Workers’ compensation medical costs in California were boosted by nearly $67.5 million in 2010 due to loophole in the law that allows double billing for surgical implants, according to a study released on Wednesday by the California Workers’ Compensation Institute. …
Although none of the 50 U.S. state governments were found to be exemplary, three out of four of the South Central states received very lackluster rankings in a report evaluating state governments on integrity and the ability to prevent corruption …
A report on Arizona’s property/casualty insurers issued on Thursday shows a drop in written premiums to $7.4 billion, and a large increase in losses incurred to $6.4 billion for 2010. The report, from the Arizona Insurance Council, shows these and …
Insurance industry damage claims from natural disasters like the earthquakes in Japan and New Zealand reached a record $105 billion in 2011, Munich Re , the world’s biggest reinsurer, said on Wednesday. The cost to insurers from the earthquake and …
Gerard Wynn, a Reuters market analyst, has expressed his own views on the necessity of continuing to deal with the challenges presented by extreme weather and its global impact. Rising temperatures are driving more frequent bouts of extreme weather which …
ACE Limited: Q3 2011 Q3 2010 Gross premiums written– $5.9 bn $5.0 bn 9 months – 2011 —- 2010 $15.967 bn – $14.946 bn Net premiums written – $4.343 bn $3.295 bn 9 months – 2011 2010 $11.742 bn $9.932 …
A new report released from its Paris headquarters by the International Chamber of Commerce (ICC) indicates that the global economic and social impacts of counterfeiting and piracy will reach US$1.7 trillion by 2015 and put 2.5 million legitimate jobs at …
