West Virginia employers will see a projected $21 million reduction in workers’ compensation premiums in the coming year, according to a recent statement from Gov. Jim Justice. The National Council on Compensation Insurance (NCCI) has filed a proposed reduction of …
For the third time this month, a hurricane is spinning toward the already battered Caribbean and gathering strength along the way. The National Hurricane Center upgraded tropical storm Maria to a hurricane Sunday as winds picked up to 90 miles …
In Miami’s central Edgewater district along Biscayne Bay on Wednesday, a collapsed construction crane hung from the top of a high-rise condominium under development, dangling over low-rise apartments below. Residents wondered why it hadn’t been taken down or better secured …
Fifth Third Insurance Agency Inc., an indirect, wholly owned subsidiary of Cincinnati, Ohio-based Fifth Third Bancorp, has agreed to acquire Epic Insurance Solutions Agency LLC, which also recently announced it will acquire Integrity HR Inc. Both transactions are expected to …
A former Illinois county board chairman who also previously worked for State Farm Insurance Co. as a consultant has been sentenced to 12 months and a day in federal prison after being convicted of a wire fraud scheme. In November, …
Crop Pro Insurance, a Des Moines, Iowa-based managing general agent (MGA) specializing in crop insurance, has expanded its experienced leadership team with the addition of Brian Donaghy as director of Data Science. Donaghy brings more than 20 years of experience …
Keleigh Buchanan was recently promoted to vice president at Dallas-based independent insurance broker, RHSB. She has been with RHSB for five years and has 16 years of experience in the insurance industry. Buchanan is a licensed insurance professional working with …
The Insurance Council of Texas (ICT) has placed the insured losses from Hurricane Harvey at $19 billion. That number includes an estimated $11 billion in flood losses insured by the National Flood Insurance Program. Insured windstorm and other storm-related property …
Workers’ compensation loss costs for 2018 will decrease by 16.3 percent in Oklahoma according to a filing by the National Council on Compensation Insurance (NCCI), the Oklahoma Workers’ Compensation Commission (WCC) reported. Loss costs are an insurance industry term for …
The Workers’ Compensation Insurance Rating Bureau has completed its report on statewide workers’ comp insurer loss and premium experience through June 30. The major findings of the report include: California written premium for the first half of 2017 was $9.1 …
