Features

Buffett: Berkshire to Be Significant Factor in Commercial Insurance

Investor Warren Buffett said Berkshire Hathaway plans on growing its commercial lines insurance business quickly now that it has added four executives from American International Group. (See “People-East” for more details on the executive shuffle.) “I think you will see …

Space Mountain Reopens at Disneyland After Workplace Appeal Dropped

One of Disneyland’s most popular rides finally reopened in May after the company declined to appeal a workplace safety case. The attraction was closed in April after state officials said safety rules were violated when a contractor fell and suffered …

Tennessee Approves Workers’ Compensation Changes

Tennessee’s workers’ compensation system is going to undergo its most significant changes in decades including the creation of a new administrative court system to handle workers’ compensation claims. Governor Bill Haslam held a ceremonial bill signing at the Clarksville Foundry, …

N.J. Enacts Homeowners Summary Bill

New Jersey Gov. Chris Christie has signed into law on May 6 a bill that aims to help homeowners better understand their insurance policies. The legislation (A3642/S2502) requires homeowners’ insurers to give policyholders a one-page summary of the policy explaining …

Bill Limits California Workers’ Comp for Pro Athletes

Professional athletes who spent most of their careers with teams in other states would no longer be able to file workers’ compensation claims in California under a bill that has passed the state Assembly. Supporters of the bill from Assemblyman …

North Carolina Underreports Workplace Deaths: Study

A study by workplace safety advocates shows that more workers die on the job in North Carolina than the state reports. The Charlotte Observer reported that the state Labor Department recorded 35 workers killed on the job in 2012. The …

Criminal Investigation Launched into Texas Fertilizer Explosion

Texas law enforcement officials said on May 10 that they are beginning a criminal investigation into the fertilizer plant fire and explosion that occurred on April 17 in West, Texas. Texas Department of Public Safety (DPS) Director Steven McCraw announced …

Washington Man Gets $1,103 Speeding Ticket in Oregon

A Washington state man has a hefty speeding ticket to pay after getting clocked at 130 mph on his new motorcycle in central Oregon. Sixty-one-year-old Gregory Zaser, of the wealthy Lake Washington enclave of Medina, east of Seattle, told the …

State Farm Appeals Katrina Fraud Ruling in Mississippi

State Farm Fire and Casualty Co. is asking a judge to void a jury’s finding that the company defrauded the government in a case involving a policyholder claim after Hurricane Katrina. The verdict came in April in a whistleblower lawsuit …

Oklahoma Completes Workers’ Compensation Overhaul

Oklahoma Gov. Mary Fallin on May 6 signed a measure to overhaul the state’s workers’ compensation system, one that was backed by Republican lawmakers, the state’s top insurance regulator and insurance trade groups. Senate Bill 1062 changes Oklahoma’s current court-based …

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