December 3, 2012
The amount of surplus lines insurance premium written in Texas rose by 25 percent as of the end of October compared with the same period the year before, signaling a boost to companies operating in this sector. The state of …
November 16, 2012
Indiana’s high court has ruled that the state’s fund established to cover excess damages in medical malpractice cases may not dispute the existence or cause of a plaintiff’s injury in a case in which the medical providers previously settled the …
October 12, 2012
Although the birth date range for millennials, sometimes called Generation Y or Gen Y, varies, a Deloitte Consulting LLP report puts the range between 1982 and 1993. Despite the recent economic downturn, industries across the board are looking at this …
July 11, 2012
Texas Gov. Rick Perry in mid-June signed a measure backed by agents groups that requires regulatory approval of property and casualty certificate of insurance forms provided to insureds as proof of insurance coverage. The governor also signed a bill requiring …
July 8, 2012
Although the birth date range for millennials, sometimes called Generation Y or Gen Y, varies, a Deloitte Consulting LLP report puts the range between 1982 and 1993. Despite the recent economic downturn, industries across the board are looking at this …
June 29, 2012
Texas’ top insurance regulator says the precarious financial position of the state’s insurer of last resort for properties in coastal areas is nothing new. Responding to a letter sent to her by State Rep. John Smithee, chairman of the House …
June 7, 2012
Louisiana Workers’ Compensation Corp. (LWCC) was created by the state legislature in 1991 in an effort to stabilize and revitalize the state’s workers’ compensation. Today, the private nonprofit mutual insurance company has around 17,000 policyholders and is the largest workers’ …
May 25, 2012
Federal prosecutors in New Orleans announced that a Louisiana seafood processing plant and an Illinois seafood distributor have each been charged with one count of mislabeling over $100,000 worth of commercially-sold shrimp. The firms are charged with a felony violation …
May 23, 2012
Texas’ insurer of last resort for wind and hail in coastal counties will remain under the administrative control of state regulators and it will file for a 5 percent rate increase in August to become effective Jan. 1, 2012. At …
April 11, 2012
Although none of the 50 U.S. state governments were found to be exemplary, three out of four of the South Central states received very lackluster rankings in a report evaluating state governments on integrity and the ability to prevent corruption …