Aging Workforce May Not Be So Bad for Workers’ Compensation, Says NCCI January 5, 2012 By Andrew G. Simpson The aging workforce may not have the negative impact on loss costs that workers’ compensation insurers have feared. New research...
Securities Class Actions Steady in 2011; Surge Against Chinese Firms January 3, 2012 By Andrew G. Simpson The pace of filings of class actions under federal securities and commodity laws held relatively steady in 2011 as compared...
Fire Risk Lower in High-Rise Buildings: Report December 29, 2011 By Andrew G. Simpson Fires in high-rise buildings cause about $230 million in property damage and take more than 50 lives a year. But...
Allstate Revises Agent Compensation Plan December 27, 2011 By Andrew G. Simpson Allstate’s captive agents have been spared part of a planned cut in their commissions as the insurer has revised its...
Federal Flood Insurance Reauthorized Until May 2012 December 26, 2011 By Andrew G. Simpson The federal flood insurance program has been extended until May 31, 2012 under another short-term consolidated appropriations bill (H.R. 2055)...
Sex, Dogs and Heads That Rolled Among Top Insurance Journal News Stories in 2011 December 22, 2011 By Andrew G. Simpson In 2011, Insurance Journal.com brought readers news on everything from dog bites to major catastrophes, including news on courts, legislation,...
Florida Commercial Health Plan Enrollment Continues Overall Slide December 22, 2011 By Andrew G. Simpson Enrollment in commercial health insurance in Florida was down 4.3 percent in 2010, the fifth straight year it has dropped....
Risk Managers Find Santa Exposed, Urge $1 Billion Coverage Plan December 19, 2011 By Andrew G. Simpson Santa Claus will need a lot more than milk and cookies this Christmas—he’ll need about $1.2 million to pay for...
Florida Underwriter Magazine Shuts Down December 13, 2011 By Andrew G. Simpson The Florida Underwriter magazine has published its last issue. “Unfortunately, the double demons of our state’s falling economy and the...
Flood Program Could Expire Dec. 16 December 5, 2011 By Andrew G. Simpson Congress has approved yet another resolution to fund parts of the federal government including the nation’s flood insurance program on...