Yearly Archives: <span>2011</span>

Democrats Vow to Pursue Oil Spill Liability Bill

U.S. Democrats Wednesday pressed for new legislation aimed at preventing a repeat of last year’s massive BP oil spill, as Republicans warned that the disaster should not be used to hamper offshore oil and natural gas production. The renewed push …

National Underwriter, Summit Media File for Bankruptcy

Summit Business Media and its affiliates including The National Underwriter insurance publisher have filed for Chapter 11 bankruptcy to address more than $250 million in debt and unsecured claims. The company said that it had already worked out an agreement …

Hair Named Chief Risk Operator for Utah Workers Compensation Fund

Dan Hair, Utah Workers Compensation Fund senior vice president and chief underwriting and safety officer, has been promoted to chief risk operator. He will be responsible for developing and implementing an enterprise risk management (ERM) program. He also will work …

CSE Insurance Launches Pay-As-You-Drive Program

Walnut Creek, Calif.-based CSE Insurance Group has filed a pay-as-you-drive auto insurance program with the California Department of Insurance. Upon approval, customers who take part in the SAVE program will be rewarded for driving fewer miles with lower auto insurance …

Boehner to Address Agents Before D.C. Lobbying Day

House Speaker John Boehner (R-Ohio) will give the keynote address to members of the Big “I” during the group’s annual D.C. conference later this year. Boehner is scheduled to speak on Thursday, April 14, hours before state groups of members …

Paramount Capital Insurance Group Joins ISU Network

Paramount Capital Insurance Group of Reynoldsburg, Ohio, has joined the ISU Network. ISU PCIG was founded by Eric Schwab. Schwab is a third generation insurance agent following in the footsteps of his grandfather, uncle and father who each owned agencies. …

Kentucky’s Neace Lukens Acquires Ohio’s Lent Agency

Neace Lukens, a Louisville, Kentucky based brokerage firm, recently acquired the Lent Agency, a Dayton, Ohio insurance agency. The merger will add 12 Lent Agency employees, including four producers, to the Neace Lukens staff. These employees will join seven Neace …

North Dakota Residents Urged to Prepare for Red River Floods

Fargo officials told residents this week that they need to start preparing soon for what’s expected to be a third straight year of major spring flooding along the Red River. ‘I don’t think anybody is ready for this. Not three …

Iowa Employment Agency Charged with Workers’ Compensation Premium Fraud

The owner of a Des Moines employment agency has been indicted on federal fraud charges, accused of scheming to defraud insurance companies out of workers’ compensation premiums. Dan Sethi, of Ankeny, owns DES Staffing Services in Des Moines. An indictment …

Severed Finger Points Way to Suspected Arsonist in Florida

A piece of a severed finger inside a glove led police near Titusvillle, Fla. to a suspected arsonist. Investigators found the finger near the door of a burning home along North Dixie Highway latst Friday night. They checked local hospitals …