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With Insured Losses Estimated at $8.5-$11B, Louisiana Looks to Recovery

Catastrophe modeling firm AIR Worldwide estimates that industry ground-up insurable losses—which include exposures eligible for coverage (regardless of whether they are actually insured) without any application of deductibles or limits—from the flooding in Louisiana caused by excessive rainfall during August … Source: Claims Journal

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New Mexico Insurance Regulator Wants More Time to Pursue Back Taxes

New Mexico’s superintendent of insurance pleaded Wednesday for more time to recover unpaid taxes on insurance premiums and investigate at least one company, after an outside audit uncovered $193 million in uncollected state revenue. Insurance Superintendent John Franchini told a … Source: Claims Journal

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Texas DWC Claim Files go Digitial

Every month, TDI’s Division of Workers’ Compensation receives hundreds of requests for records of workers’ compensation claims that can date back to the 1960s. DWC first checks to make sure the person requesting the confidential records has a right to … Source: Claims Journal

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