West News

Jury Awards $500M Punitive Damages in Medical Malpractice Case

A jury in Las Vegas ordered two drug companies to pay a combined $500 million in punitive damages in the first of hundreds of civil cases stemming from a hepatitis C outbreak two years ago. The Clark County District Court …

Calif. Insurance Guarantee Association Could Issue Bonds to 2013

The California Senate has passed a bill to extend extend from Jan. 1, 2011, to Jan. 1, 2013, the sunset date on the authority of the California Insurance Guarantee Association (CIGA) to issue revenue bonds to pay workers’ compensation claims. …

40% of Workplace Fatalities are Transportation Related

Transportation incidents continue to be the No. 1 cause of on-the job deaths, a trend that has been the case since 1992, according to the American Society of Safety Engineers’ (ASSE). In fact, in 2008, 40 percent of all workplace …

Tokar Joins Lockton Denver in Benefits Department

Leo Tokar has joined the Denver office of Lockton Companies LLC, a privately held insurance broker, as senior vice president, client service executive in the Benefits Department. He will play a key role in developing strategic solutions for Lockton clients …

Oregon Advises P/C Industry of Credit Scoring Changes

The Oregon Department of Consumer and Business Services Insurance Division is reminding the insurance industry of new credit scoring legislation, which passed in the 2009 Legislative session and apply to personal insurance policies issued or renewed on or after Jan. …

Montana State Fund Decreasing Rates 4%

Montana State Fund said its workers’ compensation insurance rates are going down by an average of 4 percent. The fund, which provides the insurance to more than 28,000 employers around the state, says the rate decrease will go into effect …

Idaho Hires Insurance Department Bureau Chief

The Idaho Department of Insurance announced that Gina McBride has been selected as the new bureau chief of consumer services replacing Jim Genetti, who is retiring in June. McBride has been employed by the department for 10 years. In 2007, …

Calif. To Examine Validity of Anthem’s Claims-Related Data

The California Department of Insurance (CDI) had begun an effort to assess the validity of the claims data used by Anthem Blue Cross to justify future rate filings. “As Anthem readies its new rate filing, I have directed auditors at …

Hawaii Laws To Increase Insurance Costs, Group Says

Laws enacted in the just-concluded 2010 Hawaii legislative session will increase insurance costs and possibly affect premiums for Hawaii consumers and businesses, the Property Casualty Insurers Association of America said. “Hawaii is facing difficult state budget problems, and we realize …

Busy Wildfire Season Predicted for Wyoming

National fire officials say northwest Wyoming could see more wildfires this summer after a season of light snowfall. The National Interagency Fire Center said the light winter in the region means drier fuels in the summer that could increase wildfire …

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