A former employee performing as a jousting “knight” at a Medieval Times dinner theater in Illinois has filed a federal class-action lawsuit alleging he was discriminated against for filing and receiving workers’ compensation benefits. Garrett Bonham, 29, seeks more than …
The Texas Department of Insurance announced it is seeking public input on Article 21.49-2U of the Texas Insurance Code, which addresses the use of credit information and credit scoring in underwriting and rating for residential property and personal automobile insurance …
Oklahoma Attorney General Drew Edmondson and State Treasurer Scott Meacham said Oklahoma received has more than $741,000 from a settlement with the tobacco industry. Meacham’s office confirmed receipt of a wire transfer in the amount of $741,832.28 from the trustee …
The Arkansas Workers’ Compensation Commission (AWCC) announced it intends revise four Rules of the Commission and is seeking public comment. The rules in question are: Rule 3, “Employer Filing Requirement” Rule 4, “Termination of Coverage by Insurance Carrier: Employer to …
The Securities and Exchange Commission is easing rules for insurance companies to raise capital, responding to concern that the billions of dollars of losses from Katrina and Rita could make it harder for the insurers to pay victims’ claims. The …
A court-appointed receiver will run the finances of a Bloomfield, Conn. trucking company whose vehicle triggered a deadly 20-car crash in July, a judge ruled. Hartford Superior Court Judge Vanessa L. Bryant also threatened to hold American Crushing & Recycling …
Beazley Group plc announced that Orville Lewis is joining the company to establish a new underwriting practice focusing on U.S. transportation risks. Lewis brings to Beazley extensive experience of underwriting transportation risks on both an admitted and a non-admitted basis, …
While property/casualty industry expects insured losses from Hurricane Katrina to reach a record high of $34.4 billion, the Property Casualty Insurers Association of America says insurers will weather the storm of more than 1.6 million claims spread out over six …
California Insurance Commissioner John Garamendi announced Wednesday that $386 million has been distributed this year to policyholders and claimants of insolvent (bankrupt) insurers liquidated through the state’s Conservation and Liquidation Office (CLO). Through the CLO, a service organization responsible for …
Michigan Attorney General Mike Cox has charged a Macomb County-based corporation that provides in-home care and nursing services to severely handicapped patients with 31 counts of filing false Medicaid claims. Cox has also charged the corporation’s owner and CEO with …
