Monthly Archives: <span>December 2009</span>

Washington Not Increasing Minimum Wage in 2010

Washington’s Department of Labor & Industries reminded employers that for the first time since voters passed an initiative 11 years ago indexing the minimum wage to the Consumer Price Index, the state minimum wage will remain unchanged. The minimum wage …

Idaho Insurance Department Seeks Senior Financial Examiner

The Idaho Department of Insurance is seeking a senior financial examiner to oversee the work of one to two financial analyst and two technical records specialists. The person in this position will have direct contact with insurance company management and …

Former New Mexico Insurance Regulator’s Convictions Upheld

A federal appeals court has upheld the convictions of former New Mexico insurance regulator Joe Ruiz on corruption charges. The 10th U.S. Circuit Court of Appeals affirmed Ruiz’s convictions of extortion, mail fraud, wire fraud and corruption solicitation. Ruiz was …

Has to Get Better

It’s no secret. 2009 was a tough year. Just as tough as 2008; maybe even more so. The economy continued to tank. More businesses shut their doors. Revenues dropped for just about every business. Independent insurance agencies were no exception. …

Car Insurance Premiums to Rise for Many Louisiana Drivers

A law that goes into effect Jan. 1, 2010, increasing the required minimum liability auto insurance coverage is expected to increase insurance rates for more than 1 million Louisiana motorists. Though the change was approved by the Legislature in 2008, …

Deep South CEO Disiere to Step Down

David Disiere, CEO of the Dallas-based managing general agency Deep South Insurance Group, plans to leave that position. In 2008, QBE U.S. Agencies, a longtime partner of Deep South and a subsidiary of QBE Insurance Group purchased Deep South from …

Insurer Fights Payout on Illinois House That Exploded

An insurance company is fighting a claim on a Madison County, Ill., house that exploded last year, blaming a female occupant for the blast. Madison Mutual Insurance Co.’s lawsuit in Edwardsville asks a judge to not require it to pay …

Former Employees Sue Oklahoma Trucking Company; File Claims with State

Former employees of Tulsa, Okla.-based Arrow Trucking Co. have sued the company after it suddenly suspended operations and laid off workers. The federal lawsuit claims Arrow violated laws that govern mass layoffs and business closures. Philadelphia attorney Charles Ercole, who …

North Dakota Insurance Agent’s License Revoked

North Dakota Insurance Commissioner Adam Hamm has revoked the insurance license of Patricia Howard, a Dunn Center, N.D., insurance agent who the insurance department says engaged in deceitful and dishonest practices against her insurance clients. The revocation bars Howard from …

U.S. Risk Opens New Reinsurance Broker Goss Re

U.S. Risk Insurance Group Inc., based in Dallas, Texas, has expanded into the specialty reinsurance brokerage marketplace. Goss Reinsurance Brokers Inc. will operate as a specialty reinsurance broker for medium to small insurance carriers, captives, self-insurance funds, risk retention groups, …