The New York Compensation Insurance Rating Board (NYCIRB) has submitted to the Department of Financial Services on Thursday a loss-cost filing for an overall average loss cost change of +11.5 percent. The change in loss cost represents the anticipated cost …

A court has ruled that the head of a Bossier City, La., taxi cab business cannot be held personally liable in a lawsuit over the death of a 12-year-old boy. The victim in the case was Justin Bloxom, whose body …

Arthur J. Gallagher & Co. has appointed Eric C. Dean, Jerome S. Hanner and Cara Richardson as corporate vice presidents. Dean joined the company in 2012 and has more than 30 years of business experience in various key technology functions. …

The tornado that swept through Joplin, Mo., on May 22, 2011, has generated $2.16 billion in insurance claims payouts to Missouri policyholders, according to an Insurance Information Institute analysis of data from ISO’s Property Claims Service (PCS) and other sources. …

South Dakota has been awarded a $5.9 million federal grant to continue research into the possibility of a state-run health insurance exchange. But Gov. Dennis Daugaard says the state will continue to wait for the outcome of the lawsuit challenging …

A family is suing a mortuary over a body switch that resulted in a grandmother being buried in another woman’s clothes in a California cemetery instead of an above-ground crypt in Nicaragua. The lawsuit filed Wednesday by the 88-year-old woman’s …

North Dakota Insurance Commissioner Adam Hamm announced he has served a cease and desist order against Tim Everett, a Grand Forks area insurance agent who is alleged to have created fictitious insurance policy applications and to have been paid commissions …

San Joaquin Valley’s crop damage estimate from a hail storm last month has reached more than $79 million. The Fresno Bee reports that Kings County, among the hardest hit areas of the region, recently increased its damage estimate from $20 …

Louisiana’s property insurer of last resort has gotten permission to secure a $75 million cash line of credit in case a hurricane damages the state. The Louisiana Citizens Property Insurance Corp. has enough money set aside to cover a $110 …

Irvine, Calif.-based SullivanCurtisMonroe named Shawn Kraatz as executive vice president in its Irvine office. His primary responsibilities at SCM will include commercial sales management and marketplace leadership. Kraatz joins SCM from Alliant, where he was first vice president. He has …

Houston-based Dean & Draper Insurance Agency has been recognized by the Network of Vertafore Users (NetVU) for employing technology best practices that enhance productivity, simplify processes and improve customer service outreach. The 2012 Automation Excellence Award was bestowed during the …

A proposal that would have set up a body of elected and appointed officials to craft the health insurance exchanges that anchor President Barack Obama’s health overhaul has failed to gain traction in the Louisiana Senate. The Senate Finance Committee …

The National Association of Mutual Insurance Companies and the Property Casualty Insurers Association of America have joined a lawsuit filed this week against the Oregon Departments of Administrative Services and Transportation to block the recently approved fee increase for motor …

The Northern United Agents Alliance (NUAA), an independent agency partnership based in New Hampshire, added two new agency members. The new members are: Maloney Associates Insurance in Hanover, N.H., and Bernier Insurance Agency in Rochester, N.H. Maloney Associates Insurance was …

Gov. Peter Shumlin has signed into law the next step in a multi-year effort to revamp Vermont’s health care system and make it more like Canada’s. The bill Shumlin signed on Wednesday calls for setting up a regulated health care …

Gov. Peter Shumlin on Wednesday signed into law the nation’s first ban on a hotly debated natural gas drilling technique that involves blasting chemical-laced water deep into the ground. The Democrat, surrounded at a Statehouse ceremony by environmentalists and Twinfield …

Hackensack Police Chief Ken Zisa faces up to 45 years in prison after a jury convicted him of insurance fraud and official misconduct. After deliberating three days, the panel on Wednesday found Zisa filed a false insurance report and became …

Facing protests from consumers and state officials, Florida’s state-run homeowners insurer has found itself defending a proposal to increase rates for new customers above a legislative cap placed on current business. Citizens Property Insurance Corp. officials floated the proposal last …

A federal appeals court has ruled for Hinds Community College in a workplace retaliation case. In 2010, a Mississippi federal judge ordered the school to pay a former professor $345,020 after a federal jury found she had been the victim …

Leaders of major industrial economies meet this weekend to try to tackle a full-blown crisis in Europe where fears are growing that Greece could leave the euro zone bloc, threatening the future of the common currency. President Barack Obama, the …