Monthly Archives: <span>June 2017</span>

People

Stephens Insurance LLC, an affiliate of Stephens Inc., an independent, full service investment banking firm, has opened a property and casualty brokerage office in Birmingham, Ala. The new team–made up of Tice Young, Donna Sanford, James Kennedy and Marty Hall–brings …

Research Finds New Hampshire Seacoast Roads Under Rising Sea Level Threat

Research out of the University of New Hampshire has found that some roads, as far as two miles from the shore, are facing a new hazard that currently cannot be seen by drivers – rising groundwater caused by increasing ocean …

Penn. Insurance Commissioner to be Nominated for New Health, Human Services Agency

Pennsylvania Governor Tom Wolf has announced his intention to nominate current Pennsylvania Insurance Commissioner Teresa Miller to serve as the inaugural secretary of the prospective unified Department of Health and Human Services (HHS). Miller has served as Pennsylvania Insurance Commissioner …

Mass. Court Says Suspended Public Employee Can Receive Workers’ Comp

The Massachusetts Supreme Judicial Court has ruled that an injured public employee is still eligible to receive workers’ compensation benefits after being suspended from employment. The court concluded workers’ compensation benefits are not compensation as defined in the state’s employee …

Governor Wolf Calls for Pennsylvania to Keep Fighting Fatal Overdoses

Pennsylvania Governor Tom Wolf said that the U.S. Drug Enforcement Agency’s (DEA) statistics on fatal overdoses that showed an incerease in Pennsylvania again last year are a call for the state and federal government to redouble efforts to combat the …

MEMIC Names Bourque as President, CEO Following Leonard’s Retirement

The MEMIC Group, a Portland, Maine-based workers’ compensation specialist, has named company veteran Michael P. Bourque as its president and CEO to replace John T. Leonard, who is retiring later this year. Bourque, who has worked for the company for …

People

Insurance Agents & Brokers (IA&B), a Mechanicsburg, Penn.-based professional trade association, will have a new president and CEO at the helm beginning in January 2018. Deputy CEO and Counsel Jason Ernest will take the reins from Rick Russell, who will …

Why the WannaCry Breach Brings Good News

Don’t cry over spilled milk, in fact maybe it will teach you to hold the carton tighter. A lesson well learned. This is why, despite the harsh headlines, the ransomware attack that struck the world in May, WannaCry, makes me …

Declarations

Wells Fargo Flap “Instead of allowing victims to have their day in court and permit an independent judge or jury to arrive at a verdict following an open and fair trial, Wells Fargo wrongly pushed customers seeking justice into forced …

Growing Number of Municipal Suits Over Opioids Face Uphill Battle

A growing number of U.S. states, counties and cities are filing lawsuits accusing drug companies of deceptively marketing opioid painkillers to downplay their addictiveness. But some lawyers say the industry’s highly regulated nature could pose a hurdle to their success. …