AAU Announces Hire of Connally in Tampa, FL

AAU, a division of USG Insurance Services, Inc., is pleased to announce the hire of Stan Connally as Producer/Broker: Workers Compensation in the Tampa, FL branch. Connally joins AAU with 36 years of experience in the insurance industry, specializing in Workers Compensation. Most recently, Stan worked with Employers National Insurance Company as Vice President/Marketing. At… Continue reading AAU Announces Hire of Connally in Tampa, FL

Oklahoma Ruling Could Set Precedent for Workers Comp Cases

Medical cannabis joint on cannabis buds on wooden table

A recent Oklahoma court ruling that permits an injured worker to receive compensation benefits with a positive drug test could set a precedent for such cases at a time when medical marijuana may soon be widely available in the state. The Oklahoma Court of Civil Appeals ruled on Nov. 16 that “the presence of an… Continue reading Oklahoma Ruling Could Set Precedent for Workers Comp Cases

InsurTech Oyster Expands Workers’ Compensation into California

Workers Comp injury costs

Oyster Insurance, a alternative for small business insurance needs, today announced that they have begun protecting small businesses in California. Now licensed in 26 states, Oyster plans to launch their workers’ compensation coverage in an additional six states throughout 2019. Oyster has been providing workers’ compensation to over 70 classes of business in New York… Continue reading InsurTech Oyster Expands Workers’ Compensation into California

Florida Office of Insurance Regulation Approves 13.8% Decrease to Workers Compensation Rates

Workers comp injuries

Florida Insurance Commissioner David Altmaier has issued a Final Order granting approval to the National Council on Compensation Insurance (NCCI) for a statewide overall rate level decrease of 13.8 percent. This applies to both new and renewal workers’ compensation insurance policies effective in Florida as of January 1, 2019. Governor Rick Scott said, “Over the… Continue reading Florida Office of Insurance Regulation Approves 13.8% Decrease to Workers Compensation Rates

Commercial Insurance Market Shows Signs of Firming As Casualty Losses Mount

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Commercial insurance buyers are facing upward pricing pressure across most lines of business in 2019, driven in part by escalating losses in the casualty insurance market, while industry consolidation and technology advancements are creating new dynamics for insurance buyers to navigate, according to Willis Towers Watson’s 2019 Insurance Marketplace Realities. The report, published today, serves… Continue reading Commercial Insurance Market Shows Signs of Firming As Casualty Losses Mount

Insurance Renewal Rates Experience Uptick in Nearly All Major Commercial Lines Products

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IVANS, a division of Applied Systems, today announced the third quarter results of IVANS Index, the insurance industry’s premium renewal rate index. Q3 results showcased an increase in premium renewal rate change across nearly all of the commercial lines of business compared to the second quarter, except for BOP and Workers’ Compensation which experienced a… Continue reading Insurance Renewal Rates Experience Uptick in Nearly All Major Commercial Lines Products

Daniel J. Guth Joins Alliant in Orange County

Expert risk and insurance professional Daniel J. Guth, ARM, has joined Alliant. The Orange County, CA-based Vice President will provide strategic workers’ compensation, risk management, and property and casualty solutions to a diverse portfolio of clients. “Over more than 23 years in the business, Dan has built a far-reaching expertise that will play a vital… Continue reading Daniel J. Guth Joins Alliant in Orange County

National Inventory of State Regulations Affecting Prescription Drugs Released by WCRI

McKinsey Opioid Settlement

Today, the Workers Compensation Research Institute (WCRI) released a new report that gathers in one place the numerous state regulations affecting prescription drugs in all 50 states, including those for injured workers. “Across the country, states are grappling with an array of different regulatory strategies, overseen by different agencies, to address prescribing of medicine,” said… Continue reading National Inventory of State Regulations Affecting Prescription Drugs Released by WCRI

Our EXCLUSIVE program, with Great American Insurance Group is expanding to include you!

Great American expands its embedded insurance team

FOR IMMEDIATE RELEASE: 08/21/2018 Mark Kapatoes Kapatoes Insurance LLC 203-507-6068 Mark@kisllc.com     Our EXCLUSIVE program, with Great American Insurance Group is expanding to include you!     Lake Mary, FL- Today Kapatoes Insurance Services, an insurance provider that specializes in health food stores announces that their exclusive insurance program with Great American for retail… Continue reading Our EXCLUSIVE program, with Great American Insurance Group is expanding to include you!

Florida Workers Comp Rates Could Drop by 13% Next Year

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If state regulators approve, workers compensation rates in Florida will go down 13.4 percent beginning next year. The National Council on Compensation Insurance proposed the drop Tuesday to the state Office of Insurance Regulation. The main reason for the hefty dip, the council said, is that claims for the program are being filed less frequently… Continue reading Florida Workers Comp Rates Could Drop by 13% Next Year