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Torus Names Kuprianczyk to European Professional Lines Team

Lines, based in Zurich. In addition to the newly appointed Cologne-based team under Professional Lines Manager Esther Fittinghoff-Hansen, he will “further bolster the provision of senior local expertise for Torus’ growing Continental European client base for Directors & Officers as …

Illinois Workers’ Comp 2011 Medical Fees to Increase 1.08%

Medical fees provided for in the Illinois Workers’ Compensation Act will increase 1.08 percent in 2011, the Illinois Workers’ Compensation Commission reports. Fee schedule rates increase or decrease by the percentage change in the Consumer Price Index-U (CPI-U) in the …

U.S. Standards for Rear Seats Put Kids at Risk, Advocates Say

U.S. car-safety policies for child passengers have become some of the weakest in the developed world, according to safety advocates. Martha Bidez, a professor of safety engineering at the University of Alabama at Birmingham and advocate for improved U.S. child-protection …

Bedford Falls Insurance Receives Multiple Certifications

Los Angeles-based Bedford Falls Insurance Services Inc. announced it has obtained its disadvantage business enterprise (DBE), women-owned business enterprise (WOBE), minority-owned business enterprise (MOBE) and small business enterprise (SBE) certifications, and is accepting new accounts in California.

Montana Has Highest Workers’ Comp Insurance Rates

Montana has the highest workers’ compensation premium rates in the nation, at $3.33 per $100 of payroll, followed next by Alaska, which has a rate of $3.10 per $100 of payroll, according to a new study. In the 2010 workers’ …

Navigators to Offer Online Pollution Liability Coverage for Small Contractors

Navigators Management Co., Inc., has introduced an online platform offering pollution liability insurance for small general service and trade contractors. Agents and brokers can obtain real-time bindable quotes for contractors with up to $5 million in annual revenues at premiums …

Introducing… The Florida Sinkhole Insurance Fund?

Will Floridians, who already support a state-backed property insurer and a catastrophe fund, support another public insurance entity for sinkhole coverage? Such a fund might be the “best way to go,” according to John Auer, president of domestic insurer American …

State Regulators Back Strict Medical Ratio for Health Insurers

U.S. state insurance commissioners unanimously backed tough rules requiring health insurance companies to direct more of the premiums they collect to medical care, rather than corporate salaries and profits. Although the percentages are mandated in the new healthcare law, insurers …

Businesses Support/Fight Wash. Workers’ Comp Initiative

Supporters of Washington’s workers’ compensation initiative 1082 have raised more than $3.3 million to try to open the state’s workers’ compensation system to the private market and eliminate the Department of Labor and Industries’ monopoly on providing workers’ compensation insurance. …

Chubb Weathers Catastrophe Losses, Reports Q3 Profit

The Chubb Corp. reported that net income in the third quarter of 2010 was $572 million, compared to $596 million in the third quarter of 2009 Operating income was $537 million in the third quarter of 2010 compared to $552 …

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