Insurance Journal

• Report on California Workers’ Comp Shows Steady Independent Medical Review Activity November 20, 2019
  More than 15,400 independent medical reviews a month are issued in California’s worker’s compensation system, according to a new report from the Department of Industrial Relations. The DIR this week issued a progress report on the its independent medical review …
• Markel Corp. Chairman Kirshner to Retire Next May; Steven Markel to Succeed Him November 20, 2019
  Specialty insurer Markel Corp. announced that Alan I. Kirshner, the company’s executive chairman and chairman of the board, will retire as a director and officer of the company in May, 2020. Kirshner has been with Markel for 60 years, serving …
• California Commissioner Issues Emergency Notice to Expedite Wildfire Claims November 20, 2019
  California Insurance Commissioner Ricardo Lara on Wednesday issued an emergency notice to all property/casualty insurers doing business in California requesting they expedite claims handling for wildfire survivors to help them begin the recovery and rebuilding process more quickly. “I have …
• Texas Windstorm Insurer’s Actuarial Committee Recommends 5% Rate Hike November 20, 2019
  When the board of directors of Texas’ property insurer of last resort for wind and hail along the Texas coast meets in December, its members will be considering a 5% rate increase recommended by the organization’s actuarial and underwriting committee. …