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Idahoans to See Slight Reduction in Workers’ Comp Rates in 2015

The Idaho Department of Insurance this week announced Idaho’s overall workers’ compensation premium rates will be reduced by an average of 0.2 percent for 2015. “This slight rate decrease is an indicator of the stability of workers’ compensation coverage in …

Bauer Joins Integro’s Casualty Practice in Oregon

Insurance brokerage and risk management firm Integro has named Kate Bauer as vice president in its casualty practice. Bauer will be based in Portland, Ore. and she will work with Integro clients to develop and deliver customized risk strategies and …

Virgin Galactic Spaceship Crashes; Co-Pilot Reported Dead

A spacecraft for Richard Branson’s Virgin Galactic Ltd. tourism operator crashed during a test flight in California’s Mojave Desert, killing the co-pilot and injuring the pilot. The pilot ejected and suffered “moderate to major injuries,” Kern County Sheriff’s spokesman Ray …

Pennsylvania’s Mcare Fund Assessment Down 48% for 2015 Coverage

Pennsylvania Gov. Tom Corbett announced the assessment for the state’s Medical Care Availability and Reduction of Error (Mcare) Fund — a medical liability coverage fund run by the state — will decrease 48 percent for 2015 coverage. Corbett said on …

Louisiana’s Direct Action Statute’s Effect on Claims-Made Policy Notice Provisions

Typical claims-made insurance policies require claims to be both made and reported within the applicable policy period. Under this type of policy, the risk of a claim incurred but not made, as well as a claim made but not reported, …

Millions Unclaimed in Ohio Workers’ Comp Overcharge Case

The law firm handling a $420 million state settlement over Ohio employers being overcharged for workers’ compensation premiums says millions of dollars weren’t claimed by the deadline. The Bricker & Eckler law firm tells The Columbus Dispatch that 35,000 claims …

Integro Adds Duncan as VP in Chicago

International insurance brokerage and risk management firm Integro announced that Lisa Duncan has rejoined the firm as vice president in the property practice. She will be based in Chicago. Duncan returns to Integro from the London-based retailer Burberry, where she …

Oklahoma Homeowners Benefit from Improved Fire Protection Rating

Homeowners in eastern Cleveland County in Oklahoma could soon pay less for property insurance as result of an improved Public Protection Classification (PPC) for the Cedar Country Fire Protection District, the Oklahoma Insurance Department announced. The Insurance Services Office (ISO) …

First Trial Over ‘Moldy’ Washers Ends with Win for Whirlpool

Michigan-based Whirlpool Corp has been found not liable by a U.S. jury in the first lawsuit to go to trial accusing the company of selling front-loading washing machines containing a design flaw that made them prone to developing mold. The jury …

Oregon Lawmakers Told By Oracle Lawsuit is a Waste Of Money

Oracle Corp. is appealing to Oregon legislative leaders in the legal fight over the failed Cover Oregon health insurance website. In a letter sent last week to Senate President Peter Courtney and House Speaker Tina Kotek, Oracle CEO Safra Catz …

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