One of the rules I learned early on was that no matter how good the insurance coverage is, a business can never, ever recoup all the losses it suffers during a period of business interruption.
Illinois business leaders welcomed Gov. Pat Quinn's call Tuesday for workers' compensation reform, but a key lawmaker cautioned there's a long road ahead before reaching any compromise.
Claims Channel Editor Christina Bramlet is twittering every day about breaking news and timely topics. Find out what's new to the Claims channel on PropertyCasualty360.com.
Ohio's insurance fund for injured workers is deciding whether to appeal a ruling that would allow thousands of businesses to sue over a state rate-setting plan.
Ohio's insurance fund for injured workers is deciding whether to appeal a ruling that would allow thousands of businesses to sue over a state rate-setting plan.
A subcommittee of the House Financial Services Committee has passed legislation that would keep the National Flood Insurance Program in operation until Sept. 2016.
There is a lot of anticipation surrounding the Government Accountability Office’s investigation of some states’ interpretation of the federal Liability Risk Retention Act. For months the GAO has been questioning risk retention group owners and managers, seeking comments on the treatment received from various states.
Led by Sen. Mike Johanns (R-Neb), the Senate passed legislation repealing the much-criticized 1099 reporting provision in the healthcare-reform law and sent the bill to President Obama for his signature.