Monthly Archives: <span>January 2012</span>

3 New Workers’ Comp Arbitrators Appointed in Illinois

Illinois Gov. Pat Quinn has appointed three more arbitrators for workers’ compensation system disputes. William Gallagher has 35 years of experience as an attorney concentrating on workers’ compensation in Illinois and Missouri, both in solo practice and at Nichols Law …

Florida Lawmakers Reject Bad-Faith Reform Bill

Business groups in Florida saw their efforts to reform the state’s bad-faith law end suddenly for the year after a legislative committee voted by a one vote margin to kill a bill that would have placed additional restrictions on lawsuits. …

Industry Report Card: California Insurance Commissioner Dave Jones

Insurance Commissioner Dave Jones marked his first full year in office recently by looking back on his and the California Department of Insurance’s accomplishments during 2011. “A little over a year ago, I took my oath as insurance commissioner and …

Employment Bias Complaints Against Private Sector at All-Time High: EEOC

Employment discrimination complaints against private sector employers reached an all-time high in the most recent fiscal year, federal regulators said this week. The U.S. Equal Employment Opportunity Commission (EEOC) said it received a record 99,947 charges of employment discrimination and …

Accident Fund Insurance Names Cambridge Underwriters Agency of the Year

Lansing, Mich.-based workers’ compensation insurer, Accident Fund Insurance Co. of America, has selected Cambridge Underwriters Ltd. of Livonia, Mich., as its 2011 Agency of the Year. “Cambridge has been a great partner in writing a sizable amount of business with …

Oklahoma Company Sued Over Accident That Hurt Teens

The parents of two teenagers who were severely injured in a grain elevator accident in Oklahoma have filed negligence lawsuits against the business where the boys worked. Cherie Gannon, Lee Zander and Rhonda Zander filed the lawsuits against Zaloudek Grain …

Kansas Farmers Rack Up $1B in Insurance Claims After Drought

Kansas farmers have claimed nearly $1 billion in insurance to offset crop losses caused by the lingering drought. The federal government says that breaks a Kansas record of $446.8 million for drought claims set in 2002, and more claims are …

Tennessee’s Appalachian Underwriters Adds Three Brokers

Appalachian Underwriters has added three brokers to its property and professional practice group. Shane Holden has 20 years of insurance and risk management experience at the retail level. Most recently, he worked for wholesale broker Colemont (now part of AmWINS) …

Kaufman Financial Acquires London’s Chesterfield Group, Texas MGA

The H.W. Kaufman Financial Group, parent company of wholesale broker and underwriting manager Burns & Wilcox, has purchased Chesterfield Group Ltd., a London-based insurance broker and underwriting organization with companies in the UK, U.S. and Canada. The acquisition expands Kaufman …

Increase in U.S. Tort Costs Driven by Gulf Oil Spill: Study

The April 2010 Deepwater Horizon drilling rig explosion and resulting oil spill in the Gulf of Mexico were the key drivers in the 5.1 percent increase in U.S. tort costs in 2010, according to a new report. The 2011 “Update …