Monthly Archives: <span>June 2010</span>

Texas Work Comp Enforcements Include Suspensions, Insurer Fines

Final disciplinary actions taken in March and April by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) include removal of providers from Designated Doctors list and insurance company fines. Commissioner’s orders are subject to appeal to state district …

Kansas Smokers May Have to Pay More for Insurance

Already faced with smoking bans and rising cigarette prices, many Kansas smokers are learning that lighting up will cost them more for health insurance. And lying about smoking could cost them their job. A growing number of employers are requiring …

Oklahoma Flooding Leads to Dramatic Rescues

Recent record-busting rainfall in Oklahoma led to dramatic rescues from swift floodwaters, but officials and residents acknowledged the outcome could have been far worse. No one had to be hospitalized June 14, according to the Oklahoma State Department of Health. …

May 7- 8 Northern Ohio Storms Losses Top $31M

A series of storms on May 7 and 8 centered across the top half of the state caused at least $31.4 million in damages, according to preliminary insured loss estimates released by the Ohio Insurance Institute (OII). Thunderstorms produced hail, …

Federal Judge Approves $72M Insurance Settlement with The Hartford

A federal judge has given preliminary approval to a settlement under which The Hartford Financial Services Group Inc. will pay $72.5 million to more than 21,000 people nationwide who alleged the insurer engaged in fraud in settling their injury claims. …

Landslide Threatens Pennsylvania Business

A landslide in a western Pennsylvania community is threatening a local business. Fire crews were called to the North Shore Auto and Cycle Service shop in Reserve Township near Pittsburgh after someone spotted the slide Sunday. Some rocks came down …

Former Inmates Win Lawsuit Against Massachusetts

A federal judge has given preliminary approval to settlement for a lawsuit filed by former inmates who were housed at a Suffolk County, Massachusetts House of Corrections building that had no toilets or sinks in the cells. Inmates who were …

Ratings Roundup: Farmers Mutual (N.Z.), Shore Re, NGI

A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating to “a” from “a-” of New Zealand’s Farmers’ Mutual Group (FMG or the group) and its subsidiary, FMG Insurance Limited …

Best Affirms ‘A+’ Ratings of Canada’s Intact Insurance Group

A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Intact Insurance Group and its members: Belair Insurance Company Inc. (Montreal, Quebec), Intact Insurance Company, Novex Insurance Company, The Nordic …

Obama Demands BP Set Up Independent Account for Oil Claims

President Barack Obama, seeking to demonstrate strong leadership on the Gulf of Mexico oil spill, will demand today that BP set aside billions of dollars to pay damages from the catastrophe. A day after he vowed to fight the spill …