A Louisiana Senate committee last week slightly altered a bill to revise the state’s building code, and another panel voted to require insurance companies to give discounts to homeowners who renovate their homes to meet the code. The Senate’s commerce …
A.M. Best Co. has affirmed the financial strength rating of “B++” (Good) and the issuer credit rating (ICR) of “bbb” of Cyprus-based Alliance International Reinsurance Public Company Limited. The outlook for the FSR remains stable, and the outlook for the …
The Commerce Group Inc.’s California-based subsidiary, Commerce West Insurance Co., has entered into a general agency agreement with Stonewood Insurance Services Inc. of Rancho Cordova, Calif., which promise to bring the insurer up to $170 million in California private passenger …
AmWINS Group, Inc., a Charlotte, N.C.-based national wholesale insurance broker, has acquired The American Equity Underwriters, Inc. (AEU), a national provider of insurance programs for maritime employers with a special expertise in United States Longshore and Harbor Workers Compensation (USL&H) …
Ohio says it didn’t begin recalculating benefits that could be due to almost 2,000 poor workers hurt on the job until this week despite a seven-month-old court ruling requiring such a recalculation. The inaction by Ohio’s insurance fund for injured …
The Mississippi Supreme Court will determine whether a trucker killed during a robbery at a truck stop in Wyoming qualifies for workers compensation benefits. The court agreed June 14 to hear an appeal from the family of Phillip Shores. The …
The federal mine safety agency said it has warned eight mining operations across the country that they may face sanctions as repeat violators of health and safety rules. The list includes coal operations in West Virginia, Kentucky and Alabama, as …
A state legislator from Bismarck says he will seek a change in North Dakota’s open meetings law, after an attorney general’s opinion regarding Insurance Commissioner Jim Poolman’s trips to national regulatory meetings. Attorney General Wayne Stenehjem’s opinion, issued at the …
Florida will receive over $318 million in federal assistance to fund recovery efforts from the 2005 Hurricane Season, according to Gov. Charlie Crist. The federal legislation authorizes the Federal Emergency Management Agency to pay the entire cost of certain hurricane …
Gov. Bob Riley decided to block legislation that would have raised the minimum amount of liability insurance that Alabama motorists must buy because he was concerned it didn’t give policyholders time to comply. Riley’s communications director, Jeff Emerson, said the …
