Features

FEMA Makes Waves with Guidelines on Climate Change

The Federal Emergency Management Agency is making some waves with a new requirement that forces states to take into account the possible impact of climate change in their risk assessments before they can receive certain assistance. FEMA included this condition in …

South Carolina Court Rules Stripper Shot at Club Entitled to Workers’ Comp

An exotic dancer who was shot at a Columbia, S.C., nightclub is entitled to workers’ compensation benefits for her injury, according to a ruling by the state’s highest court. The State newspaper reported that the South Carolina Supreme Court made …

NOAA: Western N.Y., New England at Elevated Risk of Moderate Flooding

According to National Oceanic and Atmospheric Administration’s (NOAA) Spring Outlook forecast issued on March 19, rivers in western New York and eastern New England have the greatest risk of moderate spring flooding in part because of heavy snowpack coupled with …

Medical Marijuana Discussion Comes to the Texas Capitol

Calling it “an historic moment” medical marijuana advocates praised the filing of what has been deemed comprehensive medical marijuana legislation in the Texas House. Introducing the legislation at a press conference in the Capitoal building on March 17, Rep. Marisa …

North Carolina’s Hospital Costs

Hospital costs per workers’ compensation claim in North Carolina were higher than most states in 2012 in the wake of attempts to control their costs, according to a 2014 study by the Workers Compensation Research Institute (WCRI). The report looked …

N.J. Tops Nation in Auto Insurance Rates

An annual industry report shows New Jersey has the costliest auto insurance rates in the nation. The National Association of Insurance Commissioners says New Jersey motorists paid an average of $1,220 in 2012. That’s about 49 percent more than the …

5 Tips to Help Risk Managers Address the Sharp Drop in Oil Prices

Oil and gas companies, as well as service contractors, manufacturers, distributors, transportation companies and any entity that supports the energy complex including, local banks, construction firms and real estate markets in oil towns across the country, are in the midst …

Citizens: Florida Policyholder Count Lowest Since Company Creation

Citizens Property Insurance Corp. is the smallest it has been since its creation more than a decade ago, as improving private-market conditions continue to offer policyholders more choices for how best to protect their homes, according to a statement by …

‘Crash and Buy’ Fraud Seen Growing in Md.

The Maryland Insurance Administration (MIA) said “crash and buy” auto insurance schemes are a growing trend in the state. When an uninsured driver crashes, buys insurance, then claims the accident happened after the policy took effect, that is fraud and …

Texas Windstorm Insurer: Private Carrier, UPC, Interested in 60K Policies

The Texas Windstorm Insurance Association (TWIA) announced that a carrier participating in its depopulation program has signaled an interest in taking over around 60,000 TWIA policies. TWIA is the property insurer of last resort for wind and hail along the Texas coast. …

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