Lawmakers in three states and in Congress have introduced bills to impose more controls on litigation funding companies, which insurers contend are one of the factors leading to an increase in “nuclear verdicts” that have pushed up claims costs and …
It was a popular idea five years ago: make sure every state had high-security driver’s licenses to thwart terrorism at airports. But the U.S. Department of Homeland Security’s Real ID system faces opposition from states still reeling from recession. The …
The deep recession in Michigan is impacting the workers compensation system there as some costs per claim rose slowly, according to a new study by the Workers Compensation Research Institute (WCRI). Amid recessionary pressures, indemnity costs per claim – payments …
Modest growth of workers’ compensation indemnity costs per claim in Maryland indicated little evidence of the potential impact of the recession, according to a new study by the Workers Compensation Research Institute (WCRI). Amid recessionary pressures, indemnity costs per claim …