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21 10, 2015

Workers’ Comp Medical Payments in Illinois Rose in 2013: Report

By | October 21st, 2015|Recent Articles|Comments Off on Workers’ Comp Medical Payments in Illinois Rose in 2013: Report

Medical payments per workers’ compensation claim in Illinois rose 4.1 percent in 2013, after decreasing 20 percent between 2010 and 2012 as a result of a 30 percent reduction in fee schedule rates, according to a recent study by the …

21 10, 2015

Arkansas Drought Heightens Fire Risk, Lowers Lake Levels

By | October 21st, 2015|Recent Articles|Comments Off on Arkansas Drought Heightens Fire Risk, Lowers Lake Levels

The U.S. Army Corps of Engineers says boaters should be careful on Arkansas lakes as a drought lowers water levels, and foresters say outdoor burning should be avoided to reduce the risk of wildfires. The Corps said water levels at …

21 10, 2015

Wisconsin’s Ashley Furniture Again Cited for Alleged Safety Hazards

By | October 21st, 2015|Recent Articles|Comments Off on Wisconsin’s Ashley Furniture Again Cited for Alleged Safety Hazards

A federal safety agency has again cited Ashley Furniture Industries Inc. for alleged safety violations at one of its Wisconsin factories. The U.S. Occupational Safety and Health Administration alleged that Arcadia-based Ashley failed to protect workers from moving machine parts …

21 10, 2015

South Dakota City to Open $5.8M Facility Rebuilt with Insurance Funds

By | October 21st, 2015|Recent Articles|Comments Off on South Dakota City to Open $5.8M Facility Rebuilt with Insurance Funds

City leaders in Spearfish, S.D., are set to open a $5.8 million facility built to replace a city-owned call center that collapsed during a blizzard two years ago. The Atlas Building, funded by insurance money, is tentatively set to open …

21 10, 2015

K&K to Partner with Producers to Provide New Program Business Markets

By | October 21st, 2015|Recent Articles|Comments Off on K&K to Partner with Producers to Provide New Program Business Markets

K&K Insurance Group, Inc., a subsidiary of Aon plc, is now accepting property and casualty program business from producers. K&K has provided property and casualty program options for more than 60 years, traditionally focused on the sports and leisure industries, …

21 10, 2015

P/C Insurers Posted $31B Profit for 2015 1st Half, Highest 1st-Half Income Since ’07

By | October 21st, 2015|Recent Articles|Comments Off on P/C Insurers Posted $31B Profit for 2015 1st Half, Highest 1st-Half Income Since ’07

Private U.S. property/casualty insurers’ net income after taxes grew to $31.0 billion in the first half of 2015 from $26.0 billion in the first half of 2014, according to a report today from ISO, a Verisk Analytics business, and the …

21 10, 2015

NORCAL Expands Medical Professional Liability Coverage to Arizona

By | October 21st, 2015|Recent Articles|Comments Off on NORCAL Expands Medical Professional Liability Coverage to Arizona

NORCAL Mutual Insurance Company is now offering medical professional liability insurance to physicians and health care professionals in Arizona. This is the twelfth state to come under the parent company’s umbrella as part of NORCAL Mutual’s national expansion plan, which …

21 10, 2015

Insureon Lands $31M Investment from Oak HC/FT, Accretive

By | October 21st, 2015|Recent Articles|Comments Off on Insureon Lands $31M Investment from Oak HC/FT, Accretive

Chicago-based online provider of small business insurance, Insureon, announced $31 million in new funding led by Oak HC/FT, a venture capital fund investing in financial technology companies. Also participating in the round of funding was the private investment firm, Accretive, …

21 10, 2015

For Vermont Police, Checking for Pot-Impaired Drivers Is Work in Progress

By | October 21st, 2015|Recent Articles|Comments Off on For Vermont Police, Checking for Pot-Impaired Drivers Is Work in Progress

It’s common knowledge that driving with blood alcohol content higher than .08 violates the law. But with marijuana, things are a lot more hazy. As Vermont and other states consider following the lead of Colorado and Washington state in legalizing …

21 10, 2015

Kingstone Approved to Write P/C Insurance in Connecticut

By | October 21st, 2015|Recent Articles|Comments Off on Kingstone Approved to Write P/C Insurance in Connecticut

Kingstone Companies Inc., a New York-domiciled multi-line property/casualty insurance holding company, today announced that its subsidiary, Kingstone Insurance Company, was granted approval to write P/C insurance in Connecticut from the Connecticut Insurance Department. In addition to New York, Pennsylvania, and …