Florida was spared Hurricane Irene’s wrath, but that doesn’t mean homeowners here won’t have a price to pay down the road.

GAO: Health insurance broker compensation cuts from MLR real

Health insurance agent and broker commissions were cut by a number of insurers because of the new medical loss ratio (MLR) included in the federal health reform law, according to the nonpartisan Government Accounting Office.  Read Story

Hurricane Irene’s fury ‘somewhat limited’ for insurers, reinsurers

A key ratings service expects a “somewhat limited impact” from Hurricane Irene for U.S. property-casualty insurers and global reinsurers.  Read Story

Doctors fear medical malpractice claims, eye new legal protections

Doctors may see prevention against medical malpractice liability (MPL) claims in future legislation, a welcome reform in an environment where most doctors face at least one lawsuit in their career, a new study says.  Read Story

Maryland Deputy Commissioner Sammis takes policy position at CareFirst

Beth Sammis, the acting Maryland insurance commissioner for nearly 18 months, ending in June, has taken a job at CareFirst BlueCross BlueShield, one of the health insurance companies she regulated.  Read Story

Texas Supreme Court backs employers in workers’ compensation ruling

The Texas Supreme Court reversed a Houston appeals court ruling, which advocates say strengthens the Texas Workers' Compensation Act for employers.  Read Story

As he walked the length of the twin home’s basement in Elkins Park on Monday, Seth Straff took stock of the damage Hurricane Irene had wrought – destruction far beyond ...  Read →  Read Story

Great companies are populated by great employees. Businesses that genuinely succeed and flourish over the long run have agency owners who possess the vision, wisdom and courage to identify, attract, hire, and mentor great assistant managers.  Read Story

People judge risk badly. We worry too much about minor hazards and are nonchalant about more serious ones. We’re especially inept at judging chronic long-term risks – like climate change.  Read Story

Woman, mother, boyfriend allegedly filed $70,000 in false fire losses

A woman, her boyfriend and her mother were arrested in Ohio in connection with an alleged arson in July that authorities say was actually an attempted insurance fraud.   Read Story