Insurance
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Hurricanes, tornados, floods, wildfires and other natural disasters claim lives and leave in their wake the destruction of businesses and livelihoods around the globe. And the growth of complex international supply chains means these disasters cast a wide economic net. more
BOSTON – An auto-insurance company has agreed to pay more than $200,000 to settle allegations that it overcharged consumers by failing to reduce premiums as drivers gained additional years of driving experience, Attorney General Martha Coakley said. more
R.I. Health Insurance Commissioner Christopher F. Koller says there’s enough unfinished business to keep him working right up until the last minute of his scheduled departure at the end of June. That’s when he’s set to begin his new job as president of the Milbank Memorial Fund in New York City. more
Despite efforts from government and industry to reduce health care spending, Rhode Island health insurers say the cost curve is bending in the wrong direction. more
Traditionally, employers focused on helping employees who were injured at work get back to work early with RTW. Recognizing the value of a healthy workforce, the commonalities of recovering from on and off the job injuries, the efficiencies of coordinating RTW efforts, and the greater risk exposure to discrimination claims when workers are treated differently depending on the reason for their absence, some employers are moving toward integrating occupational and non-occupational cases to reduce absences and lower claims costs. more
Gold has been the most talked-about investment and was the place to be for nearly 12 years. It moved from $250 per ounce to more than $1,900 per ounce while the stock market gyrated on its roller coaster ride. When investing in gold you could not go wrong. Then something happened. more
PROVIDENCE – John C. Langenus has joined Blue Cross & Blue Shield of Rhode Island as the newest member of its board of directors, the health insurer announced on June 5. more
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