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North Carolina Insurers Still Hoping for Medical Loss Ratio Waiver

The U.S. Department of Health and Human Services is going overtime as it decides whether to stick with federal standards that could mean $12 million in rebates for more than 58,000 North Carolina residents who buy their own health insurance. …

Missouri House Approves Workplace Discrimination Bill

Despite several lawmakers voicing fears about reversing decades of hard-fought civil rights gains, the Missouri House approved a measure that would change the rules for workplace discrimination cases heard in state court. The bill would require workers who bring wrongful …

Kansas Officials Establishing Disaster Relief Fund

Kansas legislators are modifying a proposal from Republican Gov. Sam Brownback’s administration to establish a fund to cover the state’s share of federally declared disasters. Brownback wants to use $12 million from taxes collected each year on insurance premiums to …

Ex-Legislator Hired as No. 2 at Louisiana Insurance Department

A former state lawmaker has landed a $150,000 a year job as the No. 2 official at the state Department of Insurance. Commissioner of Insurance Jim Donelon tells The Advocate that former state Rep. Noble Ellington — a veteran legislator …

Louisiana Citizens Offers to Settle Katrina-Rita Suit for $80M

Louisiana’s property insurer of last resort has offered to settle a dispute over slow handling of hurricane claims from 2005 for up to $80 million, with no more than $25 million of that for attorneys’ fees — an offer that …

Website Attacks Consumer Watchdog

A website attacking a consumer group that often does battle with the insurance industry was launched on Friday, setting off more sparks in a roiling battle between proponents of two competing measures that Californians may see go head-to-head on the …

Best Analyzes Impact of Flood Losses on Thai Insurance Industry

A.M. Best Co. has released a briefing that provides updated estimates of insurers’ losses from the Thailand floods. The overall industry wide insurers’ loss estimates from the floods have increased 50 percent to $15 billion since Best’s last briefing on …

Poms Names Mahl SVP of Property & Casualty in Southern California

Woodland Hills, Calif.-based Poms & Associates Insurance Brokers Inc. has named Robert Mahl senior vice president of its property/casualty group in the firm’s Woodland Hills office. Mahl was previously vice president of property/casualty insurance and apparel practice Leader for USI …

Hanover Posts $49M Q4 Profit; Pricing Improved in Commercial Lines

The Hanover Insurance Group, based in Worcester, Mass., reported $49.3 million for its 2011 fourth-quarter net income, down 15.6 percent from one year ago when the insurer posted $58.4 million profit. For the 2011 full year, Hanover posted net income …

Feds: Few Montana Pipeline Plans Account For River Risks

Federal officials investigating a pipeline break that spilled 1,500 barrels of oil into a Montana river said Wednesday that few companies take river erosion and other risks into account when evaluating pipeline safety. In recent months, several companies have completed …

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