments against insurers to fund regulatory functions under the insurance code. The rulemaking implements recently enacted legislation (HB …
July 23, 2007
A Savannah doctor pled guilty to participating in a $5 million scheme to defraud Georgia health care insurance programs. Rafael G. Razuri, who was an owner of Southside Medical and Rehabilitation Center, pled guilty to conspiracy to commit health care …
July 23, 2007
State Farm Insurance, Florida’s largest private home insurer, said it will drop about 50,000 homeowners policies next year in what it considers risky areas along the coast. Most of the homes and condos that will lose their coverage are within …
July 23, 2007
Insurance rates for people along the South Carolina coast who can’t find regular coverage for hurricane and wind damage will likely be going up this fall, although the amount of the increase has not been determined. The wind insurance pool …
July 23, 2007
A national study suggests Alabama’s mandatory auto insurance law has had little effect on the number of uninsured driver on state roads since the Legislature enacted it in 1999. The Insurance Research Council, a nonprofit study group funded by insurance …