Report: Calif. Workers’ Comp Insurance Market Still Needs Improvement Written on March 16, 2010, by admin.

California workers' compensation claims and disability costs have dropped significantly since the state's workers' compensation system was overhauled in 2003 and 2004. Yet "many of the same …
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Report: Calif. Workers’ Comp Insurance Market Still Needs Improvement Written on March 16, 2010, by admin.

California workers' compensation claims and disability costs have dropped significantly since the state's workers' compensation system was overhauled in 2003 and 2004. Yet "many of the same …
Read the rest of this great post here

Ex-AIG Employees Might Sue Over Reduced Bonuses Written on March 16, 2010, by admin.

Several former American International Group Inc. employees might sue the insurer after it gave them less retention bonus money than they should have received, their lawyers said Monday.
AIG is …
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Ex-AIG Employees Might Sue Over Reduced Bonuses Written on March 16, 2010, by admin.

Several former American International Group Inc. employees might sue the insurer after it gave them less retention bonus money than they should have received, their lawyers said Monday.
AIG is …
Read the rest of this great post here

Ratings Recap: GIC India, Top Layer Re, AIA (Australia), PartnerRe (notes) Written on March 16, 2010, by admin.

A.M. Best Co. has affirmed the financial strength rating of 'A-' (Excellent) and issuer credit rating of "a-" of General Insurance Corporation of India (GIC), both with stable outlooks. The …
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Georgia Supreme Court Upholds Emergency Room Tort Reform Law Written on March 16, 2010, by admin.

The Georgia Supreme Court has upheld the state's 2005 tort reform legislation that limits the liability of emergency room medical care providers.
The 4-3 ruling turned aside complaints that the …
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Trucking Led To $480 Million in Calif. Workers’ Comp Payments Written on March 16, 2010, by admin.

Injuries in the trucking industry led to more than $480 million in workers' compensation medical and indemnity payments, according to the California Workers' Compensation Institute.
The group, …
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Stricter Levee Regs Looming for Montana Communities Written on March 16, 2010, by admin.

Representatives of riverside communities in Montana say looming federal requirements that they upgrade or certify local levee systems could overwhelm small town budgets.
Homeowners in areas that …
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National Alliance Research Academy Appoints Board of Directors Written on March 16, 2010, by admin.

The National Alliance for Insurance Education & Research has announced the addition of four new members to the 2010 Academy Board of Directors. The new chairman is Randy Dumm, Ph.D., Florida …
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Calif. Low Cost Auto Insurance Program Participation Up 30% Written on March 16, 2010, by admin.

California Insurance Commissioner Steve Poizner announced that in February, the California Low Cost Auto Insurance Program (CLCA) saw the highest number of enrollees in any one month during the …
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