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Commercial Insurance News:

 

OneBeacon unit wins dispute over coverage for sunken tug boat - Business Insurance

Business Insurance

OneBeacon unit wins dispute over coverage for sunken tug boat
Business Insurance
A federal appellate court has overturned a lower court ruling and ruled in favor of a OneBeacon Insurance Group unit in a dispute with a protection and indemnity insurer over insurance coverage for a sunken tug boat. Three tugs EUR” the M/V Miss Dorothy .

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Congress urged to adopt national data breach standard - Business Insurance

Business Insurance

Congress urged to adopt national data breach standard
Business Insurance
Congress should adopt a national data security standard to eliminate the patchwork of state laws and requirements that businesses must currently comply with and ensure that consumers are promptly notified that a cyber breach affects them, according to .

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Montana lawmakers study options for workers comp system - Business Insurance

Business Insurance

Montana lawmakers study options for workers comp system
Business Insurance
I think that is going to drive a lot of future discussion about what to do with the structure of Montana State Fund,EURť said Mr. Hubbard in an interview with Business Insurance. Lawmakers are also discussing how these options will affect workers comp .

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US property/casualty insurance sector to see 2017 underwriting loss: Best - Business Insurance

Business Insurance

US property/casualty insurance sector to see 2017 underwriting loss: Best
Business Insurance
The U.S. property/casualty insurance industry is expected to post a net underwriting loss of $29.3 billion for 2017, A.M. Best Co. Inc. said Wednesday, with catastrophe losses mainly driving the sector to its second consecutive year of underwriting .

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Insurance legislators reintroduce physician dispensing model law - Business Insurance

Business Insurance

Insurance legislators reintroduce physician dispensing model law
Business Insurance
The model law aims to re-establish clear guidelines for doctors when it comes to reimbursement and distribution of drugs to help reduce workers compensation insurance costs, according to a draft of the Workers Compensation Pharmaceutical Reimbursement .

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The Hartford to Acquire Foremost's Commercial Lines Business - Insurance Journal

Insurance Business

The Hartford to Acquire Foremost's Commercial Lines Business
Insurance Journal
EURśThis move provides us the flexibility to increase our focus and invest additional resources on the small business segment, which we remain very committed to, through our vast network of Farmers agents,EURť said Sharon Fernandez, head of Business .
The Hartford acquires business worth $200 million from Farmers companyInsurance Business

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Progressive Insurance CEO headlines ISU Business Week - Bloomington Pantagraph

Bloomington Pantagraph

Progressive Insurance CEO headlines ISU Business Week
Bloomington Pantagraph
NORMAL EUR” The president and CEO of Progressive Insurance will be the keynote speaker during Illinois State University's Business Week, which runs through Friday. Tricia Griffith has been with the company since 1988, starting as a claims representative .

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Court reinstates suit alleging deficient care at geriatric center - Business Insurance

Business Insurance

Court reinstates suit alleging deficient care at geriatric center
Business Insurance
A federal appeals court has reinstated litigation filed by a now-deceased patient against her skilled nursing facility, in which she charged it with providing deficient care that led to an amputation. Georgia Anne Hope was admitted at age 90 to the .

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