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AmTrust's $327M Loss Reserve Increase Worries Analysts 11/08/2017
By: Elaine Goodman (medical/business reporter)
State: NA | Segment: Top | 1085 | 0 | Popular with Legal
Concerns about the adequacy of loss reserves at AmTrust Financial Services have prompted A.M. Best to place the company’s rating under review, with negative implications, and another analyst to downgrade his recommendation on AmTrust from “buy” to “neutral.” ...Read More
 
 

Ammonia Release Prompts Safety Citations for Ice Company 11/07/2017
State: HI | Segment: WEST | 129 | 0 | Popular with Insurance
Hawaiian Ice Co. in Honolulu is facing $107,800 in penalties after an incident in which 3,900 pounds of anhydrous ammonia was released, requiring evacuations and medical treatment of workers. ...Read More
 
 

AIG Sues Dozens Over Spinal Surgery Kickbacks 11/06/2017
By: Greg Jones (Deputy Editor)
State: CA | Segment: Top | 2641 | 0 | Popular with Legal
American International Group and affiliated carriers filed a civil complaint in a California federal court against two dozen companies and providers it claims participated in the Pacific Hospital of Long Beach kickback scheme. ...Read More
 
 

AIG Eyes Greater Use of Reinsurance Following $1.7B Loss in Q3 11/06/2017
State: NA | Segment: NATIONAL | 211 | 0 | Popular with Legal
After American International Group was hammered by a $1.7 billion loss in the third quarter, President and Chief Executive Officer Brian Duperreault said he plans to increase the company’s use of reinsurance to reduce volatility. ...Read More
 
 

Amendments Would Simplify Work Comp Verification for PEOs 11/06/2017
State: FL | Segment: SOUTH | 209 | 0 | Popular with Legal
The Department of Business and Professional Regulation has proposed amendments to simplify the requirement for professional employer organizations to submit workers’ compensation liability statements. ...Read More
 
 
AmWINS Buys 15 Insurance Programs From Willis Towers Watson 11/03/2017
State: NA | Segment: NATIONAL | 327 | 0 | Popular with Legal
The insurance broker AmWINS Group has acquired 15 insurance programs from the broker Willis Towers Watson, AmWINS announced on Th...Read More
 
 

AIA Names John Degnan CEO 11/03/2017
State: NA | Segment: NATIONAL | 362 | 0 | Popular with Legal
The American Insurance Association has named John Degnan its new president and CEO. ...Read More
 
 

American Financial's Profit Plummets in Q3 11/02/2017
State: NA | Segment: NATIONAL | 186 | 0 | Popular with Legal
American Financial Group Inc. has reported third quarter net income of $11 million, down from $109 million for the third quarter of 2016. ...Read More
 
 

Appeals Panel Upholds PTD Award for Worker With Long History of Injuries 10/31/2017
Source: WorkCompCentral
State: TN | Segment: SOUTH | 197 | 0 | Popular with Insurance
The Supreme Court of Tennessee’s Special Workers' Compensation Appeals Panel upheld an award for permanent total disability benefits for a worker with a long history of injuries, as well as the apportionment of liability for the award between the worker’s employer and the state Se...Read More
 
 

Adam Seidner Joins The Hartford as Chief Medical Officer 10/31/2017
State: NA | Segment: NATIONAL | 219 | 0 | Popular with Legal
The Hartford, the No. 2 workers’ compensation insurer by market share, has hired Dr. Adam Seidner as its chief medical officer. ...Read More
 
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