Substantial workers-compensation rule changes in California are likely to affect the price and utilization of medical care to injured workers by most types of providers, says a new study.
Substantial workers-compensation rule changes in California are likely to affect the price and utilization of medical care to injured workers by most types of providers, says a new study.
The leadership of the National Association of Insurance Commissioners fully expects some major turnover in its ranks in the coming months, but they've seen it before and expect to continue with their work unabated.
The NAIC approved regulations for implementing medical loss ratio provisions of the new health care reform law and vowed to continue to work to resolve concerns agents and brokers have regarding the rules impacting their compensation.
The National Association of Insurance Commissioners (NAIC) decided against moving to exempt agents' commissions from the medical loss ratio in the MLR blank it forwarded to the Department of Health and Human Services for final action.
A coalition of environmental and conservative groups, backed by a consortium of insurance interests, has joined forces to fight legislation to create a federal catastrophe insurance pool.
American International Group announced last week it was accelerating the spin-off of its major property-casualty insurance units into a separate company so it can sell off a minority share to the public.
In a report last week, the General Accounting Office advised Treasury to withhold $30 billion from American International Group until the company agrees to renegotiate contracts with employees and final counterparties.