Insurance
Report: Sharp Increase in California Workers’ Comp Med-Legal Costs
Payments for medical-legal services used to resolve medical disputes over compensability issues in California work injury claims have risen sharply under the new Medical-Legal Fee Schedule that took effect last year, a new report shows. The report from the California …
Read More Insurer’s Good Deed Restarts the Clock on Benefits, Carolina Appeals Court Finds
Insurers might say this one falls in the category of “no good deed goes unpunished.” In a workers’ compensation decision published today, July 5, the North Carolina Court of Appeals held that the re-issuance of a missing check to an …
Read More Rates Increases Steady in Q2: MarketScout
MarketScout said commercial property/casualty rates in the U.S. during the second quarter 2022 were about the same as the first quarter, with composite average rate increases across all lines of just over 5.9%. Increases were 6% in the first quarter …
Read More Austin, Texas Officials Report At Least 90 Fires From July 4th Celebrations
The Austin, Texas fire department reported at least 90 fires the night of July 4th in spite of a fireworks ban ordered by Austin and Travis County officials. Most of the fires were small grass, dumpster and trash fires, the …
Read More Lawsuits Filed After Deadly Missouri Amtrak Crash
The first lawsuits have been filed only days after an Amtrak train collision and derailment in rural Missouri that left four people dead and injured up to 150 others. In a federal lawsuit filed last Friday, surviving passenger Janet Williams …
Read More Texas Manufacturing Company Fined $400,000 Over Worker’s Injuries
A federal workplace safety investigation found that a temporary worker suffered serious injuries on Jan. 3, 2022, after being struck by a large mold at a Texas concrete polymer manufacturing company. It was determined that the employer failed to install …
Read More People Moves: Gray Insurance Co. Names Boudreaux as President; Beacon Hill Adds Radcliffe, Skiles
The Gray Insurance Company Names Borne “Paul” Boudreaux, III as President The Gray Insurance Company announced that Borne “Paul” Boudreaux, III will be named President of the Company, effective July 1, 2022. In his new position, he will take a …
Read More Marsh & McLennan Acquires Illinois’ CS Insurance Strategies
Marsh & McLennan Agency LLC acquired CS Insurance Strategies, full-service insurance broker based in Chicago. CS Insurance Strategies was founded in 2009 by Charles Smith, creating a minority-owned brokerage providing employee health and benefits, business insurance, and risk management consulting …
Read More Family of Boy Killed in Iowa Amusement Park Accident Sues Facility
The family of an 11-year old boy who died on a water ride at an Iowa amusement park a year ago filed a wrongful death lawsuit in state court last week, alleging the park failed to properly maintain and repair …
Read More Markets/Coverages: Physicians Mutual Unleashes Pet Insurance; Allianz Expands Cyber Capacity for Coalition
Physicians Mutual Launches Pet Insurance Physicians Mutual has launched pet insurance for dogs and cats. Physicians Mutual Pet is the company’s first entry into the property/casualty market. Physicians Mutual Pet is currently available in 34 states amid a national rollout. …
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