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Got Innovation? Submit Your Idea to the Entrepreneurial Insurance Awards Innovators get ready. MarketScout has begun its first-ever search for the most creative new product, underwriting application, or tool that helps distribute insurance in a more innovative fashion. ... September 03, 2010 12:23 PM AmWINS Wins Court Order Against Ex-Employee Now with Ryan Group North Carolina-based wholesale insurance broker AmWINS has won a court order against a former employee it believes is using confidential client information to target AmWINS business accounts and ... September 03, 2010 11:40 AM South Carolina Forms Insurance Funding Program South Carolina Insurance Director Scott Richardson, will introduce the new South Carolina Insurance Funding Program (SCIF) during the annual South Carolina Captive Insurance Association ... September 03, 2010 11:31 AM Chartis Expands Environmental Insurance to Additional Industries Chartis today announced the expansion of NextGen Protection, a suite of environmental insurance solutions developed by its Environmental Division. The additional industry segments within the ... September 03, 2010 11:30 AM Kentucky Simulator Program Aims to Improve Driver Safety Baby, you can drive Larry Roberts' car er, simulated driving machine. But first you have to get an official invitation from Roberts, who is the Fayette County attorney. And you have to be between ... September 03, 2010 11:23 AM Texas' July Enforcements Include Nearly $500K in Fines, Restitution Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during July 2010 include five license revocations, two license denials, and fines and restitution totaling ... September 03, 2010 10:27 AM Katrina Con Man Sentenced in Georgia A Georgia man was sentenced Wednesday to two years and nine months in prison for filing more than 30 false claims seeking emergency compensation for damages from three Gulf Coast hurricanes, a ... September 03, 2010 10:03 AM Florida Workers' Comp Reform Slowed Cost Growth Reform of Florida's workers' compensation fee schedule in 2003 achieved its intended results, significantly increasing the prices paid for physician services and reducing the average payment per ... September 03, 2010 9:54 AM Fee Schedule Slowed Growth of Illinois Injured Workers' Medical Costs Medical costs per workers' compensation claim in Illinois showed slower growth in 2007 following implementation of the medical fee schedule in 2006, according to a study from the Workers ... September 03, 2010 9:53 AM CMIC Raising Premiums in Massachusetts Connecticut-based medical professional liability insurer CMIC said it will raise premiums by an average 5.3 percent for Massachusetts health care professionals. The rate change goes into effect ... September 03, 2010 9:48 AM

Insurance

Should cars warn when there's a child inside on hot days? Safety advocates are urging Congress and regulators to force carmakers to install warning systems that would prevent distracted parents from leaving children in cars, preventing heatstroke deaths. At least 41 children have died already this year in hot cars, more than any previous year at this point. August was ... September 03, 2010 7:14 PM U.S. regulators see Dodd-Frank's help on systemic risk WASHINGTON (Reuters)—U.S. banking regulators see new powers under the Dodd-Frank financial reform law helping avoid a repeat of 2008's frenzied sale of Wachovia and the wreckage that followed the collapse of Lehman Brothers. A commission investigating the causes of the financial crisis was told on Wednesday that the legislation, ... September 03, 2010 7:14 PM Reinsurance outlook stable, but challenges remain: Fitch The worldwide reinsurance industry is expected to remain profitable this year, but a series of challenges could prompt reinsurers to focus on underwriting discipline, a rating agency said in an analysis released Wednesday. Fitch Ratings Ltd. said its outlook for reinsurers is stable and the industry is likely to ... September 03, 2010 7:14 PM Montana drinking and driving culture at crossroads HELENA, Mont. — Montana has long had a reputation as a place where you could crack open a beer while driving down the interstate just about as fast as you liked. Until 2005, when the state came under heavy duress from the federal government, it was legal to drink ... September 03, 2010 7:14 PM State Farm, Nationwide Among Property Insurers in Hurricane Earl's Path State Farm Mutual Automobile Insurance Co. and Nationwide Mutual Insurance Co. are among insurers with the most at risk from Hurricane Earl, which threatens to graze North Carolina on Sept. 3. The state had about $133 billion of coastal property covered by insurers according to 2007 data from AIR ... September 03, 2010 7:14 PM