February 13, 2012
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. …
February 13, 2012
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 …
February 13, 2012
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 …
February 13, 2012
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 …
February 13, 2012
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 …
February 10, 2012
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 …
February 10, 2012
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 …
February 10, 2012
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 …
February 10, 2012
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 …
February 10, 2012
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 …