July 2, 2012
The Consumer Federation of America (CFA) says that most good drivers — those with no accidents or moving violations — who live in moderate-income areas in 15 cities are being quoted what the group maintains are high auto insurance rates …
July 2, 2012
North Carolina business owners may find it harder to escape having workers’ compensation coverage after state lawmakers approval of a bill closing a loophole that had resulted in tens of thousands of employers going without coverage and leaving injured workers …
July 2, 2012
Alpha Natural Resources has completed sealing the West Virginia mine where an explosion killed 29 workers in 2010. Alpha spokesman Ted Pile told The Register-Herald that the seals are covered with fill dirt. The mine hasn’t operated since the explosion …
July 2, 2012
The cost of insurance claims for lightning strikes nearly doubled between 2004 and 2011, even as the number of claims shrank dramatically, and an industry trade group says fancy new TVs and videogame consoles are to blame. The Insurance Information …
July 2, 2012
R&R Insurance Services Inc. in Waukesha, Wis., has appointed David Lancaster vice president of Employee Benefits. Lancaster has more than 25 years of insurance industry experience. Prior to R&R, he worked for Liberty Mutual Group in numerous high-profile positions including …
July 2, 2012
New Jersey Manufacturers Insurance Company has promoted Treasurer Charles Prall to chief financial officer. He will also serve on the insurer’s board of directors. Being named to the CFO position is an enhancement of Prall’s previous duties, the company said. …
July 2, 2012
Embracing Social Media “Facebook is a great way to get our message out to Maryland residents.” —Maryland Insurance Commissioner Therese Goldsmith on utilizing social media. The Maryland Insurance Administration announced last month that the agency has set up a Facebook …
July 2, 2012
Ranchers in western Colorado are selling off cattle to avoid losing them to a severe drought. Livestock auctioneer Bill Martin of Loma says his auction barn usually sees between 200 and 400 cows a week, but this year the numbers …
July 2, 2012
“One way or another.” Is that the best way to describe a sound investment strategy nowadays? Yes. If you’re talking about the growing number of agencies investing in group health benefits offerings. It’s the attitude being echoed by more and …
July 2, 2012
More states are officially announcing that they have collected penalties and fines as part of a multi-state regulatory settlement with American International Group over workers’ compensation insurance. On June 21, Massachusetts Insurance Commissioner Joseph Murphy announced that his state received …