New York State should centralize its workers’ compensation data in an information bank that could be used to analyze, benchmark and improve the system, Insurance Superintendent Eric Dinallo says. The information bank would comprise detailed claim-related costs as well as …
Standard & Poor’s Ratings Services has revised its outlook on U.K.-based Novae – Syndicate 2007 to positive from stable. S&P also affirmed its Lloyd’s Syndicate Assessment (LSA) of ‘2+’ (high dependency) on the syndicate. The revision reflects S& P’s “expectation …
A.M. Best Co. has removed the under review with negative implications status and assigned a negative outlook to the debt rating of “aaa” on $800 million of floating rate insured notes, due December 1, 2037 issued by Northwind Holdings, LLC, …
Washington consumers filed 19,686 complaints with the Attorney General’s Office in 2007, with insurance ranking among the top 20 complaints. Complaints about collections agencies climbed to the No. 2 spot, bumping retailers, who held that ranking since at least 2001, …
Merck & Co. on Monday said it has moved closer to resolving thousands of claims arising from its 2004 withdrawal of arthritis pill Vioxx, with 93 percent of people alleging the drug caused a heart attack or stroke submitting documents …
Gov. Matt Blunt is asking for federal money to reimburse local governments in southern Missouri affected by a February winter storm. Damage assessment teams attributed almost $14 million in infrastructure damage in 18 counties to icy weather Feb. 10-14. If …
New Jerseyans may soon start taking their eyes off the road and focusing on their computers screens in a bid to lower their insurance rates. And no, it’s not because they’ll be looking for a new agent or insurance carrier. …
Enforcement actions taken by The Texas Department of Insurance that became final during January 2008 include nine license revocations, a license denial and fines and restitution totaling $569,867. Only final orders are listed. An order imposing disciplinary measures becomes final …
Oregon Civil Air Patrol planes equipped with loudspeakers will help warn coastal residents if a tsunami heads their way. On a recent test run, pilot Scott Bakker used a tiny MP3 player hooked to a powerful speaker aboard a Cessna …
Meijer Incorporated is voluntarily recalling more than 2,000 pounds of frozen entrees from stores in Michigan, Indiana and Ohio. The Michigan retailer said federal officials’ testings showed possible contamination with listeria, a microorganism capable of causing illness or death. No …