A federal court must wait to settle a case brought by Holocaust victims until all known potential class members are notified by mail of the deal, a federal appeals court has ruled. The two-page order by the 2nd U.S. Circuit …
A risk pool for uninsurable South Dakotans and Medicaid-based subsidies for health insurance premiums are among recommendations of a state task force. The group also recommends research be done into the types of assistance that can be given to employers …
State Farm Insurance implemented an additional 2 percent rate reduction for Florida policyholders, according to the Florida Office of Insurance Regulation. The rate reduction comes on the heels of a 7 percent State Farm rate decrease enacted earlier this year. …
Dallas, Texas-based U.S. Risk Insurance Group Inc., the seventh largest managing general agency and surplus lines wholesaler in the nation, expanded its operations by opening a brokerage operation in Sydney, Australia. The operation will be called U.S. Risk International Pty …
Congressman Paul E. Kanjorski, D-Pa., chairman of the House Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, will hold a hearing today on the need for insurance regulatory reform . This hearing will be the first in a series …
A recent state-sponsored report showed a continuing trend of recovery for the Florida medical malpractice industry – an industry that experienced double-digit rate increases and lack of availability prior to the 2003 legislative reforms. The Florida Office of Insurance Regulation …
MEMIC Indemnity Co., a member of The MEMIC Group, has recently earned authorization to write workers’ compensation insurance in Rhode Island, North Carolina, Virginia and Colorado. The MEMIC Group can now offer workers’ compensation coverage to employers in 42 states. …
The Ohio Supreme Court, taking a second look at its own ruling, decided that a young fast-food worker who badly burned himself after violating safety rules should get temporary disability benefits. Some attorneys had voiced alarm about the court’s earlier …
Thirteen companies with approximately 49,800 employees in Texas were approved to self-insure for workers’ compensation claims for a one-year period under the Texas Department of Insurance Division of Workers’ Compensation Self Insurance Program, TDI announced. To qualify to self-insure for …
Starr International Co. Inc. announced its U.S. subsidiary, Starr International USA Inc. (SICO USA), acquired Republic Insurance Co. from Columbia Insurance Co., a member of Warren Buffett’s Berkshire Hathaway Group. Republic Insurance Co., a property/casualty insurer, is located in Dallas. …
