Long term care liability costs are rising because the average claim size is increasing even as claim frequency declines. There has been a four percent increase in the average claim size, according to research by Aon Risk Solutions in its …
A string of earthquakes in New Zealand is sending tremors through the global insurance market with some companies delaying underwriting policies and others turning to capital markets to offset the risk of pile-on damage and costly claims. “Although there has …
James Bromley-Challenor has been appointed National Claims Manager, announced underwriting agency DUAL Corporate Risks. A key part of Bromley-Challenor’s responsibilities will be to manage the day-to-day relationship with the Kennedys law firm, appointed earlier this year to partner in managing …
Coast Guard figures show New Jersey bucked a national trend of record low recreational boating deaths in 2010. Eight people died in boating accidents in the Garden State last year, two more than in 2009. There have been no deaths …
Prosecutors have accused a truck driver of having marijuana in his system when he struck and killed a road construction worker in northeastern Indiana. The Adams County Prosecutor’s Office filed a felony charge of causing death while driving with a …
State figures show the Department of Military Affairs and Public Safety had the worst workers’ compensation record among state agencies over the past five years. The Charleston Daily Mail reports that the department had $10.8 million in claims and paid …
A state judge has ruled against the city of Meridian in its civil lawsuit against the construction company hired to build the new city hall. Judge Ronald J. Wilper also ruled Wednesday that the city is responsible for $1.8 million …
A week after two unarmed Louisiana insurance fraud investigators were shot and killed while looking into a case, state lawmakers are working to give the investigators’ families some compensation. The Louisiana Senate unanimously agreed Wednesday to expand existing law to …
Angry, drunken fans ran wild after the Vancouver Canucks’ 4-0 loss to Boston in the decisive Game 7 of the Stanley Cup finals, setting cars and garbage cans ablaze, smashing windows, showering giant TV screens with beer bottles and dancing …
Fire swept through a family’s home that appeared to have no working smoke detectors early Thursday, killing a couple, their two children and two other children who were sleeping over after a cookout, officials and a neighbor said. Firefighters arrived …