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Stormy Sun Could Knock Out Power Grids: Allianz

An upcoming cycle of stormy solar activity risks causing damage to electrical transformers and threatening vulnerable energy infrastructure around the globe, a report by an insurance group says. The sun follows a predictable 11 year activity cycle, with the next …

Two in Critical Condition After San Francisco Apartment Fire

San Francisco fire officials say two people are in critical condition after a two-alarm fire broke out at an apartment building in the city’s Mission district. Crews were still on the scene around 6 a.m. Thursday dousing hot spots. The …

Strong Winds Downed Trees and Power Lines in West

Some of the worst winds in years blasted through California this week, with the brunt off the gusts felt overnight on Wednedsday, sweeping through canyons, gusting up to 97 mph, and toppling trees and trucks while knocking out power to …

In Slow Economy, Injured Workers May Find It Harder to Return to Work

A new report from Workers Compensation Research Institute says some injured workers may face even greater challenges in returning to work. This could lead to potential increases in the duration of disability. The report, titled “Factors Influencing Return to Work …

Nebraska Health Providers Urge State-based Insurance Exchange

Nebraska should not wait for the U.S. Supreme Court to rule on the Obama administration’s health care overhaul before it prepares a state-based insurance exchange, a leading hospital advocate said. Bruce Rieker, a lobbyist for the Nebraska Hospital Association, said …

Arkansas Regulators no Longer Pursuing State-run Health Insurance Exchange

Arkansas Insurance Commissioner Jay Bradford has announced that planning efforts for an Arkansas-run health benefits exchange have ended. He stated that legislative opposition to developing an Arkansas exchange has quashed the state’s efforts to meet federal requirements for implementation of …

Maryland To Hold Hearing on Insurance Affordability for Coastal Areas

Maryland Insurance Administration will hold a two-day quasi-legislative public hearing, on Dec. 13 and 14, to discuss the availability and affordability for personal and commercial P/C insurance in coastal areas. Several insurance carriers have limited — or stopped altogether — …

Ohio Man Sentenced for Workers’ Comp Fraud

A Sharonville, Ohio, man has been sentenced in court for working as a cable installer while receiving workers’ compensation benefits. Gary Metz must repay the Ohio Bureau of Workers’ Compensation (BWC) $7,165 by Dec. 30 or risk jail time. BWC’s …

Are You Prepared for the Changing Insurance Market?

In today’s personal property/casualty insurance market, agents and brokers face increasing uncertainty. Staying the course is no longer an option to drive profitable growth. You must be informed of the latest market changes; understand your performance relative to the market; …

North Carolina Law on Electronics Coverage to Take Effect

North Carolina companies that sell portable electronics coverage will soon be able to offer insurance under a new state law that is due to take effect at the end of the year. Earlier this year, state lawmakers passed a bill …

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