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

Filing Aims to Reduce Oklahoma Workers’ Comp Rates

Oklahoma Insurance Commissioner John Doak announced the National Council on Compensation Insurance Inc. (NCCI) has filed to reduce workers’ compensation insurance rates in Oklahoma by 1.7 percent effective Jan. 1, 2012. The commissioner says NCCI attributed the rate decrease to …

Law Helps Illinois Patients Denied Insurance Claims

Illinois Gov. Pat Quinn has signed legislation to beef up protections for consumers who want to appeal health insurance claim denials. The law, signed Aug. 26, brings state law into line with consumer protections required by the federal Affordable Care …

Kentucky Workers’ Compensation Rates Continue to Drop

Kentucky regulators have approved the sixth straight reduction in workers’ compensation loss cost rates. Kentucky Insurance Commissioner Sharon Clark has approved a statewide average 7.5 percent decrease in loss costs rates. The new rates mean that the state’s loss cost …

Neace Lukens Promotes Devine to Northern Region Leader

Insurance broker Neace Lukens has promoted Tim Devine to northern region leader. In this new role, Devine will oversee the growth and expansion of Neace Lukens offices in Cincinnati, Cleveland, Columbus and Dayton, Ohio; Northern Kentucky; Southfield, Mich.; and Indianapolis, …

Louisiana Citizens’ Bond Rating Upgraded

Fitch Ratings has upgraded the bond rating of Louisiana’s property insurer of last resort. State Insurance Commissioner Jim Donelon announced that the bond rating for Louisiana Citizens Property Insurance Corp. (Citizens) has been upgraded to “A-” from “BBB” for the …

Ohio Workers’ Comp Bureau Proposes Job Creation Plan

The Ohio Bureau of Workers’ Compensation has proposed an economic development initiative with the goal of creating jobs in that state. Under the proposal, BWC could offer new employers in Ohio a 50 percent or higher discount on their workers’ …

Ahearn Returns to William Gallagher

Lynne Ahearn has rejoined insurance broker William Gallagher Associates in Boston as a senior vice president. Ahearn brings 20 years of insurance experience with her as she rejoins the firm after six years with Marsh Inc. as part of the …

Momentous Insurance Brokerage Partners With Archer Weiss

Van Nuys, Calif.-based Momentous Insurance Brokerage entered into a partnership to become an exclusive partner of business and personal lines insurance for Archer Weiss, a provider of individual and group health insurance plans based in the San Fernando Valley. In …

Irene Inflicts Only Minor Damage in South Carolina

Hurricane Irene spun away from South Carolina on Saturday, leaving behind only minor damage and residents breathing a sigh of relief. The storm came closest to South Carolina early Saturday, a few hours before it made landfall at Cape Lookout, …

Settlement Reached in California Roller Coaster Injury

Knott’s Berry Farm has reached a confidential settlement with a 12-year-old boy who was injured on its Xcelerator roller coaster when a cable broke and ripped into his leg. The Los Angeles Times reported that Kyle Wheeler of Weaverville and …