News

Narcotics, used primarily to alleviate back pain, account for nearly one quarter of all workers' compensation prescription drug costs, according to a recent study.

Crawford & Company has named Charles H. Ogburn as chairman of the board, to replace Thomas W. Crawford, former president and chief executive officer of Crawford & Co., who is retiring.

David Disiere, the chief executive officer of Dallas-based managing general agency Deep South Insurance Group, announced plans to leave the company, the firm said last week.

Insurance actuaries have the nation's best jobs, according to the Careercast.com Web site that annually rates occupations based on hiring outlook, work environment and other factors.

Georgia Insurance Commissioner John Oxendine announced today that he has launched a criminal probe of M. Clark Fain, III, who headed the now-liquidated workers' compensation insurer Southeastern U.S. Insurance, Inc. (SEUS).

Global natural catastrophe losses for 2009 are estimated to have cost insurers more than $20 billion, according to assessments from two insurance industry participants.