Climate change is already having an impact on companies around the world. Over half of the firms surveyed in a recent Morgan Stanley report experienced the climate’s impact on operations within the past year, including increased costs, worker disruption and …
A Majority of Companies Are Already Feeling the Climate Heat Read More »
What happens when an employer and its workers’ compensation insurer deny a claim, then face a wrongful death tort suit, then attempt to have the comp claim reinstated, going so far as to pay weekly wage amounts to the deceased …
NC Carrier Sanctioned for Pressing Workers’ Comp Claim it Had Denied Read More »
A report submitted to the Washington State Legislature examines the state of the liability insurance market for adult family homes in Washington, finding the market to be largely sustainable—but it does provide suggestions for increasing the appeal of AFHs to …
Study Examined Liability Insurance for Adult Family Homes in Washington Read More »
The Workers’ Compensation Insurance Rating Bureau of California named Eric Sanders senior vice president and chief customer operations officer. Sanders will oversee the WCIRB’s customer experience, marketing and communications, classification and test audit, contact center and human resources functions. Sanders …
People Moves: WCIRB Names Sanders Chief Customer Operations Officer Read More »
The pilot of a skydiving team encountered mechanical issues that prompted an emergency landing at a small New Jersey airport but could not get the plane stopped at the end of the runway, the company said in a statement Thursday. …
New Jersey Skydiving Company Says Plane Went Off Runway Read More »
Before dawn Friday morning, city manager Dalton Rice went for a jog along the Guadalupe River in Kerrville, Texas. He finished his run around 4 a.m. as a light rain set in. An hour later, he began receiving emergency calls: …
Deadly Floods Reinforce Texas’ Challenge as Crisis Epicenter Read More »
Following the “paradigm-shifting” Los Angeles wildfires in January, the 2024-2025 wildfire season will be remembered as a turning point for the insurance industry, and a warning that “wildfire is no longer a seasonal or rural phenomenon,” a new outlook asserts. …
Wildfire Season Preview: Rest of 2025 Is High-Risk, May Follow LA Wildfires Paradigm Read More »
In the long conflict between insurance carriers and public claims adjusters, Florida’s Citizens Property Insurance Corp. has altered the rules of engagement in a way that could have a big impact on some adjusters’ livelihood. And a public adjuster group …
Public Adjusters Decry Florida Citizens’ New Plan That Keeps Their Names Off Checks Read More »
A New York specialty insurance managing underwriter for contractors and construction risks has sued a New York City personal injury law firm and dozens of medical providers, alleging a wide-ranging scheme to defraud insurers through staged construction accidents and fraudulent …
Racketeering Suit Alleges NY Insurance Fraud Scheme by Lawyers, Medical Providers Read More »
By Andrew G. Simpson The state-created captive insurer handling Connecticut homeowners’ claims for crumbling foundations is in line for another $100 million in bond funding in the biennial budget now awaiting Gov. Ned Lamont’s approval. Lawmakers are promising $25 million …
Connecticut Crumbling Foundation Insurer Seeks $100 Million Read More »
