Maryland’s State-Run WC Insurer IWIF to Become Private Nonprofit Co. May 23, 2012 The Injured Workers’ Insurance Fund (IWIF), Maryland’s state-run workers’ comp insurance carrier, will become a private, nonprofit company under a...
Frank Crystal & Co. Launches Marine Insurance Practice May 23, 2012 Frank Crystal & Co., an independent insurance brokerage firm, has formed an exclusive cooperation with P.L. Ferrari & Co. to...
Vermont Companies Get Workplace Safety Awards May 23, 2012 The state of Vermont is honoring several companies for their commitment to safety in the workplace. The Ben & Jerry’s...
Ratings of Dallas National Insurance Downgraded, Under Review May 23, 2012 A.M. Best Co. has downgraded the financial strength rating to B-(Fair) from B (Fair) and issuer credit rating to “bb-”...
FDIC Sues Big Banks Over Mortgage Securities May 23, 2012 The government has sued several big banks over toxic mortgage securities they issued that were bought by two small Illinois...
General Ledger Accounting for P/C Agencies May 23, 2012 By Chris Marinescu In current practice insurance premium accounting is based on general ledger (GL) accounting. It is used by all agency management...
Wisconsin’s United Heartland Honored as a Top 100 Workplace May 23, 2012 United Heartland, a national workers’ compensation insurance company based in New Berlin, Wis., announced it has been selected as one...
Jury Awards Brothers $700K in Wisconsin Diocese Molestation Case May 23, 2012 An Outagamie County, Wis., jury has awarded two brothers $700,000 in a fraud trial against the Catholic Diocese of Green...
Assurant Specialty to Hire Up to 100 Workers in Gwinnett County, Ga. May 23, 2012 Assurant Specialty Property, a provider of insurance services, said this week it is hiring as many as 100 new employees...
Ex-Workers Accused in Thibodaux, Louisiana, Restaurant Fire May 23, 2012 Two former employees are accused of torching a Western Sizzlin restaurant in Thibodaux, La., early on May 21. Police say...