Yearly Archives: <span>2017</span>

PEMCO Insurance Launching Rideshare Driver Endorsement in Oregon

Seattle-based PEMCO Insurance launched an auto policy endorsement for rideshare drivers in Oregon in September. The company said the endorsement enhances personal auto policies for rideshare drivers. The product is already available in Washington. PEMCO said the rideshare endorsement enables …

Mixed Messages Sent Over Texas’s New Cat Claims Statute

Ambiguity surrounding a Texas law that went into effect on Sept. 1 had insurance industry representatives and attorneys who represent insurance policyholders issuing conflicting messages to insureds who may have suffered property damage from Hurricane Harvey — even before the …

People

Dallas-based insurance and risk management firm Dexter & Company has added Jeff Twitty to its team as senior vice president and promoted Stephen Bivins to vice president. A seasoned insurance professional with more than 30 years of commercial insurance experience, …

Researcher Says Some Auto Insurers Illegally Overcharge Michigan Women

A group defending Michigan’s auto insurance system says it has uncovered instances of insurers illegally selling more expensive policies to women and widowed drivers, raising questions about state oversight of rating practices. State law prohibits insurance companies from basing rates …

Wisconsin Dairy Farmers Consider Risk Management Options After Federal Program Change

A change to the Dairy Margin Protection Program means Wisconsin dairy farmers can choose to opt out of the federal program and turn to other risk management strategies. The U.S. Department of Agriculture no longer requires farmers to enroll in …

People

Detroit, Mich.-based H.W. Kaufman Financial Group named Daniel J. Kaufman senior vice president of corporate growth. Kaufman will continue to serve as managing director and lead the Chicago, Milwaukee, Pittsburgh and Minneapolis offices. He returns to the company’s Detroit headquarters …

NCCI Files 12% Decrease for Tennessee Workers’ Comp Loss Costs

Workers’ compensation rates in Tennessee are going down again next year. The Tennessee Department of Commerce and Insurance (TDCI) announced in August that the National Council on Compensation Insurance (NCCI) is seeking a loss cost reduction of over 12 percent …

People

Marsh has named Lou Ann Layton as its Southeast Zone leader. In this role, Layton is responsible for client initiatives, new business and talent development across the District of Columbia and eight states: Florida, Georgia, Maryland, North Carolina, Pennsylvania, South …

Florida Workers’ Comp Premiums Going Down?

Just under a year since Florida workers’ compensation rates shot up by 14.5 percent, Florida businesses may get some relief in their workers’ comp premiums. The National Council on Compensation Insurance (NCCI) has recommended to Florida regulators an overall premium …

South Carolina Couple Sues Amazon Over Faulty Eclipse Glasses

A South Carolina couple is suing online retailer Amazon over what they claim were faulty pairs of eclipse glasses that resulted in eye injuries, headaches and blurry vision. In court papers filed in federal court in September, Thomas Corey Payne …