AutoOne Insurance, a division of OneBeacon Insurance Group, has written its 100,000th so-called “take-out” policy, helping to reduce the number of drivers in the New York Assigned Risk Automobile Insurance Plan. “We are thrilled to have reached this milestone,” said …
In Maryland, total workers’ compensation payments for injured workers’ cash benefits and medical care rose by 9.4 percent to $628.5 million in 2003, according to a report by the National Academy of Social Insurance. Nationally, workers’ compensation payments grew by …
American International Group, Inc. (AIG) has announced that Robert S. Schimek will join AIG as senior vice president and chief financial officer of the Domestic Brokerage Group, its commercial property-casualty insurance organization in the United States. He will report to …
Employees are facing a double whammy when it comes to health care costs: Many companies are likely to ask workers to pay more for their insurance while rising health care costs means companies may dole out lower raises. Half of …
Pennsylvania Insurance Commissioner Diane Koken has announced the appointments of Joe DiMemmo as deputy insurance commissioner for the Office of Liquidations, Rehabilitations and Special Funds, and George Hoover as deputy insurance commissioner for the Office of the Children’s Health Insurance …
NAS Insurance Services is now providing its EPLI insureds with toll-free Hotline and online services for their specific Human Resource/Employment questions. Insureds can talk directly with employment law attorneys about hiring and termination situations, ADA, harassment and other risk management …
Rancho Cordova, Calif.-based Allstate Insurance Company announced several promotions. Phil Telgenhoff was promoted to the position of regional distribution leader. He will have complete accountability for more than 1,300 California sales professionals who are responsible for selling a range of …
Insurance Commissioner John Garamendi issued the following statement today in regard to the jury’s award of $700 million in punitive damages against Artemis S.A. for its participation in a conspiracy to defraud the Executive Life estate: “Today the jury found …
The California Workers’ Compensation Insurance Rating Bureau’s Governing Committee approved the filing of an average 5.2 percent decrease in advisory pure premium rates to be effective on policies incepting on or after Jan. 1, 2006. The recommended decrease was based …
The U.S. Department of Labor has announced that California’s State Average Weekly Wage (SAWW) rose from $806.11 to $838.42 for the 12 months ending March 31, 2005 – remaining just below the threshold level of $840 that would have required …
