Monthly Archives: <span>January 2011</span>

Judge Imprisons 2 for Life in Texas Church Arsons

A judge has sentenced two men to life in prison after they pleaded guilty in a series of fires at churches in Smith County in East Texas last year. Judge Christi Kennedy ordered the prison terms for 20-year-old Jason Robert …

Sidelining Agents

In their zeal to control health care costs, federal and state policymakers may be pushing health insurance agents and brokers to the sidelines and potentially out of business. If this happens, they will be shortchanging the consumers who rely on …

Panel on BP Oil Spill Calls for Tougher Oversight

A White House commission probing BP’s massive oil spill has called for an overhaul of a regulatory system that was “entirely unprepared” for disaster and outlined stringent, new oversight, a plan sure to face opposition from Republicans reluctant to expand …

People

Incoming Oklahoma Insurance Commissioner John Doak has appointed 10 members of his staff to lead the Oklahoma Insurance Department: Mike Rhoads is deputy commissioner of Health Insurance; Denise Engle is deputy commissioner of Workers’ Compensation; Former state Sen. Randy Brogdon …

Return-to-Work Process Helps Employees Return to Normalcy Faster

Unfortunately, many companies have workplace accidents at some point that may require an employee to be away from work whether for a few days or a few months. According to the U.S. Department of Labor Bureau of Labor Statistics, in …

Texas Insurance Commissioner Geeslin to Step Down

Texas Insurance Commissioner Mike Geeslin announced in early January that he will not seek another term as head of the Texas Department of Insurance. His term ends Feb. 1, 2011. Commissioner Geeslin has been with TDI for eight years, and …

United States Proposes to Open Roads to Mexican Trucks

The Obama administration on Jan. 6 proposed a new inspection and monitoring regime to permit long-haul trucks from Mexico on U.S. highways after years of delays over safety concerns and political wrangling. The Transportation Department’s compromise seeks to revive efforts …

Auto Insurance Changes Targeted for Repeal in Wisconsin

Republicans in the Wisconsin Legislature are aiming to repeal most of the auto insurance coverage increases mandated by Democrats, which industry and state regulators blame for higher premiums. Drivers would still be required to carry car insurance, a change that …

Business Moves

United Fire & Casualty, Mercer Insurance Group Iowa-based insurer United Fire & Casualty is acquiring New Jersey-based Mercer Insurance Group in a deal valued at $191 million. The merger is expected to close in the first quarter of 2011. The …

Declarations

2011 Exposures “Exposures will continue the growth we saw in the second half of 2010 as the economy continues its recovery, implying increases in insurance premium volume. Still, the low interest rate climate, which will likely persist throughout 2011, will …