Articles by Andrew G. Simpson

How Women Can Rise to Executive Level in P/C Insurance Industry

Networking is the single biggest thing women can do to facilitate their rise up the corporate ladder in the property/casualty insurance industry, according to four women who have done just that. And being a sponsor is one of the best …

Tennessee Court Rules on Workers Comp Statute of Limitations

A worker who witnessed the deaths of two co-workers but did not file a post-traumatic stress disorder claim until more than a year after the second death is still entitled to workers’ compensation benefits, the Tennessee Supreme Court has ruled. …

Court Reverses Mississippi Award Over ‘Negligent’ Flood Policy Advice

An insurance company selling federal flood insurance has won a case against a Mississippi homeowner who claimed the insurer was negligent in not informing him that he was eligible to buy a preferred risk policy with more coverage than he …

Bill Aims to Fix Problems with Medicare Set-Asides for Workers Compensation

The insurance industry is among the business and legal interests applauding legislation to resolve delays and inconsistencies in Medicare’s approval process for set-aside funds for injured workers’ claims. Medicare requires that funds be set aside in trust for future medical …

Do Safety Incentives Discourage Workers from Reporting Injuries?

Many employers are in the dark over whether their safety incentive programs encourage or discourage the reporting of injuries and illnesses by their employees, or if they have no effect. But a new report says employers, and the federal officials …

Court Sides with Mississippi Agent in Katrina Restaurant Case

The Mississippi Court of Appeals has upheld a ruling that the owners of a Bay St. Louis restaurant cannot collect more than $300,000 they claimed to be owed by a local insurance agent after their business washed away in Hurricane …

Look Out Gecko and Flo, ‘Mayhem’ Man, QB and Professor Are Gaining On You!

The gecko, caveman and sales clerk Flo might want to check their retirement plans. Their brands are getting overshadowed by competition from “upstarts” like the Allstate mayhem man, State Farm’s QB Aaron Rodgers and the Farmers University professor. The Geico …

Consumer Reports Taps Ire Over Faulty Medical Devices

Consumer Reports, the 76-year-old publication best known for its reviews of automobiles and refrigerators, is trying to galvanize the American public into protesting the way medical devices are approved by the U.S. Food and Drug Administration. The past couple of …

Trucking Industry Fights Obama Rules on Driver Fatigue

Trucking companies are going to court to fight Obama Administration rules designed to assure that commercial truckers on the road get proper rest. The American Trucking Association said it filed a petition this week with the U.S. Circuit Court of …

Aging Workforce May Not Be So Bad for Workers’ Compensation, NCCI Says

The aging workforce may not have the negative impact on loss costs that workers’ compensation insurers have feared. New research from the industry’s National Council on Compensation Insurance (NCCI) concluded that while loss costs are higher for older workers due …