The U.K.-based Beazley Group announced that MarshMac veteran Dan Jones has been appointed as an independent non-executive Director to the Beazley Group Board, to take effect July 1. He will retire from Marsh in June. Jones “has more than 20 …
Facing a difficult election year and a “buzz saw” of opposition from a range of powerful groups, a state senator on Monday pulled his plan to charge drivers a $10-per-vehicle fee to shore up the state’s trauma care system. Hospitals …
Abram Interstate Insurance Services Inc. in Rocklin, Calif., is offering a new program providing coverage for vacant or unoccupied commercial land and buildings and residential properties. Coverage is on a package or monoline basis. Package coverage includes general liability, inland …
Based on 2006 population and property exposures in the San Francisco Bay area, Risk Management Solutions, Newark, Calif., estimates there would be at least $260 billion in damages to residential and commercial exposures if the 1906 San Francisco Earthquake and …
In a major victory for Maine insurers, legislation drafted by the National Association of Mutual Insurance Companies (NAMIC) aimed at correcting a Maine Supreme Judicial Court decision hindering insurers’ ability to limit their exposure to certain uninsured motorist claims has …
The New York State Insurance Fund’s two most widely-read publications, Partners in Safety and A Claims Guide for the Employer, are now available in Spanish. “These publications will enhance NYSIF’s outreach,” said Executive Director David P. Wehner. “Making these publications …
The U.S. Supreme Court grappled early this week with the growing problem of employers retaliating in the workplace after an employee complains of sex or race discrimination. Several justices were sympathetic to the plight of railroad forklift operator Sheila White, …
Each year the Texas Department of Insurance (TDI) investigates hundreds of cases of suspected fraud. Its fraud investigators, who are licensed peace officers, investigate fraud alleged to have been committed by persons engaged in the insurance business, as well as …
The lifetime cost of injuries occurring in a single year in the U.S. totals an estimated $406 billion in medical expenses and productivity losses, according to the Centers for Disease Control and Prevention. Nearly $80.2 billion is attributed to medical …
