The Florida Office of Insurance Regulation pressed State Farm officials at a hearing last week to justify a recent filing for a 47 percent homeowners insurance rate hike, in a move that would nearly
For an organization as diverse as The Walt Disney Company, developing a comprehensive risk management strategy for workers' compensation might have been a daunting challenge, were it not for the
For an organization as diverse as The Walt Disney Company, developing a comprehensive risk management strategy for workers' compensation might have been a daunting challenge, were it not for the
In reaching this determination, the R.I. Providence/Bristol County Superior Court in Providence, R.I., ruled that a 2006 legislative statute on the matter was unambiguous, contrary to the arguments of
Update: In a Jan. 26, 2011 decision, the U.S. Court of Appeals, 10th Circuit reversed the district court's decision on the punitive damages portion of an award three American National Insurance companies were ordered to pay to Farm Bureau companies for unlawfully recruiting agents. The $3.6 million in compensatory damages...
Although not in any immediate financial trouble, 11 of 14 self-insured employer workers' compensation trusts in New York administered by First Cardinal LLC are considering steps to dissolve their oper
Florida Office of Insurance Regulation Officials pressed State Farm representatives at a hearing today to justify a recent filing for a 47 percent rate increase for homeowners insurance rates in the s
The New York State Workers Compensation Board said that it will have enough funds, without having to borrow money from the state unemployment fund, to pay claims on behalf of a deficit-ridden employer
In 1968, riots broke out in the streets of Chicago during the Democratic National Convention, highlighting the political turmoil of the time--and also, according to some writers of special events
However, Catlin noted that in the first half of 2008 it paid a dividend of $21.8 million to holders of the group's non-cumulative perpetual preferred shares issued in January 2007, which reduced first