Thursday, 24 July 2008

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Study Shows Dip in Florida Workers’ Comp Claims a One-Time Occurrence

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Written by U.S. Insurance News
Monday, 19 May 2008
Reforms made a few years ago in Florida to workers compensation claims did in fact reduce costs, but just for one year. “Monitoring 2003 Reforms in Florida: CompScope™ Benchmarks, 8th Edition,” a new study by the Workers Compensation Research Institute (WCRI), shows that workers’ comp costs per claim in Florida decreased in 2004, following reforms enacted in 2003, but the trend did not continue in 2005.

The Allstate Foundation Chooses Inaugural Parent Activist of the Year Winner

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Written by U.S. Insurance News
Monday, 19 May 2008
The Allstate Foundation has selected Laura Marchetti as its first Parent Activist of the Year winner. Marchetti’s efforts to prevent traffic-related youth deaths in her home state of Florida stood out from the competition.

Georgia Legislature Passes Bill to Increase Competition Among Auto Insurers in Their State

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Written by U.S. Insurance News
Monday, 12 May 2008
The Georgia legislature has put consumers in their state in the driver’s seat. Now it’s up to Gov. Sonny Perdue to start the car.

Legislature Fails to Reform Florida Hurricane Catastrophe Fund

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Written by U.S. Insurance News
Monday, 12 May 2008
For now, the hurricane insurance tax issue in Florida has been tabled. The state legislature adjourned earlier this month without addressing the tax issue. Instead, legislators passed additional regulatory measures that, in the opinion of the American Insurance Association (AIA), continue a series of legislation in recent years that discourage national companies from expanding their writings in Florida.

Prudential Foundation Honors Florida Teen as One of America’s Top Youth Volunteers

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Written by U.S. Insurance News
Monday, 12 May 2008
A teenager from Miami Gardens, Florida, was named one of America’s top ten youth volunteers for 2008 in a ceremony at the U.S. Chamber of Commerce, in addition to receiving a national Prudential Spirit of Community Award for her outstanding volunteer community service.

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INSURANCE NEWS
AIG Becomes Sole Owner of Ascot Underwriting Recession Wouldn't Drive Up Workers Comp Claims, Executives Predict Seniors Should Take Proactive Steps before Letting Life Insurance Policies Lapse, J.G. Wentworth Advises

POLITICS & POLICY
AARP Report: States Making Some Progress in Balancing LTC Options under Medicaid FINRA Teams with IFEBP to Warn Consumers about Early Retirement Scams NCOIL Urges Governors, Attorneys General to Fight H.R. 5840

INNOVATION

ISO Works With SAS Software to Create Advanced Risk Modeling Improved AMS 360 Primed to Pump Up Agency Revenues Nine in a Row: Aflac Chosen Again for “Best Places to Work in IT”

FOCUS

Consumers Asked to Get Creative for New York Life Ad Campaign Nationwide Financial Services Wins a “Best in Show” at IMCA Showcase Miss GEICO Wins Title of Fastest Powerboat in the World

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