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Rate Hikes, Fees Approved for Texas Fair Plan

Texas Insurance Commissioner Kent Sullivan approved a request by the Texas Fair Plan Association (TFPA) to raise rates and revise/implement various fees. The commissioner denied, however, the plan’s request to end premium discounts for electronic burglar alarms and automatic sprinkler …

People

San Francisco, Calif.-based Paladin Cyber has named Josh Riley head of insurance. He will lead efforts to develop solutions that combine risk management services with risk transfer to help clients manage complex cyber-related exposures. Riley most recently managed the product …

Geopolitical Tensions Cause Rise in Political Risk Losses: Willis Towers Watson Report

Increasing geopolitical concerns are causing a rise in political risk exposures with 55 percent of global organizations with revenues greater than $1 billion experiencing at least one political risk loss exceeding a value of $100 million, according to a survey …

Speed, Lack of Awareness Blamed for Three-Train SEPTA Crash in Pennsylvania

Federal investigators say speed and a lack of awareness were likely to blame for an accident last year near Philadelphia, Penn., involving three out-of-service SEPTA trains. A train rear-ended a stopped train near the 69th Street Station, causing several cars …

Access to Medical Care in Texas Workers’ Comp System Improving, Study Finds

From 2005 to 2017, the number of workers’ compensation claims in Texas fell by 20 percent, resulting in a 24 percent decrease in the number of patients per participating doctor in Texas. That’s one of the findings of a report …

Pacific Health Care in California Begins Strategic Acquisition Search

Newport Beach, Calif.-based Pacific Health Care Organization Inc. in late September announced the launch of a strategic acquisition search for an insurance company to add to its suite of comprehensive workers’ comp products and services. The acquisition strategy in the …

Lawnmower Injuries Remain Source of Serious Injury and High Costs

Lawnmower injuries persists at a rate of close to 6,400 a year, most of them requiring surgery and hospitalization, and costing an average of $37,000 per patient. In what Johns Hopkins Medicine researchers call an unusually comprehensive analysis of nationwide …

People

Fourteen-year Erie Insurance veteran Glenn Kricher has been appointed to the position of branch manager at the insurer’s Harrisburg, Penn., branch, effective Sept. 13. As a current senior district sales manager in Harrisburg, Kricher oversees one of Erie’s largest districts. …

Report: Dozens of Texas Gas Leak Explosions Since 2006

More than two dozen homes in north and central Texas have blown up since 2006 along a network of pipelines operated by one of the largest natural gas companies in the U.S, leading to nine deaths and badly injuring at …

EEOC Sues Del Taco in California for Sexual Harassment, Retaliation

Fast food chain Del Taco violated federal law when at least three male employees, including those in supervisory roles, sexually harassed and retaliated against a group of young female workers at a Rancho Cucamonga, Calif., Del Taco, the U.S. Equal …