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Self-Insured Minneapolis Will Tap City Budget to Pay Floyd Settlement

Mar 17 2021 // Minneapolis will have to look beyond its insurance fund to pay out the $27 million settlement to George Floyd’s family over his killing by police last year. The settlement, one of the largest pre-trial payments for...

California Workers’ Comp Public Self-Insured Med-Only Claims Drop

Dec 11 2020 // Initial data on fiscal year 2019/2020 public self-insured claims experience in the California workers’ compensation system show claim volume fell 6.4% compared with the prior year, but medical-only claims accounted...

Kentucky AGC Self-Insurers’ Fund to Return $18.5M In Dividends, Decrease Rates

Nov 20 2020 // The Kentucky Associated General Contractors Self-Insurers’ Fund, a workers’ compensation insurance provider in the state of Kentucky, will return more than $18.5 million, including special fund tax...

How Lloyd’s Underwriters Are Viewing Today’s U.S. Casualty Insurance Environment

Nov 19 2020 // Today’s Lloyd’s of London market for casualty insurance is marked by rising prices, reduced capacity, and buyers embracing more self-insurance, according to underwriters at Lloyd’s. It is also marked by...

13 New U.S. Property/Casualty Insurer Impairments in 2019

Nov 16 2020 // The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating in a mix of lines of business and a variety of states, according to a new AM Best...

U.S. P/C Insurer Impairments Rise Slightly in 2019: AM Best

Nov 5 2020 // The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating in a mix of lines of business and a variety of states, according to a new AM Best...

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