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California Worker’s Compensation Rating Bureau Issues Report on Opioids
The use of opioids has significantly and continuously declined in the California workers’ compensation system since 2012, a trend that may be leading to a shift in the patterns of medical treatments for California’s injured workers as well as more …

POSTED APRIL 24, 2019 5:21 PM
CIC Services Launches Captive Program for Small, Mid-Sized Businesses
CIC Services, LLC, has created a new program help small- to mid-sized companies establish captive programs for their business. The program is designed for companies that would otherwise not be large enough to consider replacing commercial insurance with a captive. …

POSTED APRIL 24, 2019 4:48 PM
New Brightway Insurance Agency Opens in Missouri
Florida-based Brightway Insurance has opened a new store in Missouri. The Grone Agency in Des Peres was established by Brennen Grone, who first worked for Brightway, The Landers Agency in Glendale, Colo. Grone subsequently worked alongside his father in an …

POSTED APRIL 24, 2019 4:44 PM
Oklahoma Supreme Court Tosses Non-Economic Damages Cap
The Oklahoma Supreme Court has struck down a state law that caps damages for pain and suffering in personal injury lawsuits. The state’s highest court ruled Tuesday a civil justice statute limiting non-economic damages in personal injury lawsuits to $350,000 …

POSTED APRIL 24, 2019 4:35 PM
Cars Submerged at Dallas Airport Amid Storm Outbreak
Storms that pummeled North Texas overnight are being blamed for stranding motorists in the Dallas/Fort Worth area and for flooding underground parking lots at a Dallas airport. Dozens of vehicles were submerged in nearly four feet of water in the …

POSTED APRIL 24, 2019 4:24 PM
Allianz Weighs Bid for Deutsche Bank’s Asset Management Business: Sources
Allianz and Amundi are considering rival deals to tie up their asset management units with Deutsche Bank’s DWS, sources close to the matter said on Wednesday. Their interest comes as Germany’s biggest bank considers a possible merger with Commerzbank, with …

POSTED APRIL 24, 2019 4:11 PM
Wading Through Coverage Differences in Expanding Private Flood Insurance
It has been a long-held insurance axiom that flood is not considered an insurable peril due to its potentially catastrophic nature. Here is what the report, “Affordability of National Flood Insurance Program Premiums: Report 1” (National Research Council, 2015) says …

POSTED APRIL 24, 2019 3:36 PM
Medical Marijuana Sales in Arkansas Set to Begin in Mid-May
Medical marijuana sales in Arkansas are set to begin around May 12 as cultivators plan to begin harvesting the plant in the coming days and regulators finish the approval process for the state’s first dispensaries. Department of Finance and Administration …

POSTED APRIL 24, 2019 3:36 PM
AAIS Adds Jonas as Commercial Lines Product Manager in Illinois
The Lisle, Illinois-based national not-for-profit insurance advisory organization, American Association of Insurance Services (AAIS), has named Joseph Jonas as its new commercial lines product manager. Jonas is responsible for AAIS forms, manual rules and rating information in the standard commercial …

POSTED APRIL 24, 2019 3:32 PM
Michigan AG to Target Worker Misclassification by Employers
Michigan Attorney General Dana Nessel said her office will target businesses that cheat their employees of wages, pledging a forceful crackdown on what she called an under-the-radar problem that also lets companies dodge taxes. “Our office intends to be as …

POSTED APRIL 24, 2019 3:30 PM

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