Monthly Archives: <span>September 2023</span>

Connecticut Eyes 9.8% Cut in Workers’ Compensation Costs

Connecticut workers’ compensation insurers are recommending an overall 9.8% reduction in loss costs in the voluntary market and a 10.5% overall reduction in the assigned risk market. The rate filing submitted to the Connecticut Insurance Department by the insurers’ National …

Shimano Issues Crankset Recall After Several Crashes and Injuries

NEW YORK (AP) — Cycling company Shimano is recalling some 760,000 bike cranksets in the U.S. and Canada due to a crash hazard that has resulted in several reported injuries. According to a Thursday notice from the U.S. Consumer Product …

Report Examines 10-Year California Workers Comp Payment Trends

Average paid losses on California workers’ compensation lost-time claims fell immediately after legislative reforms of SB 863 took effect a decade ago, but then gradually increased up until the pandemic hit, according to a new study. The California Workers’ Compensation …

People Moves: Bates Joins Alliant as VP in Austin, Texas

Bates Joins Alliant as VP in Austin, Texas Nick Bates joined Alliant Insurance Services’ Alliant Americas division as vice president in Austin, Texas. Bates joins Alliant with 20 years of experience, including roles as vice president at both McGriff and …

West Virginia Regulator Wants Input on Surplus Lines Export List

The West Virginia Office of Insurance Commissioner is accepting comments on potential changes to the state’s surplus lines export list, through Oct. 16. By state law, the office maintains a list of coverages and classes that may be placed with …

VIAA Adds Two Missouri Agencies to Commercial Marketing Pod Program

Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois, recently welcomed two alliance agencies to its members-only Commercial Marketing pod program. VIAA offers this exclusive carrier rating platform service to …

Director of Minnesota’s New Marijuana Regulatory Agency Resigns Amidst Illegal Cannabis Sales Allegations

ST. PAUL, Minn. (AP) – The recently appointed director of Minnesota’s new marijuana regulatory agency Erin Dupree has resigned amid reports that she sold illegal cannabis products in the state. Dupree ran a business that sold products exceeding state limits …

Movie Star Anthony Mackie Returns to New Orleans to Repair Hurricane-Damaged Roofs

NEW ORLEANS (AP) – Movie star Anthony Mackie was back in his home town – and back at an old job – as he took part in a program to repair roofs damaged by natural disasters for people who aren’t …

Oklahoma Judge Arrested After Allegedly Firing Shots at Parked Cars and Crashing into Woman’s Vehicle

OKLAHOMA CITY (AP) – An Oklahoma judge was arrested in Austin, Texas, last week after authorities say he opened fire on parked vehicles while out driving, striking at least one of them, and intentionally crashed into a woman`s vehicle, telling …

People Moves: Bettencourt Settling In as New Hampshire Insurance Commissioner

DJ Bettencourt is settling in after he was confirmed as the state’s insurance commissioner, more than a month after he was nominated to the post by Gov. Chris Sununu. “As commissioner, my key priorities include making New Hampshire a gold …