April 19, 2010
Miner Safety “We know there are things in the law that needed to be improved even before this tragedy. Unfortunately mine health safety laws are passed in the blood of dead miners.” —Aaron Albright, a spokesman for the House Education …
April 19, 2010
Commercial insurance buyers continue to benefit from lower prices and steady or increasing insurance capacity in property/casualty markets, reports the nation’s largest insurance broker. In its newly published Lockton Market Update, global insurance broker Lockton, also says the U.S. employee …
April 19, 2010
Kansas City, Mo.-based Ascension Insurance Inc. has announced the acquisition of the Las Vegas-based Kapp Insurance Agency Inc., doing business as Portal of Nevada. Portal of Nevada is a full service employee benefits consulting firm with clients throughout Nevada and …
April 19, 2010
Some of the largest U.S. health insurers are changing their accounting practices to book administration costs as medical costs in an attempt to circumvent new industry reforms, according to a recent U.S. Senate panel’s report. Under the healthcare law passed …
April 19, 2010
An attempt by the New Orleans Saints to lower its workers’ compensation costs for injured players has mushroomed into an issue that would apply to all businesses and employees in Louisiana. The Saints were pushing a bill by Rep. Cameron …
April 19, 2010
Two years ago, Larry Frese thought he’d escaped the worst of a flood that had left a lot of his neighbors’ homes in Chelsea, Iowa, and a large swath of the state underwater, even as overflowing Otter Creek lapped at …
April 19, 2010
Florida regulatory officials are preparing for the implementation of the new healthcare reform law. Florida Insurance Commissioner Kevin McCarty said his Office of Insurance Regulation (OIR) will use a May 4 joint public hearing with the Florida Health Insurance Advisory …
April 19, 2010
UK insurer Prudential Plc is under no pressure from its shareholders to cut the $35.5 billion price it’s paying for AIG’s Asian life insurance unit, the group’s Asia CEO said. “At the very beginning, we got a lot of questions …
April 19, 2010
The economic impact of the volcanic cloud halting flights across Europe will increase sharply the longer disruption continues, forcing holiday cancellations, delaying deliveries and reducing jet fuel demand. African exporters of flowers and vegetables by air to European supermarkets, technology …
April 19, 2010
Robin McNeill has joined the architects & engineers professional liability team at underwriter Beazley Group. McNeill, who will be based in Washington, D.C., was most recently a vice president with Victor O. Schinnerer & Co., the underwriting manager for CNA’s …