No easy task lay before anyone attempting to make accurate claims projections. One hurricane over Miami and any reasonable forecasts blow away. Hugh Strawn, assistant vice president of the Property Loss Research Bureau, was understandably succinct then when he predicted …
Standard & Poor’s Ratings Services said today that news reports (See IJ web site) about the suspension issued to Allstate Corp. (ALL) by the Florida Insurance Commissioner that prohibit some of the companies subsidiaries from writing new auto insurance policies, …
Medical Malpractice insurance has been stable since its last market disruption in the early 2000s and is now poised for continued profitable growth, according to a new study, “Medical Malpractice: Getting Ahead of the Curve,” by Conning Research and Consulting …
A suburban Denver man believed to be the only consumer to develop “popcorn lung” from regular servings of microwave popcorn filed a lawsuit claiming injury from the artificial butter flavoring that previously sickened only popcorn factory workers. Wayne Watson’s attorney, …
Oakland, Calif.-based VRT Insurance Services Inc. has opened a full-service Sacramento office. The expansion office will provide commercial insurance, employee benefits, enterprise risk management, directors and officers liability, surety and financial services and workers’ compensation claims management to public entity, …
Levees protecting a sprawling neighborhood north of downtown are so weak that water from the Sacramento River is seeping through, threatening about 60,000 residents, federal officials said early this week. The U.S. Army Corps of Engineers and the Federal Emergency …
The founder of the huge Deffenbaugh waste management firm sued a Johnson County, Kan. hospital over an incident that allegedly left him a quadriplegic. The lawsuit says Ronald Deffenbaugh was left sedated, improperly restrained and unattended on an X-ray table …
The Louisiana Supreme Court will hear arguments Feb. 26 to decide whether homeowner insurance policies cover water damage done to thousands of south Louisiana properties when the levees broke after Hurricane Katrina. Joseph Sher, a 91-year-old Holocaust survivor and resident …
Louisiana’s new agriculture commissioner, Mike Strain, wasted no time in ending his department’s much criticized use of non-construction employees for major building projects. The state’s Office of Risk Management recommended an end to the practice to limit the state’s liability. …
The Louisiana Department of Insurance reported that a Shreveport bail bond agent has been arrested, issued a cease and desist order, a revocation of his license and fine for the felony crime of filing false public documents and extortion. Willie …