Monthly Archives: <span>May 2006</span>

Workers’ Safety Concerns Don’t Reflect Reality, Says Safety Council

While American workers recognize safety as a serious issue, their perceptions about their greatest safety risks do not mirror reality, according to a new National Safety Council survey. In the council’s 2006 American Worker Safety Survey, accidental injury, which is …

Okla. AG Sues Tobacco Companies

The Oklahoma Attorney General’s office reported it has filed lawsuits in Oklahoma County District Court against three tobacco manufacturers for violating an Oklahoma law stemming from the 1998 tobacco settlement Oklahoma enacted a “non-participating manufacturer” law in 1999 requiring tobacco …

Okla. Couple Awarded $13 Million in Lawsuit Against State Farm

An Oklahoma couple was awarded nearly $13 million in a class-action lawsuit after a jury ruled that State Farm Fire & Casualty Co. intentionally underpaid claims from families whose homes were damaged by tornadoes seven years ago. Donald and Bridget …

Colorado Has Eighth-Highest Rate Of Motorcycle Deaths

Colorado has the eighth-worst rate of motorcycle deaths in the nation and is the only state in the top 10 that does not require helmets, government statistics show. Colorado’s death rate was 1.77 per 100,000 people, the Rocky Mountain News …

Texas Windstorm Association to Increase Rates

Texas Insurance Commissioner Mike Geeslin on May 26 signed a Commissioner’s Order allowing the Texas Windstorm Insurance Association (TWIA) to increase rates for residential homeowners’ wind coverage by 3.1 percent and commercial rates by 8 percent, the Texas Department of …

Study: 18 Million Americans May Be Unfit for Roads

Results from the second annual GMAC Insurance National Drivers Test suggest licensed Americans lack basic driving knowledge and exhibit alarming behaviors on the road. The study revealed that one in eleven drivers–nearly 18 million people–would fail a state drivers test. …

Employers’ Mutual in ‘Top-10’ Places to Work in Ky.

Kentucky Employers’ Mutual Insurance has announced it has been named one of the top-10 Best Places to Work in Kentucky. Located in Lexington, KEMI is Kentucky’s leading provider of workers’ compensation insurance. The organization employees more than 200 insurance professionals, …

P/C Insurers’ Investment Strategy Focused on Cycle Management

Cycle management is the key driver of property/casualty insurance company investment strategies today, according to a new study by Conning Research and Consulting, Inc. “Regardless of size or underwriting focus, P/C insurers adjusted their investment portfolios in response to cycles …

Willis Appoints Downs to Lead Healthcare Practice

Willis Group Holdings Ltd. has appointed Kevin Downs as leader of its North American Healthcare Practice. Downs is tasked with the strategic, financial and operational growth of the Healthcare Practice and is based in Chicago, Ill. Previous to this appointment, …

Service from Progressive Cuts Time Managing Crash Claims

More than 18,200 car accidents happen in the Austin metropolitan area each year–that’s about 350 a week or 50 a day. And, while about half of all claims handled by Progressive in the area are considered minor in terms of …