Two high-profile Texas attorneys were sued by a fishing boat captain who said they were involved in a scam to cheat BP Plc out of millions of dollars with false compensation claims for the Gulf of Mexico oil spill. She’s …
Gavan, President & CEO of Economical Insurance, to Retire December 2016 The board of directors of Canada-based Economical Insurance announced that Karen Gavan will retire as president and CEO and director at the end of her contract on December 31, …
The Oklahoma Workers’ Compensation Commission has determined that the opt-out portion of the state’s 2013 workers’ compensation statute is unconstitutional. Ruling on an appeal under the provisions of the Oklahoma Employee Injury Benefit Act, or Opt-Out Act, the three judge …
Pricing improvements over several years in underwriting portfolios have propelled returns for U.S. regional property and casualty insurers, according to Fitch Ratings. The ability to implement further pricing actions in a more competitive market environment will have a significant influence …
Ed Heinlein surveys the steep mountainside that has repeatedly unleashed tons of mud into the backyard of his Southern California home since a 2014 wildfire and still hopes the drought-stricken state gets more rain. “We have to have the rain,” …
Over the next two years, many property/casualty insurers expect to advance their use of predictive analytics to both improve business performance and leverage big data, according to Willis Towers Watson, a global advisory, broking and solutions company. This seemingly makes …
Unprecedented planning by state and local authorities, law enforcement and the insurance industry established what is being called a national model for protecting the public from fly-by-night contractors in the aftermath of a natural disaster. According to the National Insurance …
After hugging family members of victims killed in drunken driving-related accidents, New Mexico Gov. Susana Martinez signed a bill Tuesday aimed at toughening penalties for drunken driving offenses. Martinez signed the measure during a ceremony at New Mexico State Police …
Focus on the risks associated with electronic cigarettes continues to rise as their popularity continues to grow. Electronic cigarettes, or e-cigarettes as they are often referred to, are typically a battery powered cigarette look-alike designed to deliver the same nicotine …
It’s not legal, but Doug Klein says he hasn’t put front license plates on his cars in 30 years. He’s willing to risk getting a ticket to keep it that way. Klein is the owner of American Dream Machines in …