Gov. Jay Nixon has picked a Swiss Re insurance claims executive to lead the Missouri insurance department. John Huff, a Missouri native, has worked since July 2008 at the Zurich headquarters of Swiss Re, one of the world’s larger reinsurance …
A jury has ordered the University of Pittsburgh Medical Center to pay $5 million to a woman left brain-damaged after she was given too much sodium to correct a chemical imbalance. UPMC officials say they’ll appeal Thursday’s Allegheny County court …
The parents of an Iowa teenager killed 10 years ago in a van crash in southern Wisconsin have filed a lawsuit seeking damages for their son’s death. Albert and Deanna Roberts of DeWitt, Iowa, filed the lawsuit against Iowa Mutual …
Gov. Jennifer Granholm doesn’t want Michigan motorists to pay any more than they are now to support seriously injured accident victims. The governor asked the Michigan Catastrophic Claims Association to not increase its annual assessment above the current level of …
Standard & Poor’s Ratings Services has issued a comment on its CreditWatch placement of Norway-based non-life insurer ASA (NEMI). The ‘BB’ insurer financial strength and long-term counterparty credit ratings on NEMI remain on CreditWatch with developing implications, where they were …
“The economy stinks!” This is just the latest reason why claims training gets postponed or canceled. Isn’t this the same type of short-term thinking that got Lehman Brothers, Merrill Lynch and an assortment of mortgage brokers to go belly-up? Savvy …
Occupants, including an insurance company, are being asked to move out and the public is being barred from one of Norman, Okla.’s tallest building due to structural problems The Financial Center, constructed in 1972, was closed on Feb. 6 after …
Technicians are working out the kinks in a new claims payment system for an Oklahoma state workers insurance plan that has caused a backlog of up to 200,000 claims over the past six weeks, the plan’s administrator said. Bill Crain, …
Crawford & Co., the provider of claims management services to insurance companies and self-insured entities, reported that fourth quarter 2008 consolidated revenues before reimbursements totaled $262.9 million compared to $245.2 million in the 2007 fourth quarter. Fourth quarter 2008 net …
One worker is dead and another suffered serious injuries after a truck carrying a bucket lift toppled and crashed into a building in Boston’s Downtown Crossing. A Suffolk University spokeswoman says none of the students in the 10 West Street …