A Montana lawmaker has proposed reducing the cost of state workers’ compensation insurance by prohibiting illegal immigrant workers from collecting benefits when they are injured. House Bill 71, sponsored by Rep. Gordon Vance, R-Bozeman, would require the insurer to develop …
In their zeal to control health care costs, federal and state policymakers may be pushing health insurance agents and brokers to the sidelines and potentially out of business. If this happens, they will be shortchanging the consumers who rely on …
Marsh appointed Jill Sulkes as head of its U.S. Financial Institutions Practice. Sulkes has more than 15 years of experience in risk management for financial institutions, most recently as a managing director in Marsh’s financial and professional liability (FINPRO) practice. …
Despite multiple changes in general liability forms, redefined offenses, and the addition of exclusions, there are still instances in which coverage for patent infringement may exist. Under the standard commercial general liability policy, the coverage is provided in two sections. …
Washington Gov. Chris Gregoire has proposed several changes to the state’s workers’ compensation system to help the state out of the recession and support the vitality of businesses. She estimates the proposed changes would save the workers’ compensation system $720 …
A veteran portfolio officer at Bank of New York Mellon Corp accused the company of sex and age discrimination Friday, charging she was paid less than younger, male employees. Rochelle Cohen’s suit, filed in federal court for the Southern District …
True or false: States suing to overturn core requirements of President Barack Obama’s health care overhaul are refusing to carry out the law. If you said ‘true,” you’d be wrong. Republican state legislators and governors are working on how to …
Hub International, Farr Insurance Insurance broker Hub International Limited has acquired the assets of Farr Insurance Group, a Venice, Florida-based insurance brokerage firm. Terms of the acquisition were not disclosed. The company said Farr operations will become a part of …
94% The number out of 100 property/casualty company CEOs surveyed by the Insurance Information Institute who believe the worst of the financial crisis is over and that the new year will bring improved profitability. By line of insurance, 59 percent …
The U.S. has failed to persuade Chinese makers of defective drywall to compensate American homeowners, in a dispute that threatens to mar strained trade ties. The failure to persuade about 13 makers of contaminated drywall to redress American homeowners has …
