February 13, 2008
Thomas Newgarden has joined Seattle-based Safeco as senior vice president of underwriting for Safeco Personal Insurance. Previously, Newgarden was senior vice president and chief underwriting officer of AIG Private Client Group. With 20 years experience leading product development and underwriting, …
February 13, 2008
San Francisco, Calif.-based Woodruff-Sawyer & Co. named Debra A. Lego (formerly Lego-Wathen) as vice president. Lego’s focus will be on strategic broking, consulting and business development across all areas of risk and coverage. Lego comes to the firm with background …
February 13, 2008
Ohio Department of Insurance Director Mary Jo Hudson recently announced that Bill Rossbach has been named chief regulatory officer and Doug Anderson has been named chief policy officer. “These promotions will provide a foundation for increased efficiencies and improved customer …
February 13, 2008
A.M. Best Co. has assigned a financial strength rating of ‘A ‘(Excellent) and issuer credit rating (ICR) of “a” to CIBC Reinsurance Company Limited (CIBC Re), based in St. Michael, Barbados, with a stable outlook. “The ratings reflect CIBC Re’s …
February 13, 2008
Pa. Gov. Edward G. Rendell announced a 10.22 percent average decrease in workers compensation insurance costs, a move that he said will result in $250 million in savings for employers in the state. The move follows December filings by the …
February 13, 2008
A new study by the Insurance Research Council (IRC) has found that medical expenses reported by auto injury claimants continue to rise faster than the rate of inflation. Average claimed economic losses (which include expenses for medical care, lost wages …
February 13, 2008
Deltic Timber Corp. has been fined $13,500 for three safety violations at its sawmill near Waldo, Ark., after a fire caused the death of one worker and injured two others. The Occupational Safety and Health Administration inspected the mill following …
February 13, 2008
Nebraska lawmakers are considering a big change in workers’ compensation law that could cost millions but that supporters say would provide needed help for injuries that often go unseen. Under the bill (LB1082) from Sen. Abbie Cornett of Bellevue, workers …
February 13, 2008
Federal officials were mired in political favoritism and miscounted the number of damaged homes in rejecting two Illinois counties’ applications for disaster relief, local Illinios officials said this week. Leaders from Iroquois and Livingston counties met on Monday to strategize …
February 13, 2008
Spurred by December storms that caused millions of dollars in flood and wind damage, Oregon lawmakers are expediting a package of disaster aid bills in this special session, including one to get jobless benefits more quickly to storm victims. Other …