Tennessee Insurance Producer Fined $400K for Misappropriating Client Premiums June 5, 2017 The Tennessee Department of Commerce and Insurance (TDCI) has taken disciplinary action against Carey R. Carroll Jr., a Knoxville-based former...
Georgia Supreme Court Upholds Ridesharing Law June 5, 2017 Georgia’s highest court has handed a victory to ridesharing services like Uber and Lyft. The Georgia Supreme Court affirmed a...
Alabama Workers’ Compensation Act to Remain in Place, For Now June 5, 2017 By Amy O'Connor Alabama’s workers’ compensation law, ruled unconstitutional by a county judge last month, will remain in effect for the immediate future....
Study: Expected Increase in Tornadoes Raises Risk to Mobile Homes June 5, 2017 By Andrew G. Simpson Tornadoes and mobile homes don’t mix to begin with, but throw in the volatility of climate change and the potential...
South Carolina Insurance Director Farmer Elected as NAIC Secretary-Treasurer June 5, 2017 South Carolina Insurance Director Ray Farmer was elected to fill the position of secretary-treasurer of the National Association of Insurance...
California Commissioner Lowers Workers’ Comp Pure Premium June 5, 2017 California Insurance Commissioner Dave Jones issued a revised advisory pure premium rate, lowering the benchmark to $2.02 per $100 of...
Swiss Re Places $925M Cat Bond for California Earthquake Authority June 5, 2017 Swiss Re Capital Markets Corp. has successfully structured and placed the issuance of $925 million of insurance-linked securities for the...
California Division of Workers’ Compensation Suspends Two, Including Drobot June 5, 2017 California’s Department of Industrial Relations and the Division of Workers’ Compensation has suspended two more medical providers from participating in...
Tourist Suing Planet Hollywood in Vegas for Mannequin Scare Injury June 5, 2017 A tourist is suing a Las Vegas Strip hotel, claiming a life-sized mannequin in his darkened room caused him to...
Study: Comp Reform Led to Drop in Medical Payments Per Claim in California June 5, 2017 California’s total costs per workers’ compensation claim with more than seven days of lost time have remained stable after the...