Insurance Tips

The National Hurricane Center plans to broaden its forecasting capabilities by conducting four in-house experiments in the upcoming season, including developing six- and seven-day track projections. The other tests include extending the tropical weather outlook from two to five days, developing advisories for disturbances before they become tropical systems and issuing watches and warnings if [...]

Continue Reading Hurricane center testing forecast improvements

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In 2009, children with public insurance were three times more likely and children with no insurance were eleven time more likely not to have a primary care physician, compared with children with private insurance. Without a primary care physician, the Emergency Department (ED) often becomes the primary point of contact for treatments and diagnoses. A [...]

Continue Reading The Insurance Status Of Children In The Emergency Department May Lead To Disparities In Treatment

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A manufacturing plant in Illinois faces a fine of $ 473,000 after a worker died from chemical burns. The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Raani Corp. for failing to seek emergency medical treatment after a worker incurred chemical burns at the Bedford Park, Ill., manufacturing plant on Nov. 17. [...]

Continue Reading Worker Death Leads to $473K Fine for Illinois Manufacturer

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Premiums for so-called force-placed insurance have more than tripled since 2004, producing enormous profits for insurers and the banks that take out policies when a homeowner fails to maintain coverage required by the mortgage, according to New York regulators. In some cases, the premiums are “exponentially higher” than regular homeowners insurance and can push homeowners [...]

Continue Reading New York Hearings on ‘Forced’ Insurance in Foreclosure

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South Dakota has been awarded a $ 5.9 million federal grant to continue research into the possibility of a state-run health insurance exchange. But Gov. Dennis Daugaard says the state will continue to wait for the outcome of the lawsuit challenging President Barack Obama’s health care overhaul before deciding whether to pursue a state-run exchange. [...]

Continue Reading Despite Grant, South Dakota Will Wait on Health Insurance Exchange

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The tornado that swept through Joplin, Mo., on May 22, 2011, has generated $ 2.16 billion in insurance claims payouts to Missouri policyholders, according to an Insurance Information Institute analysis of data from ISO’s Property Claims Service (PCS) and other sources. “The people of Joplin, Missouri, endured a great tragedy on May 22, 2011, as [...]

Continue Reading A Year after Joplin Tornadoes, $2.16B in Insurance Claims Paid

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It’s National Dog Bite Prevention Week (who knew?) and good time to raise your awareness about one of the hidden costs of dog ownership: higher insurance premiums or even outright denial of coverage. TheInsurance Information Institute estimates that U.S. insurance companies paid out nearly $ 479 million for dog bite claims in 2011, with an [...]

Continue Reading Dogs Bite Homeowners Insurance Premiums

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Arthur J. Gallagher & Co. has appointed Eric C. Dean, Jerome S. Hanner and Cara Richardson as corporate vice presidents. Dean joined the company in 2012 and has more than 30 years of business experience in various key technology functions. He began his career at Arthur Andersen, now Accenture, and over the years was the [...]

Continue Reading Dean, Hanner, Richardson Named Corporate VPs at Arthur J. Gallagher

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The New York Compensation Insurance Rating Board (NYCIRB) has submitted to the Department of Financial Services on Thursday a loss-cost filing for an overall average loss cost change of +11.5 percent. The change in loss cost represents the anticipated cost of losses and loss adjustment expenses to be incurred on policies incepting on or after [...]

Continue Reading N.Y. Compensation Insurance Rating Board Seeks 11.5% Rate Hike

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A court has ruled that the head of a Bossier City, La., taxi cab business cannot be held personally liable in a lawsuit over the death of a 12-year-old boy. The victim in the case was Justin Bloxom, whose body was found two years ago in DeSoto Parish. Cab driver Brian Horn was charged with [...]

Continue Reading Court: Louisiana Cab Company President not Liable in Death Case

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