The California Applicants Attorneys Association (CAAA) this week called for a 24% cut in workers’ compensation insurance premiums for January 2005 to reflect billions of dollars in cuts to injured workers’ medical and disability benefits. “Two rounds of cuts have …
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and assigned an issuer credit rating of “a-“to New Technology Insurance (NTI) (Ireland), the insurance subsidiary of The Carphone Warehouse Group plc (CPW) (United Kingdom). The outlook for …
A new study by the Insurance Research Council (IRC) finds that claimed losses for auto injuries have escalated at vastly different rates across four states with no-fault auto insurance regulations. From 1997 to 2002, the average amounts that personal injury …
A former Shawnee, Okla., insurance agent was sentenced recently to 97 months in federal prison, but state prosecutors say the man has agreed to a much lengthier sentence for swindling scores of investors out of more than $8 million, according …
Nearly two years after he served a six-month prison sentence, former Louisiana Insurance Commissioner Jim Brown has completed a book chronicling the case that put him behind bars—and is continuing to maintain his innocence, the Associated Press reported. A federal …
The Texas Workers’ Compensation Commission announced that as a part of the agency’s ongoing Business Process Improvement initiative, an online application for filing a Notice of Injury or Occupational Disease and Claim for Compensation has been developed and is available …
The U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) has cited Globe Metallurgical Inc., and proposed $40,500 in total penalties, following the investigation of a fatal accident at the company’s Selma, Ala., plant. On May 28, a company employee …
The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) reported this week that a record $4.27 billion in FEMA disaster funds have been expended to date to aid people and communities victimized by one of the most intense …
A stash of 814 diamonds that would have helped pay for Martin Frankel’s run from American authorities will be sold over a two-day period next month leading up to the day of his sentencing. Frankel, 50, pleaded guilty to 24 …
Houston’s Halliburton announced that settlement agreements involving asbestos claims were approved on November 18, 2004 and November 29, 2004, by the Honorable Judith K. Fitzgerald, concerning asbestos related claims against DII Industries, Kellogg Brown & Root and other affected Halliburton …