News

Judge Approves Delay in Sentencing for Duke Energy Coal Ash Crimes

Duke Energy received a delay Tuesday in pleading guilty to environmental crimes after the company raised the specter that bureaucratic red tape could result in power being cut to military bases across North Carolina. U.S. District Judge Malcolm Howard approved …

Environmental Groups Sue Tennessee Valley Authority over Plant Pollution

Two environmental groups claim toxic pollution from a Gallatin, Tenn., power plant is seeping into the Cumberland River and state regulators are not doing enough to stop it. The allegations are part of a lawsuit filed in federal court on …

Alabama Lawmakers Dismiss Bill Barring Teens from Riding in Truck Beds

Alabama lawmakers won’t bar teens from riding in the back of pickup trucks after most acknowledged they’ve ridden back there too. The Alabama House of Representatives refused to debate a bill last week that would prohibit kids under 19 from …

EPIC Hires Woodhull as Principal in Connecticut

EPIC (Edgewood Partners Insurance Center), a retail property/casualty insurance brokerage and employee benefits consulting firm based in San Francisco, hired Timothy C. Woodhull as a principal.

Missouri Lawsuit Targets Anthem Insurance Subsidiaries

A Missouri lawsuit seeking class-action status accuses three insurance subsidiaries of failing to safeguard sensitive consumer data from hackers who recently breached health insurer Anthem Inc.’s computer networks. A lawsuit first filed in February in St. Louis County on behalf …

Arkansas Workers’ Comp Rates to Drop

The Arkansas Insurance Department announced a decrease in workers’ compensation rates effective July 1, 2015. The overall loss cost decrease in the voluntary market is 2.1 percent, while the overall decrease in rates for the assigned risk is 3 percent. …

Wade Confirmed as Connecticut’s Insurance Commissioner

The Connecticut state Senate on Tuesday officially confirmed Katharine L. Wade as Connecticut’s new insurance commissioner.

Ascension Acquires Belvedere Pacific in California

Ascension Insurance Inc. has acquired Belvedere Pacific Insurance Services in Corte Madera, Calif. Belvedere Pacific is a full-service employee benefits and insurance brokerage. Belvedere Pacific Principal Michael Stallone joins the Ascension Western region benefits team as senior vice president. Walnut Creek, Calif.-based Ascension …

Erie Insurance Receives FAA Approval to Use Drones in Claims, Underwriting

Erie Insurance announced Wednesday that it received conditional approval from the Federal Aviation Administration (FAA) to use the unmanned aircraft system (UAS) — commonly referred to as drones — in the company’s claims and underwriting processes. The FAA approval allows …

Obama Labor Rule Would Shift Legal Duty of Retirement Plan Brokers

Brokers and insurance agents providing retirement-savings advice would have to put clients’ interests ahead of their own under an Obama administration plan that will face stiff opposition from Wall Street and Republican lawmakers. The Labor Department proposal announced Tuesday is …

News Archives by Month