The U.S. Agriculture Department paid out $32 million in soil conservation payments and crop insurance aid to dead farmers from 2008 to 2012, congressional auditors said on Monday, calling for stricter rules to prevent improper payments. In a report, the …
Evolving reimbursement models for healthcare providers are fueling a surge in demand for provider excess insurance with industry experts forecasting a jump in premiums of 15-30 percent in 2013, according to a ReSource Intermediaries survey. Traditional fee-for-service contracts that reward …
The Leavitt Group named Renee Bosley as vice president in the employee benefits division in its Sacramento, Calif. office. Bosley specializes in Health Care Reform compliance, cost containment, negotiations, wellness programs and human resources support. Bosley joins the Leavitt Group …
Ironshore Inc. and Lexon Surety Group are broadening their strategic alliance by providing additional capacity for Boston Indemnity Group (BIG), a subsidiary of Lexon and a privately-held insurance holding company specializing in the business of surety bonds. Ironshore will provide …
Maryland’s highest court says bars can’t be held responsible for accidents their patrons cause after they leave. The Court of Appeals ruled on July 25 in the case of a 2008 drunken driving crash in Montgomery County that killed a …
Allied World Bermuda has launched a new accountable care organization (ACOs) liability product for Bermuda-based clients. The product provides coverage for ACOs – newly emerging healthcare organizations characterized by a payment and care delivery model that ties provider reimbursements to …
The hailstorm that pounded south-central Kansas last week left automotive dealers with big headaches, but it’s also giving prospective buyers a chance at big bargains. The Hutchinson News reports dealerships in the city were scrambling to get insurance appraisals after …
The Army Corps of Engineers has activated its emergency operations center in response to high water levels at Lake Okeechobee. The corps’ emergency operations center in Jacksonville was activated ast Friday. Officials said the lake has been rising about 6 …
Itasca, Ill.-based insurance brokerage, Arthur J. Gallagher & Co., has elected Sherry S. Barrat to serve on the company’s board of directors. Barrat has over 40 years of management, operational and financial experience. She retired in 2012 as vice chairman …
A series of thunderstorms moving across western North Carolina has triggered what meteorologists are calling major flash flooding. The Charlotte Observer reported that parts of Catawba and surrounding counties were under water Saturday. Catawba County officials say some of the …
