Yearly Archives: <span>2010</span>

Earth Day: How Insurance Works with Recyclers

Today marks the 40th anniversary of Earth Day and this year the Environmental Protection Agency turns 40 as well. Earth Day, the EPA and activists have been catalysts for one industry’s growth, in particular. The recycling industry plays a critical …

Oklahoma House Passes Workers’ Compensation Reform Measure

Legislation aimed at improving the state’s workers’ compensation system for injured workers and reducing costs for Oklahoma employers has passed the House of Representatives. Senate Bill 1973, by Rep. Dan Sullivan, makes a number of changes to the state’s workers’ …

Five UT Pan American Students Awarded Insurance Scholarships

Five outstanding business degree majors at the University of Texas Pan American in Edinburg, Texas, have been awarded academic scholarships from the Insurance Council of Texas (ICT). The students, many of them first generation college graduates, were awarded $1,000 scholarships …

Surplus Lines Rate, Form Filing Exemption Bill Passes Louisiana House

Louisiana House Bill 285 by Rep. Pearson, which exempts surplus lines from filing rates and forms, has passed the state’s House of Representatives. According to David Tatman, a representative for the Louisiana Surplus Lines Association, the bill passed by a …

Pennsylvania Judge Tosses Burned-by-Price-Scanner Suit

An Erie County, Pennsylvania judge has thrown out a lawsuit filed by the guardian of a 12-year-old girl who claimed the girl was burned and traumatized when a convenience store clerk allegedly aimed a hand-held price scanner at her face. …

ACE Adds High Net Worth Policies in Washington State

ACE Private Risk Services, part of the ACE Group, announced that it has expanded the availability of its ACE Platinum Portfolio policy to Washington state. In addition, Shannon Detroit has been appointed territory manager for the state. Based in Seattle, …

Georgia Firms Could Buy Into Insolvency Pool for Workers’ Claims

Georgia lawmakers have voted to allow employers whose injured employees lost medical benefits when a major workers compensation carrier went under to buy into the state insolvency fund. Sponsored by Rep. Carl Rogers, R-Gainesville, who is an insurance agent, the …

Connecticut Recovered over $1M from Insurers in First Quarter

The Connecticut Insurance Department said it recovered over $1 million on behalf of consumer in the first quarter of the year. The department’s consumer affairs unity, which oversee complaints against insurers, handled roughly 1,600 complaints and inquiries during the three-month …

Obama: U.S. Faces Another Financal Crisis If Lessons Aren’t Learned

U.S. President Barack Obama will tell Wall Street Thursday to accept a sweeping bill to overhaul financial regulations, warning of another crisis unless rules are tightened to rein in the industry’s risky practices. In a speech in New York that …

Progressive Launches Car Insurance App for Google’s Android Smart Phone

Progressive Insurance has launched a car insurance app for smart phones using the Google Android operating system, one of the fastest growing smart phone platforms. “We’ve seen a 30 percent increase in visits to our mobile Web site by Android …