From the monthly archives: March 2018
The nonstandard auto market is characterized by substandard operating performance. Since 2007, carriers writing nonstandard auto policies have reported deteriorating operating performance and many are struggling to maintain market share.
But that hasn’t stopped interest in this large – and extremely volatile – segment of the property/casualty industry. Continue reading
Longer-term prescribing of opioids more than triples the duration of temporary disability among workers with work-related, nonsurgical, lower-back injuries when compared to claims with no opioid prescribing, according to a study released Thursday by the Cambridge, Massachusetts-based Workers Compensation Research Institute. Continue reading
Employers are struggling to hire workers in tightening U.S. job market. Marijuana is now legal in nine states and Washington, D.C., meaning more than one in five American adults can eat, drink, smoke or vape as they please. The result is the slow decline of pre-employment drug tests, which for decades had been a requirement for new recruits in industries ranging from manufacturing to finance. Continue reading
Cyber-related claims against directors and officers have been largely unsuccessful to date, but given the plaintiff bar’s creativity and persistence, it is too soon for companies to relax and consider themselves off the hook, say experts. Continue reading
Nevada Insurance Commissioner Barbara D. Richardson approved two filings from the National Council on Compensation Insurance, according to a Thursday statement from the Nevada Division of Insurance. Continue reading
