Yearly Archives: <span>2010</span>

Study Says Northeast Seeing More, Fiercer Rainstorms

The Northeast is seeing more frequent “extreme precipitation events” in line with global warming predictions, a study shows, including storms like the recent fierce rains that flooded neighborhoods and businesses across New England. The study examined 60 years of National …

Doing the Right Thing – It’s Complicated

When it comes to doing the right thing, our desires often get in the way. They cause us to veer down a crooked path that leads us away from what we should do to what we want to do. That’s …

It Figures

$30.8 Million The amount from its surplus that Kentucky’s major workers’ compensation insurance carrier, Kentucky Employers’ Mutual Insurance, has decided to return to policyholders. Earlier this month, Gov. Steve Beshear asked the insurer to consider returning some of its $147 …

People

Wells Fargo Insurance Services has named Wayne Marchant as senior vice president and Southeast region healthcare practice leader. He will be based in Savannah. Prior to joining Wells Fargo Insurance Services, Marchant was vice president and chief risk officer, corporate …

Kentucky Enacts Municipal Insurance Accountability Laws

Kentucky Gov. Steve Beshear has signed into law two Senate bills that will ensure that public entities such as the Kentucky Association of Counties (KACo) and the Kentucky League of Cities (KLC) conduct their business operations under the light of …

Massey Has No Business Interruption Insurance

Massey Energy Co. said it will increase coal production at its other mines to compensate for production lost at the West Virginia mine where 29 miners died in a blast. It expects to reopen the Upper Big Branch (UBB) mine …

Business Moves

Northern Capital Florida insurance officials have moved to shut down Northern Capital Insurance Co. after concluding that the firm is insolvent. Agents and the company’s 70,000 policyholders are being advised to cancel their Northern Capital policies and seek new coverage …

Keystone Insurers’ Kentucky Derby and Where It’s Going Next

Pennsylvania-based insurance agency franchisor Keystone Insurers Group has more than 200 agency owner-partners and it’s not done yet, says Colin Buzzard, Keystone’s executive vice president of sales and marketing. Currently, Keystone has agency partners in Pennsylvania, North Carolina, Virginia, Indiana …

Who Pays?

Things are heating up in the world of Chinese drywall. Courts are issuing opinions, a U.S. consumer products safety agency is recommending gutting homes with the product, and a consumer watchdog group is insisting that President Obama board Air Force …

West Virginia Doctor Probed Over Workers’ Compensation Prescriptions

Investigators have seized a small fortune from a Mingo County, West Virginia doctor in a case that parallels a previous raid of a Williamson pain clinic, court filings show. The U.S. District Court papers disclose that prosecutors are negotiating a …