Newsbriefs

MCCA HIKES ASSESSMENT 11%:

The Michigan Claims Catastrophic Association increased its annual assessment to insurers by 11 percent to $141.70 per insured vehicle from...

LA. MAN ADMITS ARSON CONSPIRACY

A Gretna, La., man has admitted plotting to have his hunting camp in Mississippi burned for insurance money, and agreed...

COMP CLAIM RATE DOWN, COST UP:

The number of paid workers’ compensation claims fell 22 percent relative to the number of employees from 2000 to 2003,...

HOUSE GIVES PLICO TWO MORE YEARS

The Oklahoma House passed a measure giving the state’s major medical malpractice insurer two more years to build up its...

N.Y. BILL IMPOSES FIDUCIARY DUTY:

Assemblyman Ryan Scott Karben (D/I-Rockland), a majority member of the New York State Assembly’s Insurance Committee, has introduced a legislative...

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