Yearly Archives: <span>2014</span>

Florida’s Citizens to Shave Operating Costs by Consolidating Offices

Florida’s state-backed property insurer is seeking to control its operating costs by consolidating its office space, a move expected company officials say could save almost $12 million over the next five years. Citizens Property Insurance Corp. currently has offices in …

AIG Expands Cyber Coverage to Include Physical Risks from Cyber Events

AIG has expanded its cyber insurance offering to include property damage and bodily injury exposures. This new cyber offering provides commercial customers a way to manage physical risks to their operations from cyber attacks and cyber security failures. AIG’s expanded …

Burand’s Agency E&O Blog: Tip #57

Review Renewals. While my recommendation to review renewals might seem so simple that even mentioning it might seem like I’m scratching the bottom of the barrel, I am writing this recommendation because I am seeing too many agencies that are …

Ohio Woman Must Repay $32K in Workers’ Comp Benefits

An Ohio woman was ordered to repay more than $32,000 in connection with working while collecting workplace injury benefits. Laura Brown pleaded guilty April 9 in Franklin County Court of Common Pleas to workers’ compensation fraud, a fifth-degree felony. “Ms. …

550 Cited in Minnesota for Texting While Driving

The Minnesota Department of Public Safety says law enforcement officers across Minnesota cited 550 people for texting while driving during a recent 10-day crackdown on distracted driving. The enhanced enforcement campaign by more than 400 departments this month also netted …

Safety Laws Still Lacking a Year After Texas Plant Blast

It has been a year since a fire caused a huge explosion at a Texas fertilizer plant that killed 15 people, yet companies in the state can still store hazardous chemicals in flammable wooden containers in buildings without sprinklers and …

Civisca to Focus on Marine and Inland Marine for Louisiana’s Fidelis Group

Covington, La.-based Fidelis Group Holdings LLC (FGH), through its subsidiary company Continental Underwriters Ltd., a national marine and inland marine insurance coverage and service provider, appointed Michael L. Civisca as executive vice president. Civisca will oversee and continue building the …

Ohio Employers to Share $1.2B Workers’ Comp Premium Credit

Ohio private employers and local governments will soon receive a credit on their workers’ compensation bills totaling $1.2 billion, the Ohio Bureau of Workers’ Compensation (BWC) announced. The credit approved by the BWC board of directors will allow the transition …

Affordable Care Act Could Have ‘Modest’ Effect on Other Insurance Costs

The expansion of health insurance accomplished under the Affordable Care Act may alter costs for several major types of liability insurance, although any such changes are likely to be modest, according to a new RAND Corp. report. Automobile, workers’ compensation …

Workers’ Comp Commissioner Says Claims on Decline in Texas

Declining workplace injuries and fewer claims for workers’ compensation benefits are leading to lower costs for employers, Texas Commissioner of Workers’ Compensation Rod Bordelon told lawmakers in testimony before the House Business & Industry Committee. Bordelon also told committee members …