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

When people think unpleasant events are over, they remember them as being less painful or annoying than when they expect them to happen again. That is due to the power of expectation, a power that helps people brace for the …

The Wisconsin state Senate passed legislation that would lower minimum levels of auto insurance. Car insurance would still be required under the bill passed on a bipartisan 25-7 vote, but the levels of coverage required would drop. Democrats approved higher …

Glens Falls, Upstate Agency New York-based Glens Falls National Bank and Trust has acquired Upstate Agency Inc., a property and casualty insurance agency with eight offices in New York. Terms of the transaction were not disclosed. Upstate Agency, which is …

Ryan Brown Kansas City-based insurance broker Lockton Companies expanded its St. Louis, Mo., office with the addition of Ryan W. Brown as producer. Brown, a mining and energy expert, comes to Lockton from Peabody Energy, where he served as director …

Insurers have come out against a move by South Carolina lawmakers to extend general liability policies to include construction defects. The Property Casualty Insurers Association of America (PCI) says such a move would add to loss costs and potentially lead …

The Wisconsin state Senate passed legislation that would lower minimum levels of auto insurance. Car insurance would still be required under the bill passed on a bipartisan 25-7 vote, but the levels of coverage required would drop. Democrats approved higher …

A proposal to give workers’ compensation insurance coverage to emergency workers for mental stress has been defeated in the North Dakota House. North Dakota’s workers’ compensation law normally doesn’t cover a work incident that causes mental trauma Ñ unless the …

Significant Flooding Likely “It appears likely we’ll get moderate to major levels of flooding on the Mississippi.” — Mark Fuchs, a hydrologist for the National Weather Service, said towns along the upper Mississippi River could see significant flooding this spring. …

Rodney Smith Lloyd’s of London has appointed Rodney Smith to serve as the regional director for Lloyd’s newly established Southeast region. Smith will be based in Atlanta, Georgia and be responsible for market development in Virginia, North Carolina, South Carolina, …

The Oversight and Government Reform Committee of U.S. House of Representatives has been looking into whether and how governmental regulations hurt business operations and job creation. In a recent hearing chaired by Rep. Darrell Issa of California, representatives from business …