News

FEMA Awards $1.2M Tsunami Grant to Oregon County

The Federal Emergency Management Agency has announced a disaster relief grant of nearly $1.2 million to Oregon’s Curry County to help repair and replace public infrastructure damaged by the tsunami waves from the Japanese earthquake. Gov. John Kitzhaber sought federal …

Rio Grande Valley Insurance Broker Sentenced to Prison

A 47-year-old Harlingen man was sentenced to more than three years in federal prison for a scheme to defraud a Rio Grande Valley hospital of more than $3.8 million by selling it nonexistent and altered insurance policies. Judge Keith P. …

SIAA Adds 33 Members in May; 4 Are South Central Agencies

New Hampshire-based Strategic Insurance Agency Alliance (SIAA) announced it signed 33 new members in May. Of these, 24 are liberated “captive agents” new to the independent agency system – bringing new premium dollars and new people into the system. Four …

Commercial Insurance Prices Still Flat But Workers’ Comp Moving Up

Commercial insurance prices were relatively flat for the ninth consecutive quarter, and new data confirm the deterioration of loss ratios in accident-year 2010. Price reductions continued for commercial property and management liability lines, according to global professional services company Towers …

Insurers Meet in Canada on United Nations Sustainability Principles

Canada is this week hosting the third of seven United Nations conferences to develop a set of sustainability principles for the insurance industry. Insurance industry CEOs and other senior executives from Bermuda, Canada and the United States are attending the …

North Carolina Lawmakers Agree on Workers’ Compensation Benefit Change

Consensus legislation to change limits on benefits for workers injured on the job in North Carolina has swept through the General Assembly and is moving to Gov. Beverly Perdue for her signature. The Senate agreed unanimously last Thursday to give …

Michigan Court Clears Storage Owner in Customer’s Death

The owner of an Ann Arbor, Michigan self-storage business has been cleared of liability in the death of a customer who accidentally locked himself in a car trunk. The Michigan appeals court recently overturned a decision by a Washtenaw County …

Tennessee High Court Agrees Judge Took Too Long

The Tennessee Supreme Court has upheld the Court of the Judiciary’s decision that Cocke County General Sessions Judge John A. Bell took too long to decide a personal injury case and related accusations. The high court last Friday also affirmed …

New York Governor Wants Tougher Penalty for Texting Drivers

Drivers who text behind the wheel in New York now run little risk of being pulled over by the police, but that would change under a proposal by Gov. Andrew Cuomo. The governor said Friday that he plans to introduce …

Tennessee Jury Awards $200K in Sexual Bullying Case

Two mothers who claimed their sons were sexually bullied have won a lawsuit against the Wayne County, Tennessee schools and have been awarded $100,000 each. The women said the boys were humiliated in a locker room at Waynesboro Middle School …

News Archives by Month