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

Officials Say Oklahoma Tornado Causing Financial Woes

A tornado that destroyed 149 structures in Oklahoma’s Atoka County on April 14 is causing a major financial strain on residents and relief agencies, officials said. About 65 percent of the people who lost houses when the tornado hit Tushka …

Oregon Sees 4 Workplace Fatalities in Q1 2011

Oregon recorded four compensable workplace fatalities in the first quarter of 2011, compared to seven compensable workplace fatalities for the same period in 2010. According to the Department of Consumer and Business Services, fatalities occurred in the agriculture, forestry, fishing …

Oregon Permanent Disability Awards Decline 57%

Falls and highway accidents caused the most permanent total disabilities in Oregon in 2009, according to a new report by the Department of Consumer and Business Services. In its report, “Permanent Total Disabilities in the Oregon Workers’ Compensation System, 2009,” …

Marsh Launches Dodd-Frank/FDIC Receivership Endorsement

To provide additional cover to executives and directors at financial companies, whose personal assets are now at greater risk as a result of expanded Federal Deposit Insurance Corp. (FDIC) authority, Marsh has created a new form of insurance protection that …

Ohio Plans May 5 Switch to Electronic Licensing System

Ohio insurance regulators will soon make a switch to an electronic system for agent licensing. Ohio Lieutenant Governor and Director of the Department of Insurance Mary Taylor said transition to the new system will begin at close of day on …

High Water Takes Toll on North Dakota Dams

North Dakota officials say that many small and aging dams will likely need repair after a third straight waterlogged spring. One of those dams, near Burlington, nearly failed recently, and about 200 people were advised to evacuate as a precaution. …

Mercury Insurance to Announce Q1 Earnings on May 2

Los Angeles-based Mercury General Corp. will be hosting a Webcast at 1 p.m. EST on May 2, 2011, to announce its first quarter financial results. To listen to the report, visit www.mercuryinsurance.com. A recording of the conference call will be …

Cincinnati Financial Corp. Announces Leadership Changes

Cincinnati Financial Corp. announced the transition of company leadership and expanded responsibilities for key officers, effective May 2, 2011. Leadership changes include: Kenneth W. Stecher, previously president and chief executive officer, becomes chairman of the board for Cincinnati Financial and …

San Francisco Women’s Insurance Group Elects New Officers

The San Francisco Chapter of the National Association of Insurance Women has elected its new board of directors. The following officers will serve for the term July 1, 2011 to June 30, 2012: President Marie Meadow of International Marine Underwriters; …

More Colorado Residents Opt to Prepare for Disasters

Four families in Yoder, Colo., are building a sand bunker and stockpiling ammunition and weapons. A Black Forest resident has erected a geodesic dome on her 5-acre spread to grow vegetables, keeps horses for emergency transportation, in case she can’t …