August 29, 2011
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 …
August 29, 2011
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 …
August 29, 2011
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 …
August 29, 2011
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, …
August 29, 2011
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 …
August 29, 2011
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’ …
August 29, 2011
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 …
August 29, 2011
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 …
August 29, 2011
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, …
August 29, 2011
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 …