CNA insurance companies announced the opening of a Catastrophe Operations Center within its Nashville, Tennessee office for handling anticipated claims from Hurricane Katrina. All new Hurricane Katrina losses should be reported through First Notice Systems (FNS) by calling or faxing …
Dwight E. Smith and Roger P. Sugarman were recently elected to the board of directors of State Automobile Mutual Insurance Company of Columbus, Ohio. Smith is CEO of Sophisticated Systems, Inc., a software integration and consulting firm, and Sugarman is …
The Texas Workers’ Compensation Commission reported that in 2004, Texas recorded the second lowest number of occupational fatalities since data collection began in 1990. A total of 440 fatal occupational injuries occurred, a decrease of 10 percent from 2003, according …
Brooke Corporation of Overland Park, Kansas, announced that it has issued 375,000 shares of its common stock to complete the exercise in full of the over-allotment option granted to the underwriters as part of the company’s recent follow-on offering. Sandler …
AIR Worldwide Corp., a risk modeling company, estimates that insured losses from the initial landfall of Hurricane Katrina should not exceed $600 million. With maximum sustained wind speeds of 80 mph at landfall, Hurricane Katrina was a fairly weak Category …
Kanbay International, Inc., a global IT services firm focused on providing solutions to the financial services industry, announced that the company has been named a winner of the LOMA “Excellence in Education” Award. LOMA is an international association through which …
The board of directors of Sky Financial Group, Inc. has declared a third quarter cash dividend of $.22 per share on its common stock, payable Oct. 3, 2005, to shareholders of record as of Sept. 15, 2005. Sky Financial Group …
Acting New Jersey Gov. Richard J. Codey has signed legislation to prohibit smoking in public and private college and university dormitories. “Today we are creating safer, healthier residence halls,” Codey said. “Prohibiting smoking greatly reduces the risk of fires and …
New York-based Integro Ltd. has announced it has hired three former Marsh senior vice presidents for its San Francisco office. Charles F. Shay Jr. will serve as Managing Principal, Management Risk Solutions; Tim Candy will be Principal, Management Risk Solutions; …
Pennsylvania’s Department of Labor & Industry’s (L&I) Bureau of Workers’ Compensation compliance unit announced the prosecution of four employers for reportedly failing to maintain workers’ compensation coverage on employees. Section 305 of the Pennsylvania Workers’ Compensation Act specifies that an …
