Workers 65 years old and older tend to have lower indemnity costs for workers’ compensation than do younger workers, largely because of their lower weekly wages. That information from a new industry study could be good news for insurers as …
The California Restaurant Mutual Benefit Corp. (CRMBC) announced that employer member Tamisha Carson has pleaded no contest today in Solano County, Calif., court to one count of insurance fraud, charged as a misdemeanor. Carson had been videoed in April 2008 …
Phyllis Steffen has been named vice president of the Direct Claims Division at Grinnell Mutual Reinsurance Company located in Grinnell, Iowa. Steffen’s promotion follows a 34-year career at Grinnell Mutual, where she has most recently served as assistant vice president …
A federal judge has sentenced a Harrah, Okla., woman to three years in prison for embezzling military life insurance proceeds meant for her son. U.S. District Judge Stephen Friot also ordered Trisha Fish to pay more than $362,000 in restitution. …
Entergy Corp. has filed a second suit against the Army Corps of Engineers over flooding that followed Hurricane Katrina, leaving behind hundreds of millions of dollars to power systems and higher rates for hundreds of thousands of electricity customers in …
Missouri’s top judges questioned Jan. 14 whether a 2005 law limiting medical malpractice lawsuits is being wrongly applied to people retroactively and is discriminating against the spouses of those injured. Attorneys for patients argued to the state Supreme Court that …
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Insurance Corporation of Barbados Limited (ICBL) with stable outlooks. Best said the rating actions “reflect ICBL’s solid capitalization, leading market …
Three personal injury lawsuits were filed against Pfizer Inc. Thursday, claiming its smoking cessation drug Chantix caused attempted suicides and death. The lawsuits, filed in New York State Supreme Court in Manhattan, claim that at the time the plaintiffs took …
Recent fire tragedies involving home oxygen units have prompted Massachusetts officials to launch a new public awareness effort. State Fire Marshal Stephen Coan and members of a task force on home oxygen safety plan to unveil the campaign during an …
The Vermont Supreme Court says a landowner can sue the president of the Vermont Asbestos Group over contamination on property next to a former asbestos mine in Eden and Lowell. The Supreme Court on Friday overruled a lower court’s decision, …