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Connecticut Approves 6% Workers’ Compensation Rate Decrease for 2025

Nov 21 2024 // The trend of decreasing rates in Connecticut workers’ compensation insurance will continue as the state’s insurance regulator has approved an industry proposed 6% rate decrease beginning January 1, 2025.The...

Texas Medical Center Settles Racial Hiring Discrimination Case

Nov 19 2024 // The U.S. Department of Labor and the University of Texas Southwestern Medical Center have entered into a conciliation agreement in which the federal contractor will pay $900,000 in back wages and interest to resolve...

AM Best Assigns Ratings to New York Healthcare Workers’ Compensation Carrier

Nov 19 2024 // AM Best has assigned a Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Rating of “a-” (Excellent) to Standard and Preferred Insurance Co. of Kew Gardens, New York. The outlook assigned...

Facebook Users Affected by Data Breach Eligible for Compensation: German Court

Nov 19 2024 // A German court said on Monday that Facebook users whose data was illegally obtained in 2018 and 2019 were eligible for compensation.The Federal Court of Justice (BGH) ruled that the loss of control over one’s data...

Florida OIR Approves 1% Average Workers’ Compensation Rate Decrease

Nov 19 2024 // Florida employers will soon see the smallest decrease in workers’ compensation rates in years – just a 1% reduction from current overall rates in the voluntary market.The Florida Office of Insurance Regulation...

Missteps and Mistakes: 5 of the Scariest Moments of My Insurance Career

Nov 18 2024 // I remember 1994 when I was running for the United States Senate. My campaign consultants thought I should publish my tax returns and challenge my opponent to do the same. He had a very checkered business career. I was...

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