Year-End Storms Cloud P/C Insurers’ Profit Picture January 5, 2011 By Ben Berkowitz U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses,...
Texas Insurance Commissioner Geeslin to Step Down January 5, 2011 Texas Insurance Commissioner Mike Geeslin has announced that he will not seek another term as head of the Texas Department...
White House Oil Spill Report: Firms’ Decisions Saved Money, Raised Risk January 5, 2011 By Ayesha Rascoe BP and its partners made a series of cost-cutting decisions that ultimately contributed to the oil spill that ravaged the...
Defense in Kentucky Insurance Regulator Death Cites Mental Defect January 5, 2011 Defense lawyers for former Kentucky lawmaker Steve Nunn may argue that he had a mental or emotional defect when his...
North Carolina Insurers Seek Rate Hike on Dwelling Fire Policies January 5, 2011 North Carolina insurers are looking to raise rates from 7 percent to 25 percent, or an average 20.9 percent statewide,...
Southeast Texas County Defends Hurricane Ike Spending January 5, 2011 By Michael Graczyk Chambers County officials are defending their spending of tens of millions of federal dollars for cleanup from Hurricane Ike after...
Calif. Commissioner Jones to Enforce Medical Loss Ratio Rule January 5, 2011 By Patricia-Anne Tom Almost immediately after being sworn into office on Tuesday, California Insurance Commissioner Dave Jones signed an emergency order to enforce...
Top Workers’ Compensation News in 2010 January 4, 2011 Soft market conditions with unabated price competition and a slow economy with reduced payrolls continued to affect commercial liens including...
House Republicans Aim to Repeal Healthcare Law January 4, 2011 By Thomas Ferraro Republicans in the U.S. House of Representatives plan to pass a bill next week to repeal President Barack Obama’s overhaul...
2010 Was U.S. Coal Industry’s Deadliest Since 1992 January 4, 2011 By Tim Huber The U.S. coal industry had its deadliest year in nearly two decades in 2010, with much of the death toll...