Yearly Archives: <span>2010</span>

Long Named Liberty Mutual President

David H. Long, 49, has been named president of Liberty Mutual Group effective July 1. Long, who has been with Liberty Mutual for 25 years, is currently executive vice president, Liberty Mutual Group, and president of Liberty International. Long will …

Ohio: Temporary Disability Compensation Can Include Concurrent Wages

The Supreme Court of Ohio has ruled that the Industrial Commission of Ohio did not abuse its discretion in including wages from a second job to calculate an injured worker’s average and full weekly wages in determining temporary total disability …

Louisiana to American Trade Association: Stop Selling Insurance

Louisiana Department of Insurance Fraud Section Investigators served American Trade Association, its 13 companion companies and 14 personnel with cease and desist orders on June 7, 2010, for selling unauthorized insurance in Louisiana. Louisiana’s action follows regulatory moves against ATA …

Study Ties 1811, 1812 Midwest Quakes to Illinois Fault

New research by U.S. Geological Survey scientists is casting doubt on the long-held idea that the New Madrid fault zone in Missouri’s Bootheel unleashed a series of devastating earthquakes in 1811 and 1812. In a new study, the researchers say …

Louisiana Tells Illinois Pair to Cease Unlicensed Insurance Business

The Louisiana Department of Insurance has issued a Cease and Desist Order against Shel St. Clair and Richard Rinalo, doing business as Integrity Claims Consulting and/or Red River Insurance Construction. The department alleges the pair have been conducting business in …

FEMA: Insurance Applies if Oil from Spill Mixes with Flood Waters

The Federal Emergency Management Agency has clarified that in the event of a declared flooding disaster, National Flood Insurance Program coverage will apply even if oil from the British Petroleum deep well blowout in the Gulf of Mexico is mixed …

Voters Select Whitman Over Calif. Commissioner Poizner, Reject Prop. 17

Republican Meg Whitman will face off against Democrat Jerry Brown in the race for California governor in November. Whitman won the Republican ticket for governor with 64.2 percent of the vote, defeating Insurance Commissioner Steve Poizner who received 26.9 percent …

Best Upgrades Travelers Group Issuer Credit Ratings; Revises Outlook

A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “aa” from “aa-” of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate, UK-based Travelers Casualty and Surety Company of …

Georgia to Allow Failed Insurers’ Clients to Buy Into Insolvency Pool

Georgia Gov. Sonny Perdue has signed into law a bill allowing employers whose previous workers compensation carrier goes out of business to pay into the insolvency pool to cover injured workers’ claims. The law has been criticized by private insurers. …

The Hanover Offers Auto Discount for Crash-Prevention Training

The Hanover says it will offer Massachusetts drivers a discount on a special course in crash prevention skills and safe-driver techniques. The program, run by In Control Crash Prevention Training, is the only one of its kind certified by the …