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WV Comp Laws This Month Require New Notices, Info on Claims Decisions
West Virginia’s insurance commissioner is reminding workers’ compensation stakeholders about statutory changes that took effect this month on claims and adjudication of claims. “As a result of these changes, it is critical that all stakeholders comply with this regulatory guidance,” …
POSTED JULY 06, 2022 3:39 PM |
‘Cautious Optimism’ for Cyber Buyers as More Focus on Risk Controls: Marsh
While the market for cyber insurance is expected to remain challenging “for the foreseeable future,” there is optimism for rate stabilization as organization focus on cyber hygiene, according to broker Marsh. In a recent briefing, the broker said “steep rate …
POSTED JULY 06, 2022 3:36 PM |
Foster & Foster Acquires Bartel Associates in California
Foster & Foster Consulting Actuaries Inc. has completed its acquisition of California-based Bartel Associates LLC. Bartel’s core business is focused in performing Other Postemployment Benefits consulting. Bartel also provides pension consulting services to public entities, which are part of CalPERS, …
POSTED JULY 06, 2022 2:44 PM |
Evacuations for Communities Near California Forest Fire
Evacuation orders were expanded Tuesday for remote California communities near a wildfire that may have been sparked by fireworks or a barbecue on the Fourth of July in a mountainous region that’s a top tourism destination. The Electra Fire in …
POSTED JULY 06, 2022 2:39 PM |
Facebook Asks Court for Old FTC Merger Documents in Antitrust Fight
Meta’s Facebook has asked a U.S. court for eight documents created by the U.S. Federal Trade Commission as part of their review of the company’s purchases of Instagram and WhatsApp, which the agency allowed to go forward. The request was …
POSTED JULY 06, 2022 2:34 PM |
SURE Insurance Picks Up 14,000 FedNat Policies in South Carolina
The member-owned property insurer known as SURE has assumed some 14,000 South Carolina homeowners policies from FedNat Insurance, which left the state as part of a financial restructuring plan this year. “We responded to FedNat’s downgrade by expediting the transfer …
POSTED JULY 06, 2022 2:30 PM |
Ardonagh’s MGA Unit, Geo Underwriting, Acquires UK’s Lorega Holdings
Geo Underwriting, The Ardonagh Group’s MGA subsidiary, has completed the acquisition of the managing general agent Lorega Holdings Ltd. from Alcuin Capital Partners. Financial details of the transaction were not disclosed. Lorega is the UK’s leading supplier of loss recovery …
POSTED JULY 06, 2022 2:19 PM |
Doctors Look to Athletes for Clues to COVID’s Heart Impacts
Doctors learned early in the pandemic that COVID-19 was more than a respiratory disease. It was attacking bodily organs, including the heart – even in healthy, young athletes. Enough athletes with COVID were experiencing heart inflammation, called myocarditis, that doctors …
POSTED JULY 06, 2022 1:36 PM |
Tampa Med Clinic Owner Charged with Staging Crashes and $970,000 in False Claims
The owner of a Tampa medical clinic has been charged in a scheme that staged auto accidents then submitted more than $970,000 in falsified insurance claims, Florida authorities said. Angela Ippolito Duncan, owner of Ybor Medical and Wellness Center, was …
POSTED JULY 06, 2022 1:25 PM |
US Auto Crash Death Rate Highest in Study of Rich Countries
US death rates from motor vehicle crashes rates are the highest among 29 upper-income countries, according to a government study that adds to the country’s poor public-health record among developed nations. Annual US fatalities from car, truck and motorcycle collisions …
POSTED JULY 06, 2022 1:17 PM |
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