The South Dakota House passed a bill this week that would close the driving records of firefighters, police, ambulance employees and other emergency personnel when they have accidents on duty. That would insulate those public servants from higher insurance rates. …
A couple who contended that a hormone-replacement drug caused the woman’s breast cancer was awarded $1.5 million (euro1.16 million) this week in a jury verdict in Philadelphia against drug maker Wyeth. The jury also found that Wyeth acted with malice …
Florida Gov. Charlie Crist proposed an emergency rule Monday to guarantee insurers do not raise property insurance rates or cancel policies before a law he signed last week to lower rates goes into effect on June 1. Crist will ask …
Pete Schwanke has been named senior executive, corporate risk management, at Westfield Insurance. His responsibilities include designing Westfield’s risk management programs and maintaining its reinsurance programs. Schwanke previously served as risk management actuary. He began his career at Westfield in …
The Professional Insurance Agents of New York State Inc. announced that Amanda Bresin received its Bernard I. Kozel Memorial Scholarship award. Bresin is a marketing and customer service representative for Garber Atlas Fries in Oceanside, N.Y. PIANY presents the award, …
A state committee looking for ways to save lives on Alabama highways wants to get young drivers off cell phones and put new restrictions on how many passengers they can carry. The State Highway Safety Coordinating Committee is working on …
San Diego-based Arrowhead General Insurance Agency Inc. has promoted Stephen Boyd to chief information officer, overseeing the company’s staff of 75-plus technology professionals and responsible for setting the company’s technology direction. Boyd was previously senior vice president of information systems. …
Workers’ compensation reform legislation has helped to reduce physical therapy and chiropracting manipulation in California, according to the California Workers’ Compensation Institute. CWCI recently completed a study analyzing changes in medical utilization and payments for outpatient services in California workers’ …
Changing corporate governance practices and excess capital in the insurance market have made directors and officers (D&O) liability premiums drop in recent years, according to Advisen Ltd., a provider of analytics, benchmarking and market information to the global commercial insurance …
Seattle-based Safeco hosted a conference call on its fourth quarter and year-end results today, noting it had fourth-quarter net income of $216,4 million, or $1.96 per diluted share. Net income for the same period the previous fiscal year was $190.7 …
